Bildkälla: Stockfoto

Cellavision: Q1’21: A more Upbeat Tone - Redeye

Redeye’s first comments on CellaVision’s report for Q1’21. The report showed stronger sales than we expected at SEK 134m vs. our SEK 123m, a flat development compared to last year. The gross margin was also higher at 69% compared with the 67% expected. Organic sales were a strong 7% driven by a very strong development in EMEA, while the other regions continue to be weak. Encouraging comments about returning to a gradual recovery of the markets, and we like that the gross margin was back at pre-pandemic high levels. The long-term prospects are still excellent, and we are likely to make some upward adjustments to our estimates.

Redeye’s first comments on CellaVision’s report for Q1’21. The report showed stronger sales than we expected at SEK 134m vs. our SEK 123m, a flat development compared to last year. The gross margin was also higher at 69% compared with the 67% expected. Organic sales were a strong 7% driven by a very strong development in EMEA, while the other regions continue to be weak. Encouraging comments about returning to a gradual recovery of the markets, and we like that the gross margin was back at pre-pandemic high levels. The long-term prospects are still excellent, and we are likely to make some upward adjustments to our estimates.
Börsvärldens nyhetsbrev
ANNONSER