Brief: Bactiguard Holding Q2 EBITDA Down At SEK 5.7 Million

Bactiguard Holding AB

08/08/2019 07:10

Aug 8 (Reuters) - Bactiguard Holding AB  BACTIb.ST :
    * INTERIM REPORT FOR Q2 2019
    * Q2 REVENUE SEK 34.1 MILLION VERSUS SEK 52.4 MILLION YEAR
AGO
    * Q2 EBITDA AMOUNTED TO SEK 5.7 (9.1) MILLION, WITH AN
EBITDA
MARGIN OF 17% (17%)
    * LOWER BIP SALES WERE DUE TO THAT NO NEW PRODUCTS WERE
DELIVERED
TO CHINA AND THAT OTHER MARKETS DID NOT GENERATE ENOUGH GROWTH
TO OFFSET THIS LOSS OF REVENUE
    * ACTIVITIES IN CHINESE MARKET HAVE INCREASED
    * IN INDIA, SALES WORK IS ONGOING ON A BROAD FRONT AND
NUMBER OF
HOSPITALS AND CLINICS TESTING OUR PRODUCTS IS INCREASING

Source text for Eikon:  ID:nWkrQdFSY 
Further company coverage:  BACTIb.ST 

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