Bactiguard Holding AB logo

BACTI B - Bactiguard Holding AB News Story

SEK178 0.5  0.3%

Last Trade - 4:24pm

Sector
Healthcare
Size
Mid Cap
Market Cap £517.7m
Enterprise Value £538.9m
Revenue £18.5m
Position in Universe 403rd / 1786

BRIEF-Bactiguard Holding Q2 EBITDA Down At SEK 5.7 Million

Thu 8th August, 2019 7:10am
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 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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