ALK B ALK-abello A/S Class B

ALK – Financial calendar for the 2021 financial year

ALK – Financial calendar for the 2021 financial year

2021 financial calendar for ALK (ALKB:DC / OMX: ALK B / AKABY / AKBLF):

Silent period13 January 2021



Annual report 202010 February 2021


Annual General Meeting to be held at

ALK

Bøge Allé 1

2970 Hørsholm, Denmark



Written requests to have specific business

transacted at the AGM will be included in the

agenda if received by the company on

3 February 2021 at the latest

(may be e-mailed to )





18 March 2021

4.00 p.m.


Silent period


7 April 2021


Three-month interim report (Q1) 2021


5 May 2021


Silent period


14 July 2021


Six-month interim report (Q2) 2021


11 August 2021


Silent period


14 October 2021


Nine-month interim report (Q3) 2021


11 November 2021



                                                       ALK-Abelló A/S



For further information please contact:

Investor Relations: Per Plotnikof, tel. , mobile

Media: Jeppe Ilkjær, mobile



About ALK


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 2,400 people worldwide and is listed on Nasdaq Copenhagen. Find more information at



Attachment



EN
17/12/2020

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Reports on ALK-abello A/S Class B

Jesper Ingildsen
  • Jesper Ingildsen

ALK-Abello (Buy, TP: DKK190.00) - Expecting solid start to the year

We expect a solid Q1 report, with likely c11% organic growth as well as good margin progress supporting the 2025 guidance. Based on its footprint, we see minimal effect in case of tariffs on pharmaceuticals, with the biggest risk coming from potential reciprocal ones from Europe. We reiterate our BUY and DKK190 target price.

Alk-Abello A S: 1 director

A director at Alk-Abello A S bought 1,606 shares at 155.680DKK and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearl...

Jesper Ingildsen
  • Jesper Ingildsen

ALK-Abello (Buy, TP: DKK190.00) - Sales trump one-offs in Q4

While one-off costs took the initial focus (albeit broadly pre-warned), a solid underlying performance in Q4 was anchored in the important European tablet sales, which exceeded expectations. We find the 2025 guidance in line with expectations, but see upside risk to consensus on the top line given strong momentum in tablet sales in Europe. We reiterate our BUY and DKK190 target price.

Jesper Ingildsen
  • Jesper Ingildsen

ALK-Abello (Buy, TP: DKK190.00) - Expecting strong year end

We expect a strong Q4, with c12% organic revenue growth YOY, but the EBIT margin to be under pressure from well flagged one-offs related to optimisation initiatives and revision of its Chinese plans. We expect the 2025 guidance to be in line with expectations and its long-term strategy announced last year for >10% organic revenue growth and a c25% EBIT margin. We reiterate our BUY and DKK190 target price.

Jesper Ingildsen
  • Jesper Ingildsen

ALK-Abello (Buy, TP: DKK190.00) - Solid momentum reaffirmed

We find ALK’s solid momentum reaffirmed with the strong Q3 results, where higher European tablet sales more than offset the softness in SCIT/SLIT-drops. We believe the results also confirmed continued profitability improvement, leaving ALK on track to meet its 2025 EBIT margin target of c25% and in a position of strength to invest in growth opportunities, with the Neffy deal as a good example. We reiterate our BUY and DKK190 target price.

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