Roche Holding AG (OTCPK:RHHVF)
$ 245.3 1.2 (0.49%) Market Cap: 200.64 Bil Enterprise Value: 223.02 Bil PE Ratio: 15.73 PB Ratio: 6.12 GF Score: 84/100

Q1 2023 Roche Holding AG Corporate Sales Call Transcript

Apr 26, 2023 / 12:00PM GMT
Release Date Price: $306.12 (-3.87%)
Operator

This meeting is being recorded (Operator Instructions). In addition to that, you may also raise your virtual hand to address your questions verbally. (Operator Instructions) One last remark, if you would like to follow the presented slides on your end as well, please feel free to go to roche.com/investors to download the presentation.

At this time, it's my pleasure to introduce you to Thomas Schinecker, CEO Roche Group. Mr. Schinecker, the stage is yours.

Thomas Schinecker
Roche Holding AG - CEO

Good morning, and good afternoon, everyone. Together with my team, I'm looking forward to presenting the Q1 2023 results. So let's get right into it.

Group sales declined by 3%, and this was driven by the expected decline in COVID-19 testing. The underlying base business in both divisions reported strong growth results, which meant for the group plus 8% for the base business. Pharma had a very strong performance in Q1 with plus 9%, and this was driven by the ongoing portfolio rejuvenation. We had also a good diagnostics base business growth of plus 4

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