Brief: Boule Diagnostics Q1 Operating Profit Up At SEK 10.3 Mln

Boule Diagnostics AB

04/05/2022 10:44

May 4 (Reuters) - Boule Diagnostics AB  BOUL.ST :
    * Q1 NET SALES SEK 132.5 MILLION VERSUS SEK 100.6 MILLION
YEAR AGO
    * Q1 NUMBER OF INSTRUMENTS SOLD 1 207 VERSUS 931 YEAR AGO
    * Q1 OPERATING PROFIT SEK 10.3 MILLION VERSUS SEK 6.8
MILLION YEAR
AGO
    * ALTHOUGH SOME MARKETS, PARTICULARLY IN SOUTHEAST ASIA,
CONTINUE
TO BE AFFECTED BY THE PANDEMIC, SALES IN ASIA DOUBLED COMPARED
PREVIOUS YEAR
    * SUPPLY OF ELECTRONIC COMPONENTS AND OTHER INPUTS CONTINUES
TO BE
VERY DIFFICULT AND DISRUPTIONS HAVE LIMITED PRODUCTION AND SALES
    * Q1 GROSS PROFIT SEK 57 MILLION, CORRESPONDING TO A GROSS
MARGIN
OF 43 PERCENT, 1.5 PERCENTAGE POINT LOWER THAN LAST YEAR
    * QUARTER WAS BURDENED BY COSTLY INPUTS BY APPROXIMATELY SEK
5
MILLION, UNEVEN PRODUCTION UTILIZATION AND HIGHER TRANSPORT
COSTS
    * ALSO, GROSS MARGIN WAS AFFECTED BY UNFAVOURABLE
PRODUCT/REGION
MIX WITH HIGHER SHARE OF INSTRUMENTS TO INDIA IN PARTICULAR AND
AN INCREASED SHARE OF OEM SALES

Source text for Eikon:  ID:nWkr7SFXNW 
Further company coverage:  BOUL.ST 

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