Report
Juan Ros-Padilla

Almirall SA : Q1 2023 EBITDA somewhat above expectations, guidance reiterated

>Q1 numbers are a touch above yet evidence feeble momentum and margin erosion - Sales reached € 233m (+2% y-o-y vs +7% in Q4 22, +4% in Q3 22 and +6% in Q2 22), broadly in line with our estimates and the consensus. As regards its recent product launches, Skilarance showed a material sequential deterioration (-22% vs +12in Q4 2022, -10% in Q3 2022 and -11% in Q2 2022), Ilumetri kept a very strong pace (+41% vs +44% in Q4 2022, +52% in Q3 2022 and +56% in Q2 2022) and S...
Underlying
Almirall SA

Almirall is engaged in the acquisition, manufacture, storage, sale and mediation in the sale of pharmaceutical specialties and products and all manner of raw materials used to prepare pharmaceutical specialties and products. Also, Co. acquires, manufactures, storages, sales and mediates in the sale of cosmetics, chemical, biotechnological and diagnostic products for human, veterinary, agrochemical and food-industry use, as well as all manner of utensils, complements and accessories for the chemical, pharmaceutical and clinical industries. In addition, Co. is engaged in the acquisition, sale, lease, subdivision and development of land lots, land and properties of all kinds.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Juan Ros-Padilla

ResearchPool Subscriptions

Get the most out of your insights

Get in touch