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ALK’s (ALKB:DC / OMX: ALK B / AKBLF) Board of Directors has approved the company’s 2022 annual report (ESEF-version ALK-2022-12-31-en attached). Following a solid Q4, full-year results exceeded initial expectations and were in line with the most recent outlook. ALK expects to continue its trajectory of growth and earnings improvement in 2023.
(Revenue growth rates are stated in local currencies. Comparative figures for 2021 are shown in brackets)
Q4 2022 highlights
Full-year 2022 highlights
2023 financial outlook
ALK expects sales growth across all regions and improved profitability. From 2023, ALK will guide on EBIT margin instead of EBITDA to align with its long-term financial ambitions.
ALK’s CEO Carsten Hellmann says: “2022 was another year of double-digit growth in revenue and earnings, and we also made solid progress on our strategic agenda. We expect continued growth and further earnings improvements in 2023, despite inarguably tougher conditions, including a one-off rebate increase in Germany and ongoing inflation. We are well prepared to deal with these challenges. Our business platform and market positions are robust, and the market transition is in our favour. We will continue to execute on our strategy and push for improved results in the coming years.”
For further information please contact:
Investor Relations: Per Plotnikof, tel. +45 4574 7527, mobile +45 2261 2525
Media: Maiken Riise Andersen, tel. +45 5054 1434
This information is information that ALK-Abelló A/S is obliged to make public pursuant to the EU Market Abuse Regulation.
Today, ALK is hosting a conference call for analysts and investors at 2.00pm (CET) at which Management will review the financial results and the outlook. The conference call will be audio cast on https://ir.alk.net where the accompanying presentation will be available shortly before the call begins. Participants in the conference call are kindly requested to call in before 1.55pm (CET). Danish participants should call in on tel. +45 7877 4197 and international participants should call in on tel. +44 0 808 101 1183 or +1 785 424 1739. Please use the following participant pin code: 91630#
ALK is a global specialty pharmaceutical company focused on allergy and allergic asthma. It markets allergy immunotherapy treatments and other products and services for people with allergy and allergy doctors. Headquartered in Hørsholm, Denmark, ALK employs around 2,700 people worldwide and is listed on Nasdaq Copenhagen. Find more information at www.alk.net.