Brief: Biogaia Q3 Operating Profit Down At SEK 49.5 Million

Biogaia AB

23/10/2019 07:08

Oct 23 (Reuters) - Biogaia AB  BIOGb.ST :
    * INTERIM MANAGEMENT STATEMENT 1 JANUARY - 30 SEPTEMBER 2019
    * Q3 NET SALES AMOUNTED TO SEK 167.1 MILLION (174.7)
    * Q3 OPERATING PROFIT AMOUNTED TO SEK 49.5 MILLION (66.2), A
DECREASE OF 25%
    * LONG-TERM FINANCIAL TARGET IS AN OPERATING MARGIN
(OPERATING
PROFIT IN RELATION TO SALES) OF AT LEAST 34%

Source text for Eikon:  ID:nWkr75Hm1B 
Further company coverage:  BIOGb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587785110;))