Full Year 2024 AddLife AB Earnings Call Transcript

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Feb 05, 2025

Feb 05, 2025 / 08:00AM GMT
Fredrik Dalborg - AddLife AB - President, Chief Executive Officer

Good morning and welcome everyone to the AddLife AB 4th quarter presentation and we will take you through today and an overview of the quarter and the outlook for the future. And then after, of course, the presentation we will have a Q&A session, but as usual we have recorded a great video of a of a company within the group and this this time around it's triola so I encourage you all to stay home to watch that video of a fantastic company within the lab tech business area.

AddLife was able to finish 2024 in a very strong way. The company performed really well, driven by healthy customer demand, but also diligent work on the business fundamentals, improving efficiency and profitability continuously, and this is again an important piece of the ad life DNA.

Sales increased by 11%, quite healthy development, organic and currency adjusted the growth was 9%. In lab tech we saw strong instrument sales after a bit of a weakness in Q3 2024 and also a very healthy invoicing and sales development in Eastern Europe. On the medtech

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