Diasorin SpA (OTCPK:DSRLF)

$ 109 0 (0%) Market Cap: 5.61 Bil Enterprise Value: 6.59 Bil PE Ratio: 31.87 PB Ratio: 3.23 GF Score: 98/100

Q1 2023 DiaSorin SpA Earnings Call Transcript

May 09, 2023 / 01:00PM GMT

Release Date Price: $119.74

Transcript

Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the DiaSorin First Quarter 2023 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Carlo Rosa, CEO of DiaSorin. Please go ahead, sir.

Carlo Rosa

DiaSorin S.p.A. - CEO, GM & Executive Director

Yes. Thank you, operator. Good morning, and welcome to the DiaSorin Quarter One 2023 results. As usual, I'm going to make my comments at a constant exchange rate, and then I will allow our CFO, Mr. Pedron then to go through the numbers in great detail.

Let's start from the revenues, EUR 284 million, which is -- versus Q1 of 2022. Let's remember that there has been a change of perimeter since we have sold our Flow Cytometry business. So at constant perimeter business would be down 20%. And then there is a second factor that is clearly, COVID. COVID is down 80%, give or take, compared to what we had last year. So excluding also the COVID business and the effect of the respiratory season, which is a

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