Bactiguard’s Q1 net sales of SEK 56m were 4% below SEB (total revenues was 6% below), down 4% organically y/y in the quarter. Q1 EBITDA was slightly lower than our estimate coming in at SEK -6.6m (SEB at SEK -5.3m). Bactiguard’s financial targets remain. A rather undramatic report overall.
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