Published: 2023-02-16
BONESUPPORT HOLDING AB (publ), a leading company in orthobiologics for the management of bone injuries, today publishes the interim report for the fourth quarter 2022 and the full year 2022.
68 PERCENT SALES GROWTH IN THE QUARTER
OCTOBER – DECEMBER 2022
- Net sales increased by 68 percent (49 percent at constant exchange rates) and amounted to SEK 103.2 million (61.4).
- The North America (NA) segment reported a sales growth of 111 percent (80 percent at constant exchange rate).
- The Europe & Rest of the World (EUROW) segment reported a sales growth of 12 percent (9 percent at constant exchange rates).
- The gross margin amounted to 91.5 percent (89.3).
- Operating result before effects from the Group’s incentive programs amounted to SEK -10.1 million (-17.0). Reported operating result amounted to SEK -19.3 million (-21.8). The operating result was affected by negative currency effects and was burdened by a retroactive correction of SEK 2 million regarding too low selling expenses in the previous quarter in EUROW.
- Earnings per share, before and after dilution, were SEK -0.32 (-0.38).
JANUARY - DECEMBER 2022
- Net sales increased by 54 percent (38 percent at constant exchange rates) and amounted to SEK 328.8 million (212.9).
- The North America (NA) segment reported a sales growth of 78 percent (52 percent at constant exchange rate).
- The Europe & Rest of the World (EUROW) segment reported a sales growth of 23 percent (19 percent at constant exchange rates).
- The gross margin amounted to 90.5 percent (89.1).
- Operating result before effects from the Group’s incentive programs amounted to SEK -36.2 million (-75.1). Reported operating result amounted to SEK -64.5 million (-80.7).
- Earnings per share, before and after dilution, were SEK -1.06 (-1.34).
"Strong start for CERAMENT G in the US." Emil Billbäck, CEO
EVENTS DURING THE REPORTING PERIOD
- In October, the Company’s antibiotic-eluting bone graft CERAMENT G has been used surgically for the first time in patients in the US.
- Pursuant to the authorization granted by the annual general meeting on May 19, 2022, the board of directors of BONESUPPORT HOLDING AB has in December resolved to issue and immediately thereafter repurchase 639,572 series C-shares. The shares were issued and repurchased to secure delivery of shares for the share saving program LTI 2021.
EVENTS AFTER THE REPORTING PERIOD
Nothing to report.