Brief: CellaVision Q2 Operating Profit Up At SEK 112.4 Mln

CellaVision AB

16/07/2019 07:27

July 16 (Reuters) - CellaVision AB  CEVI.ST :
    * REG-CELLAVISION ABS STRONGEST QUARTER EVER WITH CONTINUED
GROWTH
    * Q2 NET SALES INCREASED BY 22% TO SEK 112.4 MILLION (91.9)
    * Q2 OPERATING PROFIT INCREASED TO SEK 37.9 MILLION (31.6)
    * Q2 OF 2019 WAS YET ANOTHER STRONG QUARTER FOR CELLAVISION,
WITH
ORGANIC GROWTH OF 18 PERCENT - CEO
    * GROWTH WAS STRONG IN AMERICAS AND EMEA, WHILE APAC HAD
NEGATIVE
GROWTH IN QUARTER
    * GEOGRAPHICAL EXPANSION IS CRUCIAL TO CELLAVISION'S GROWTH
    * WE ARE CURRENTLY EVALUATING PROSPECTS OF EXPANDING TO MORE
MARKETS
    * WE ARE ALSO REVIEWING NEED TO STRENGTHEN CURRENT
ORGANIZATION IN
SOME OF OUR MAIN MARKETS

Source text for Eikon:  ID:nGNE2xTTGF 
Further company coverage:  CEVI.ST 

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