Preliminary Full Year 2021 Allergy Therapeutics PLC Earnings Call Transcript
Good day, ladies and gentlemen, and welcome to the Allergy Therapeutics Preliminary Results 2021. (Operator Instructions)
I will now hand over to the CEO of Allergy Therapeutics, Manuel Llobet, to open the presentation. Please go ahead.
Hello, everybody, and thank you very much for joining us on this presentation of the results for the year-end in June 2021. Let's go to the next slide, please. And after this disclaimer, we can go to the contents.
So let's start with the financial and operational highlights in the next slide where we can see first the financial highlights. The company got 8% increase in revenues to GBP 84.3 million and operating profit, pre-R&D, up 19% and net profit of 2.9% -- GBP 2.9 million and a cash balance of GBP 40.3 million.
On other operational milestones, we would like to highlight the VLP Peanut project where we released recently the successful ex vivo study. Some of you attended the key opinion leaders event where we disclosed the
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