Q2 2025 Orexo AB Earnings Call Transcript

Jul 16, 2025 / 12:00PM GMT
Nikolaj Sorensen - Orexo AB - President, Chief Executive Officer

Thank you very much, and welcome to all of you who have taken your time at this busy day with a lot of other reports coming out and also a beautiful summer day, at least in the afternoon in Uppsala, Sweden. I will take you through the report today together with Fredrik, as I said, and I'll just jump over to the agenda. So those of you who have been listening in before, you know we will start with a business update. I will go through the US commercial of products under development, Fredrik will take us through the financials, and we will round up with a slide about where we see some of the future value drivers and focus areas for the company, including opening up for question and answers.

So a brief overview of the quarter. I can't hide that the quarter came out disappointing compared to what we expected. And the prime reason for this is the onetime rebate payment that we have flagged. It's about SEK9 million or $900,000. That, of course, has a direct impact on both net sales and our EBITDA.

And also in the quarter, we have

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