Sweden's Newbury Pharmaceuticals Q4 revenue more than doubles on new product launches
Overview
Sweden specialty drug maker's Q4 net revenue grew about 130% yr/yr on new launches
Q4 EBITDA loss narrowed compared to last year
Company secured new generic approvals and exclusive rights to hospital portfolio in Iraq
Outlook
Company expects gross margin to improve in coming quarters
Company prioritizes reaching EBITDA breakeven as foundation for long-term growth
Company remains on track to launch over 30 products in Nordics by Dec 2026
Result Drivers
NEW PRODUCT LAUNCHES - Co said Q4 revenue growth was driven by additional product launches and increased participation in tenders across the Nordics
MARGIN PRESSURE - Co said gross margin declined due to product mix and price pressure in tenders, limiting earnings improvement despite higher revenue
SLOW INTERNATIONAL SALES - Co said international sales were limited as activities in the Middle East progressed slower than expected due to geopolitical factors
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 EBITDA | -SEK 5.10 mln |
Analyst Coverage
The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)