Fourth Quarter 2023
- Total revenue increased 14 per cent, 15 per cent at constant exchange rates, (CER), to
SEK 6,844 M (5,991) - Haematology revenue increased 21 per cent at CER to
SEK 3,640 M (3,025), driven by sales of Vonjo ® ofSEK 322 M, strong sales ofSEK 1,323 M for Elocta ®, growth for Doptelet ® excludingChina of 59 per cent at CER and sales of Aspaveli ®/Empaveli ® ofSEK 186 M - Immunology revenue increased 10 per cent at CER to
SEK 2,905 M (2,643), driven by Gamifant ® growth of 107 per cent at CER and royalties on Beyfortus™ (nirsevimab) of SEK 890 M - The adjusted EBITA margin was 38 per
cent (41) , excluding items affecting comparability (IAC). EBITA wasSEK 2,502 M (2,455), corresponding to a margin of 37 percent (41) . EBIT wasSEK 1,610 M (1,916) - Earnings per share (EPS) before dilution was
SEK 3.02 (4.47). EPS adjusted before dilution wasSEK 3.21 (4.47). Cash flow from operating activities wasSEK 1,073 M (1,893) - After the end of the quarter, on
January 5, 2024 , Board memberAnnette Clancy assumed the role of Chair of the Board with immediate effect asBo Jesper Hansen resigned at his own request and with immediate effect due to health reasons.
Full Year 2023
- Total revenue increased 18 per cent, 12 per cent at CER to
SEK 22,123 M (18,790). Growth was driven by Haematology 17 per cent at CER and Immunology 9 per cent at CER - Adjusted EBITA margin was 34 per
cent (35) , excluding IAC
Outlook 2024
- Revenue is anticipated to grow by a high single-digit percentage at CER
- EBITA margin adjusted is anticipated to be in the mid-30s percentage of revenue
"Sobi's strategic portfolio grew strongly during the quarter and accounted for 40 per cent of revenue, underpinning our commitment to deliver new innovative medicines to people with rare diseases." - Guido Oelkers, President & CEO.
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Sobi
Sobi ® is a specialised international biopharmaceutical company transforming the lives of people with rare and debilitating diseases. Providing reliable access to innovative medicines in the areas of haematology, immunology and specialty care, Sobi has approximately 1,800 employees across
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https://mb.cision.com/Main/14266/3924289/2590673.pdf | Q4 and FY 2023 report. Strong revenue performance and growth into 2024 |
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SOURCE Swedish Orphan Biovitrum AB