Xvivo Perfusion AB (FRA:3XV)
€ 39.75 -0.3 (-0.75%) Market Cap: 1.24 Bil Enterprise Value: 1.20 Bil PE Ratio: 70.74 PB Ratio: 7.04 GF Score: 85/100

Q1 2021 Xvivo Perfusion AB Earnings Call Transcript

Apr 21, 2021 / 12:00PM GMT
Release Date Price: €28.5 (-3.88%)
Operator

Ladies and gentlemen, welcome to the Xvivo Group interim report Q1 2021. (Operator Instructions) I will now hand it over to CEO, Dag Andersson. Please go ahead with your meeting.

Dag Andersson;publ;President;CEO
Xvivo Perfusion AB

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Thank you very much for the introduction. So dear all, welcome to the first quarterly telephone conference 2021. And I am happy to present to you, together with my CFO, Kristoffer Nordstrom.

And as mentioned in the quarterly report released this morning, the year has started well for XVIVO and quarter 1 was positive from many different aspects. And both sales margins, EBITDA showed positive performance or very positive performance, sales up 38% in the quarter. We had a gross margin of 75%, and EBITDA margin adjusted of 11%. And also worth mentioning strong organic growth of 10%.

And particularly positive was the development of thoracic machine perfusion sales, which increased by 45% versus same quarter last year. This is actually an outstanding number, bearing

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