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Stock impact report

Bavarian Nordic delivered record financial results in 2023 [Yahoo! Finance]

BAVARIAN NORDIC R/I S/ADR (BVNRY) 
NASDAQ:AMEX Investor Relations: bavarian-nordic.com/investor.aspx
Company Research Source: Yahoo! Finance
2024 revenue of DKK 5,000-5,300 million and EBITDA of DKK 1,100-1,350 million expected. Focused R&D efforts to drive sustainable value creation within infectious diseases; discontinuing immuno-oncology projects. The Company will host three capital markets days during February. COPENHAGEN, Denmark, February 21, 2024 – Bavarian Nordic A/S (OMX: BAVA) today reports preliminary, unaudited financial results for 2023 and financial guidance for 2024. Furthermore, the Company provides an update on its R&D priorities. The preliminary revenue in 2023 was DKK 7,062 million compared to DKK 3,151 million in 2022, thus exceeding the annual guidance of DKK 6,900 million. The improved revenue was driven by the Public Preparedness segment due to a surge in sales of smallpox/mpox vaccines following the unfortunate outbreak in 2022, as well as continued strong growth in the Travel Health business, further supported by the addition of new products through the latest acquisition in May 2023. The Show less Read more
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