Brief: Bactiguard Says Updated Financial Targets In Alignment With Sharpened License Focused Strategy

Bactiguard Holding AB

26/10/2023 17:49

Oct 26 (Reuters) - Bactiguard Holding AB  BACTIb.ST :
    * BACTIGUARD PUBLISHES UPDATED FINANCIAL TARGETS IN
ALIGNMENT WITH
SHARPENED LICENSE FOCUSED STRATEGY
    * BACTIGUARD HOLDING - TRANSFORMATION OF BACTIGUARD WILL
IMPACT
INCOME STATEMENT OVER 9 MONTHS, PROFITABILITY IS EXPECTED TO BE
ACHIEVED DURING 2024
    * BACTIGUARD - UPDATED TARGETS RELATE TO GROWTH,
PROFITABILITY
WITH NET SALES IN EXCESS OF 1 BILLION SEK; EBITDA OF 500 MILLION
SEK TO BE DELIVERED BY 2028 END
    * TARGET TO HAVE AT LEAST 10 APPLICATION AREAS IN LICENSE
PARTNERSHIPS WITH PRODUCTS IN MARKET BY YEAR-END 2028.

Source text for Eikon:  ID:nWkrbVF39G 
Further company coverage:  BACTIb.ST 

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