Biotage has had two financial goals in its business, an organic sales growth goal of 12 percent and a profitability goal of 25 percent (EBITA).

The new organic revenue growth goal is double digit, and the profitability goal is high twenties percent (Adjusted EBITDA).

The goals are formulated as an average for rolling three-year periods.

Contacts

Torben Jörgensen, Interim President & CEO
Tel: +46-707 49 05 84, torben.jorgensen@biotage.com

About Biotage

Biotage is the Global Go-To Separations Company, supporting customers from drug discovery and development through to diagnostics and analytical testing with intelligent and sustainable workflow solutions. Our expertise and top-tier separation solutions play a key role in streamlining our customers’ workflows and improving their outcomes.

Headquartered in Sweden, Biotage operates globally with 700 employees, serving over 80 countries. Our company is listed on NASDAQ Stockholm (BIOT).
Website: www.biotage.com

Attachments

Biotage AB (publ) publishes new Financial Goals

© Modular Finance, source Nordic Press Releases