Brief: Biogaia Q3 Operating Profit Rises To SEK 93.7 Million

Biogaia AB

21/10/2022 07:16

Oct 21 (Reuters) - Biogaia AB  BIOGb.ST :
    * BIOGAIA AB: INTERIM REPORT THIRD QUARTER JANUARY -
SEPTEMBER
2022
    * Q3 NET SALES AMOUNTED TO SEK 257.7 MILLION (173.8)
    * Q3 OPERATING PROFIT INCREASED BY 40% TO SEK 93.7 MILLION
(67.2)
    * Q3 PROFIT AFTER TAX AMOUNTED TO SEK 79.5 MILLION (52.8)
    * DEMAND WILL PROBABLY REMAIN STRONG FOR OUR PROTECTIS DROPS
FOR
INFANTS WITH COLIC REGARDLESS OF ECONOMIC SITUATION, WHILE OUR
PRODUCTS IN ADULT HEALTH SEGMENT FOR WELL-BEING MAY BE AFFECTED
BY TOUGHER ECONOMIC TIMES
    * IN OUR AMERICAS MARKET AREA, WE CAN SEE THAT INFLATION IS
BEGINNING TO IMPACT PURCHASING POWER IN USA

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