Q1 2023 Xvivo Perfusion AB Earnings Call Transcript

Feb 15, 2024

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Apr 24, 2023 / 12:00PM GMT
Operator

Welcome to XVIVO Q1 Report for 2023. (Operator Instructions) Now I will hand the conference over to CEO,Â Christoffer RosenbladÂ and CFO,Â Kristoffer Nordstrom. Please go ahead.

Christoffer Rosenblad - Xvivo Perfusion AB(publ)-CEO

Thank you so much, and welcome to XVIVO's earnings call for the first quarter of 2023. Today's presenters are myself, Christoffer Rosenblad, CEO for XVIVO and Kristoffer Nordstrom, CFO. On Slide 3, you can see the financials at a glance, and I'm very happy and proud to report that Q1 was the strongest quarter ever posted byÂ XVIVO. We saw sales of SEK 141 million, organic growth of 34% and an adjusted EBITDA of 18%. And we're also very pleased to see continued high organic constant currency growth and improving gross margin for disposable products for all segments. Also, contain that the integration of our 3 last latest acquisition has progressed according to plan, and they have significantly contributed to the high growth during the quarter. An opportunity to further integrate the STAR recovery service

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