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ORNBV Orion Oyj News Story

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Brief: Orion Q2 Operating Profit EUR 104.6 Mln

July 18 (Reuters) - Orion Oyj ORNBV.HE:

Q2 NET INCOME EUR 82.5 MILLION

Q2 SALES EUR 416.5 MILLION VERSUS. ESTIMATE EUR 384.1 MILLION

Q2 OPERATING PROFIT EUR 104.6 MILLION VERSUS. ESTIMATE EUR 94.4 MILLION

Q2 BASIC EPS EUR 0.59

Q2 PRETAX PROFIT EUR 103.4 MILLION

Q2 EBITDA EUR 118.6 MILLION

OPERATING PROFIT INCREASED FASTER THAN NET SALES MAINLY DUE TO GROWTH OF NUBEQA® ROYALTIES

GOOD DEVELOPMENT IS ANTICIPATED TO CONTINUE DURING REMAINDER OF YEAR

ACCORDING TO ORION'S CURRENT ESTIMATE, NUBEQA MILESTONE PAYMENT COULD BE RECORDED IN 2026 OR EVEN ALREADY IN 2025.

BRANDED PRODUCTS BUSINESS DIVISION IS ESTIMATED TO GROW IN 2025

TOTAL CAPITAL EXPENDITURE IN 2025 IS EXPECTED TO BE AT A SIMILAR LEVEL AS IN 2024

Source text: ID:nGNE5ZFPSQ

Further company coverage: ORNBV.HE

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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