A strong end to an eventful year

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GTEBORG from Sweden, February 10, 2021 / PRNewswire / –

Fourth trimester

  • Sales amounted to 382 SEK (409) million, which corresponds to a decrease of 7% of SEK. Sales remained unchanged in local currency.
  • Operating profit before depreciation and amortization (EBITDA) amounts to 164 SEK (160) million, corresponding to a margin of 43 (39) percent. Exchange rate fluctuations had a negative impact on EBITDA by 21 million Swedish kronor.
  • The net result amounts to 108 SEK (96) million, which resulted in earnings per share of 0.99 SEK (0.89).

All year 2020

  • Sales amounted to 1 SEK 246 (1,480) million, which corresponds to a decrease of 16% of SEK. Sales fell 13 percent in local currency.
  • Operating profit before depreciation and amortization (EBITDA) amounts to 454 SEK (587) million, corresponding to a margin of 36 (40) percent. Exchange rate fluctuations had a negative impact on EBITDA by 24 million Swedish kronor.
  • The net result amounts to 288 SEK (384) million, which resulted in earnings per share of 2.64 SEK (3.53).

After the end of the period

  • The Board proposes a dividend of 87 SEK (-) millions, corresponding to 0.80 SEK (-) per share.
  • Lawsuit Received Regarding Claim of Patent Infringement Regarding Time-lapse in Germany.

Gothenburg, February 10, 2021

VITROLIFE AB (pub)

Thomas axelsson, CEO

Requests should be addressed to:

Thomas axelsson, CEO, tel 46 31 721 80 01

Mikael engblom, financial director, tel 46 31 721 80 14

This information is information that Vitrolife AB is obliged to make public in accordance with EU Market Abuse Regulation and Securities Market Law. The information was submitted for publication, through the contact person indicated above, at 8:00 a.m. CET on February 10, 2021.

This is a translation of the Swedish version of the press release. In case of doubt, the Swedish wording prevails.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/vitrolife-ab–publ-/r/report-on-operations-2020–strong-end-to-a-turbulent-year,c3283277

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SOURCE Vitrolife AB (publ)


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