Boule Diagnostics AB Q3 presentation

Jesper Söderqvist CEO and

Christina Rubenhag CFO

November 10, 2021

Agenda

  1. Q3 highlights
  2. Boule overview
  3. Strategy update
  4. Q&A

Q3 highlights: growth in all product lines, +15% in constant currencies

  • Continued strong sales in USA driven by
    OEM
  • Instrument sales increasing globally
  • Consumables up +12% vs 2020, but still impacted by COVID-19 restrictions, in particular in Southeast Asia
  • Disturbances in the supply chain impact profitability
  • Good progress with our strategic priorities
  • Entering Q4 with large order book

COVID

recovery

Positive R12 trends for both instruments and consumables continues

Boule Diagnostics

November 10, 2021

Consumable sales recovering

  • Growth in all product lines
  • Net sales in constant currencies up +15% YoY, +1% QoQ
  • Regional mix as well as supply chain disturbances pressure gross margin
  • Investments in new platform 11 MSEK

Boule Diagnostics

November 10, 2021

Financials Q3

Net sales, MSEK

Gross margin

111.8

44.7%

YoY Growth

EBIT-margin

13.2%

11.7%

Op. cash-flow, MSEK

10.6

Sales bridge: positive trends

Recovery driven by ease of pandemic

Growth in US +20% in fixed currencies, driven

restrictions across the world

mainly by OEM business

  • OEM business continue to show strong Asia growth driven by instrument and consumable

performance

sales to India. Still restrictions in many other

countries

Last year Q3: larger tender sales in West Europe

Boule Diagnostics

November 10, 2021

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Boule Diagnostics AB published this content on 10 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2021 07:54:04 UTC.