Interim report Q2, 2026: Strong margins and high profitability in soft market conditions

Källa: MFN
Positiv

Sammanfattning

Vitrolife redovisar ett stabilt resultat för andra kvartalet trots svaga marknadsförhållanden. Omsättningen minskade marginellt medan bruttomarginalen och EBITDA-marginalen ökade markant. Resultat per aktie förbättrades.

Analys

Bolaget visar motståndskraft i en utmanande marknadsmiljö med förbättrade marginaler. Trots en liten nedgång i omsättning, drivet av valutaeffekter och avyttringar, lyckades Vitrolife öka både bruttomarginalen och EBITDA-marginalen avsevärt. Detta indikerar en stark kostnadskontroll och en förbättrad produktmix. Resultat per aktie visar en positiv utveckling. Det operativa kassaflödet var dock något lägre än föregående år.

Nyckeltal

Omsättning Q2
857 (871) MSEK
Bruttomarginal Q2
60.3% (58.0%)
EBITDA Q2
295 (243) MSEK
EBITDA-marginal Q2
34.4% (27.8%)
Resultat per aktie Q2
0.95 (0.74) SEK
Operativt kassaflöde Q2
140 (151) MSEK

Insikter

  • Stark marginalförbättring trots svagare marknad.
  • Positiv valutaeffekt och engångseffekter bidrog till EBITDA.
  • Organisk tillväxt exklusive avyttrade verksamheter var positiv.

Second quarter

  • Sales of SEK 857 (871) million, a decrease of 1% in local currencies and 2% decrease in SEK. Organic growth in local currencies excluding exited business of the NACE and GDPX product lines was 1%.
  • Sales* per region were +1% in EMEA, +1% in Americas and -1% in APAC.
  • Sales* per product group were +3% in Consumables, +1% in Technologies and -2% in Genetics.
  • Gross margin increased to 60.3% (58.0).
  • Earnings before depreciation and amortisation (EBITDA) amounted to SEK 295 (243) million, resulting in an EBITDA margin of 34.4% (27.8). In addition, our EBITDA was positively affected by one-time effects of 13 MSEK, primarily driven by a VAT accrual reversal and also a positive currency revaluation effect of 8 (-5) MSEK in operating expenses.
  • Net income amounted to SEK 129 (100) million, resulting in earnings per share of SEK 0.95 (0.74).
  • Operating cash flow amounted to SEK 140 (151) million.

First half year

  • Sales of SEK 1,664 (1,714) million, a growth of 2% in local currencies and a 3% decrease in SEK, due to a significant currency impact of -5%. Organic growth* was 3%.
  • Sales* per region were 0% in EMEA, +6% in Americas and +3% in APAC.
  • Sales* per product group were +6% in Consumables, +6% in Technologies and -1% in Genetics.
  • Gross margin increased to 60.1% (57.7).
  • Earnings before depreciation and amortisation (EBITDA) increased to SEK 546 (500) million, resulting in an EBITDA margin of 32.8% (29.2).
  • Net income was SEK 230 (199) million, resulting in earnings per share of SEK 1.69 (1.48).
  • Operating cash flow amounted to SEK 312 million (220).

* In local currency and excluding exited business of the NACE and GDPX product lines

Contact:Pär Ihrskog, CFOe-mail: investors@vitrolife.com phone: +46 (0) 31 721 80 00

This is a translation of the Swedish version of the press release. When in doubt, the Swedish wording prevails.

About UsVitrolife Group is a global provider of medical devices and genetic testing solutions. Our vision is to enable people to fulfil the dream of having a healthy baby. Our mission is to be the leading global partner in reproductive health, striving for better treatment outcomes for patients. With 1,150 employees worldwide and headquarters in Gothenburg, Sweden, our products and services are available in over 125 countries through our direct presence and a network of distributors. Vitrolife AB (publ) is listed on Nasdaq Stockholm.

Vitrolife AB (publ), Box 9080, SE-400 92 Gothenburg, Sweden. Corporate identity number 556354-3452. Tel: +46 31 721 80 00. E-mail: info@vitrolife.com. Website: www.vitrolifegroup.com.

This information is information that Vitrolife is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-07-16 08:00 CEST.

AttachmentsInterim Report Q2 2026

Fler nyheter från Vitrolife

Relaterade pressmeddelanden och bolagshändelser från samma bolag.

Se bolagssidan