Strong Revenue Growth
Revenue grew by 12% to DKK 1.5 billion, with all sales regions experiencing double-digit growth. North America showed a significant recovery with 14% growth.
Tablet Sales Performance
Global tablet sales increased by 22%, largely driven by higher volumes and shipments to Torii in Japan. The house dust mite tablet, ACARIZAX, performed well, particularly in Europe and North America.
Earnings Improvement
Earnings improved by 50% to DKK 469 million, resulting in an EBIT margin of 31%. This was achieved despite market turmoil, helped by optimization initiatives saving DKK 300 million.
Pediatric Segment Growth
The new pediatric indications for house dust mite tablets resulted in higher-than-expected initial market uptake, surpassing expectations with over 1,000 prescribers initiating treatment.
Strong Cash Flow
Free cash flow almost tripled to DKK 330 million, with the net debt-to-EBITDA ratio decreasing, indicating a stronger balance sheet.