Q4 2021 Photocure ASA Earnings Presentation Transcript

Feb 23, 2022 / 01:00PM GMT

Release Date Price: kr98.25 (+5.98%)

Transcript

Daniel Schneider

Photocure ASA - President & CEO

All right. Good day, everyone, and welcome to Photocure's Results for Fourth Quarter 2021. Joining me today is Erik Dahl. I am Dan Scheider, CEO of Photocure.

Next slide, a reminder for today's presentation, disclaimers are in place.

Next slide. The fourth quarter highlights. Exciting, I think. We had 10% organic growth adjusted for onetime sales benefit last year from the reversal of Medicare 340b accrual and for the negative foreign currency. We actually delivered this 10% revenue growth year-over-year. But most importantly, unit growth in the U.S. was 10% and Europe 11% and 12% segments respectively year-over-year. So 11% U.S., 12% unit growth in Europe. EBITDA was negative NOK 5.5

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