Q1 2022 Biogaia AB Interim Management Statement Call Transcript
Ladies and gentlemen, welcome to the BioGaia Audio Cast and Teleconference Q1 2022. (Operator Instructions)
Today I am pleased to present CEO, Isabelle Ducellier; and CFO, Alexander Kotsinas. Dear speakers, please go ahead.
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Thank you for the introduction, and good morning, everyone. I have to admit that I am particularly pleased with our quarter. We are over-performing on all important parameters, starting with one of the most important, the sales. We have a record revenue with SEK 284 million, which is a pretty strong increase of plus 41% versus last year first quarter. And for the one following us, you would probably remember that the first quarter last year was strong as well, but not that strong, but strong as well. And this is mainly driven by strong demand worldwide and especially the comeback of Europe.
On the operating profit, here as well pretty impressive increase with plus 48%. We are able to have our EBIT
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