Q4 2024 ADDvise Group AB (publ) Earnings Call Transcript

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Feb 20, 2025

Feb 20, 2025 / 01:00PM GMT
Operator

Welcome to Advise Group Q4 2024 report presentation. (Operator Instructions)

Now I will hand the conference over to Chief Executive Officer Staffan Torstensson and acting Chief Financial Officer Johan Irwe. Please go ahead.

Staffan Torstensson - ADDvise Group AB(publ)-Chief Executive Officer - Board Member

Thank you and once again, welcome to Advice Group Q4 2024 earnings call. As usual, we will, Take you through business update and then financial performance and a Q&A session. Q4 was a solid quarter. Our net sales came in at SEK 442 million, which takes us to a year-on-year growth of 11%.

However, we continue to see challenging pharma and clinical trials comparables. Following 2023's stellar performance, but we saw a clear trend shift in the quarter. That took us to a negative organic growth isolated in the quarter of minus 3% compared to last quarter where we came in at minus 25%.

EBITDA came in at SEK 89 million, which takes us to a 20% EBITDA margin. To give you some colour on the

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