Orexo: Towards a record year

Research Update

2018-07-23

07:30

The outcome of 2Q18 was clearly better than we had expected and most impressive was the strong gain in profitability achieved during the period. Following the report, we have adjusted up our estimates for 2018 and 2019, raising gross margin in particular since the efficiency enhancements in production are having an impact faster than we expected. The strong 2Q18 report supports our perception that Orexo will deliver good sales and profit growth this year, which is expected to increase sales and profits to record levels. (Please note that this is a translation of the analysis report which was published the 16 of July 2018)

KP

AH

Klas Palin

Anders Hedlund

Disclosures and disclaimers

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