Overview
Swedish biotech firm's Q4 net sales rose 88% yr/yr to SEK 18.6 mln
Company reported Q4 net loss and negative EPS
Company announced SEK 200 mln rights issue to bolster financial position
Outlook
Oncopeptides anticipates reaching positive cash flow in 2027
Company aims for profitability in Germany during 2026
Oncopeptides announces rights issue of up to SEK 200 mln
Result Drivers
PEPAXTI DEMAND - Strong demand for Pepaxti, especially in Italy, drove Q4 sales growth, exceeding initial expectations
PLATFORM EXPANSION - Company plans to expand PDC platform beyond multiple myeloma into other diseases, including glioblastoma
GERMAN MARKET CHALLENGES - Slower uptake in Germany and a medical strike in Spain affected sales growth, leading to strategic review
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
SEK 18.57 mln
Q4 Adjusted EPS
-SEK 0.25
Q4 Net Income
-SEK 65.17 mln
Q4 Adjusted Free Cash Flow
-SEK 60.06 mln
Q4 Operating Profit
-SEK 61.53 mln
Analyst Coverage
Wall Street's median 12-month price target for Oncopeptides AB is SEK5.18, about 88.5% above its February 18 closing price of SEK2.75
Press Release: ID:nMFN9vWYP6
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)