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Vitrolife AB (publ) interim report Q2, 2024: Strong Technologies growth and improved margins
GOTHENBURG, Sweden, July 17, 2024 /PRNewswire/ --
Second quarter
Sales of SEK 941 (905) million, an increase of 4% in local currencies and 4% in SEK.
Sales per region, in local currencies was -5% in APAC, +11% in EMEA and +5% in Americas.
Sales growth per business area, in local currencies, was +3% in Consumables, +40% in Technologies and -7% in Genetics.
Gross margin increased to 59.9% (55.8).
Operating income before depreciation and amortisation (EBITDA) increased to SEK 327 (293) million, giving an EBITDA margin of 34.7% (32.4).
Operating cash flow increased to SEK 236 million (211).
Net income increased to SEK 143 (106) million, giving earnings per share of SEK 1.06 (0.78).
Vitrolife Group ...