Boule Diagnostics AB Q2 presentation

Jesper Söderqvist CEO and

Christina Rubenhag CFO

July 19, 2021

Boule Diagnostics overview

  • Decentralized near patient blood diagnostics
  • Over 70 years in hematology
  • Human and veterinary markets
  • Instruments and consumables
  • Recurring revenues
  • Multi-brandstrategy
  • OEM-sales

2 Boule Diagnostics

July 19, 2021

29,000

130+

100+

active instruments

million tests per year

countries

Q2 highlights: Strong sales growth, +34% in constant currencies

  • Continued strong sales in USA
  • Instrument sales increasing globally
  • Consumables up +6% vs 2020, but still slow due to COVID-19 restrictions, in particular in Asia
  • Disturbances in the supply chain impact profitability
  • Good progress with our strategic development projects

COVID

recovery

Positive R12 trends for both instruments and consumables

Boule Diagnostics

July 19, 2021

Delivered on plans in Q2

H1 2021 priorities

  • Increase digital marketing and enhanced support to distributors
  • Start-upnew distributors in EMEA
  • Start local production in Russia
  • Ramp-upproduction of new OEM reagents
  • Industrialization of new product platform

On-planOn-plan

On-plan

Instrument sales drive growth

  • Net sales in constant currencies up +34% YoY, +9% QoQ
  • High share of instrument sales
  • Product and regional mix as well as supply chain disturbances pressure gross margin
  • OPEX up 4.1 MSEK
    • Increased sales and marketing activities, recruitment costs
  • Investments in new platform 13 MSEK

Boule Diagnostics

July 19, 2021

Financials Q2

Net sales, MSEK

Gross margin

110,7

41.7%

YoY Growth

EBIT-margin

22.1%

2.1%

Op. cash-flow, MSEK

8.2

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Boule Diagnostics AB published this content on 19 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2021 07:50:03 UTC.