CellaVision AB (OTCPK:CLVSF)

$ 25.905 0 (0%) Market Cap: 476.81 Mil Enterprise Value: 467.45 Mil PE Ratio: 37.36 PB Ratio: 7.30 GF Score: 100/100

Q1 2022 CellaVision AB Earnings Call Transcript

May 10, 2022 / 09:00AM GMT

Release Date Price: $29.97

Transcript

Operator

Welcome to CellaVision Audiocast Teleconference Q1 2022. Today, I am pleased to present CEO, Simon Ostergaard; and CFO, Magnus Blixt. (Operator Instructions) I'll now hand the floor to our speakers.

Simon Ostergaard;publ;CEO;President

CellaVision AB

()-&

Thank you very much. So this is Simon Ostergaard speaking here, CEO; and I have Magnus Blixt, our CFO, with me. Thank you very much for taking the time to listening to our first quarterly update here in 2022. We will get right into it this time around. So we will hop into our first quarter quarterly update with highlights. So we can take the next slide.

The key line for our quarterly report here is that we're off to a strong start to 2012 -- 2022, of course. We had net sales of SEK 162 million, which represents a total growth of 21%. The sales increased organically by 15%. So we had currency effect of 6%. So as said, a pretty strong quarter up against compares other years.

From a strategic perspective, some of the key points here is that I

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