Blood analysis company Cellavision has reported stronger-than-expected figures for the fourth quarter. The board is proposing an increased dividend.
Revenue rose by 5.3 percent to 197 million kronor (187). The outcome can be compared with the Factset analyst consensus, which was 192. Organic sales growth was 12.2 percent (-7).
The EBITDA result was 65 million kronor (61), expected was 60, with an EBITDA margin of 33.0 percent (32.6).
Operating profit was 55 million kronor (51). The operating margin was 27.9 percent (27.3).
Profit before tax was 55 million kronor (51).
Profit after tax amounted to 43 million kronor (41).
Earnings per share amounted to 1.79 kronor (1.72).
The ordinary dividend proposed is 2.75 kronor per share (2.50). The expected figure was 2.65.
Cash flow from operating activities amounted to 51 million kronor (46).
"During the quarter, we made progress within our strategic focus areas and maintained a high level of activity within our research and development portfolio, which showed promising results," said CEO Simon Østergaard.
He states that investments in the innovation area are developing according to plan.
CellaVision AB is a Sweden-based company active in the medical technology sector. The Company develops and sells digital solutions for medical microscopy, as well as products enabling blood cell analysis and morphology diagnosis. CellaVision AB’s product portfolio consists of analyzers for automated medical microscopy analysis and software applications designed for remote access, competency testing and education. The analyzers include such brands as CellaVision DM96 and CellaVision DM1200, whereas the software applications are divided into CellaVision Body Fluid Application, CellaVision Remote Review Software and CellaVision Competency Software, among others. The Company operates four subsidiaries, based in Sweden, Canada, the United States and Japan. In June 2014, CellaVision AB acquired technology platform from Clear Lake Medical Foundation.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.