Brief: Biogaia Q2 Adjusted Operating Profit rises 19 pct

Biogaia AB

17/08/2018 07:05

Aug 17 (Reuters) - Biogaia AB  BIOGb.ST :
    * Q2 NET SALES AMOUNTED TO SEK 200.9 MILLION (156.0), AN
INCREASE
OF 29%
    * Q2 OPERATING PROFIT, EXCLUDING REVALUATION OF FORMER
ASSOCIATE
SHAREHOLDING IN METABOGEN, WAS SEK 72.9 MILLION (61.2), AN
INCREASE OF 19%
    * SAYS FORESEE SIGNIFICANTLY LOWER ROYALTY REVENUES FROM
NESTLÉ AS
A CONSEQUENCE OF ONGOING NEGOTIATIONS OF OUR ROYALTY AGREEMENT
WHICH TERMINATES AT END OF YEAR

Source text for Eikon:  ID:nWkr2v18Lg 
Further company coverage:  BIOGb.ST 

 (Reporting by Stockholm Newsroom)
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