AddLife AB (OSTO:ALIF B)
kr 113 -0.5 (-0.44%) Market Cap: 13.77 Bil Enterprise Value: 19.03 Bil PE Ratio: 173.85 PB Ratio: 2.67 GF Score: 72/100
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Q1 2022 AddLife AB Earnings Call Transcript

Apr 28, 2022 / 08:00AM GMT
Release Date Price: kr219.4 (-5.43%)
Kristina Willgard;publ;President;CEO
AddLife AB

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My name is Kristina Willgard. I'm very happy to present to you the interim report. I think it's a very strong report for the first quarter. And if we look on the highlights for this quarter, we did right -- it was a successful quarter because still, I think we do a very good -- both sales growth but also a profit growth in this quarter. You see when you look into the report that the acquisitions are driving the sales in Medtech, which is actually exactly what we expected. You know that we have done a lot of acquisitions during the last 2 years within our MedTech business area. If we exclude the sales with COVID-19 products, we actually had an underlying organic growth of 5% in this quarter, which I think also is very strong. And both business areas actually had a positive growth, excluding COVID sales. We have completed 2 acquisitions in the quarter that was of MBA and Telia and another 2 was finalized after the quarter, and that was OâFlynn and BioCat.

So summarizing this quarter, we had

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