Nanosonics Ltd (FRA:OQS)
€ 1.95 0.02 (1.04%) Market Cap: 611.88 Mil Enterprise Value: 537.73 Mil PE Ratio: 84.29 PB Ratio: 5.89 GF Score: 89/100

Half Year 2021 Nanosonics Ltd Earnings Call Transcript

Feb 24, 2021 / 12:01AM GMT
Release Date Price: €3.56 (-7.29%)
Operator

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again, a very strong recovery was seen across the half. In the first quarter, new units installed were up 17% compared with Q4 of FY '20, when the majority of the COVID impacts were actually felt. Importantly, however, the number of new units installed again in the second quarter of this half, they continued to recover and were up 35% and compared with the first quarter of this half. So a great result emerging in North America.

In Europe, as you know, over the last 18 months, we have increased our infrastructure as the fundamentals for adoption of trophon continued to strengthen. And this investment is resulting now in excellent growth in the number of new units installed, which was up 31% in the last 12 months and 18% in the last 6 months and is now 1,320 units in the EMEA region. The number of new units installed in Q1 of the half was actually up 60% compared to Q4, so recovering quite strongly from the major impacts in Q4 of FY '20. And that growth trend continued into Q2 with the number of new units also up 50% compared with Q1. So seeing good recovery and good

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