ALK-Abello A/S
CSE:ALK B

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ALK-Abello A/S Logo
ALK-Abello A/S
CSE:ALK B
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Price: 226 DKK -0.79% Market Closed
Market Cap: 45.8B DKK

ALK-Abello A/S
Investor Relations

ALK-Abelló A/S is a fascinating player in the global pharmaceutical market, renowned for its dedication to alleviating the impact of allergies through innovative treatments. Born in the heart of Denmark, this company has carved a niche for itself by focusing intensely on developing immunotherapy solutions for allergy sufferers—a sector often overshadowed by more glamorous pharmaceutical pursuits. ALK-Abelló operates at the forefront of the allergen immunotherapy landscape, committed to transforming the lives of those affected by allergic conditions, such as hay fever and allergic asthma. The company's portfolio includes allergy immunotherapy tablets, injection-based treatments, and diagnostic devices designed to offer comprehensive allergy solutions, catering to both established and emerging markets.

The essence of ALK-Abelló’s business model lies in its strategic focus on the research, development, and commercialization of allergy immunotherapies. Through rigorous scientific research and development, the company has developed a series of groundbreaking allergy tablets that provide patients with a convenient, effective alternative to traditional injection-based treatments. This innovation not only harnesses scientific advancements but also addresses consumer demand for ease and efficacy. Revenue streams are predominantly generated through the sale of these innovative products to healthcare providers and patients, a process supported by strong partnerships with clinical professionals and an extensive distribution network. In essence, ALK-Abelló finds its competitive edge in delivering tailored, cutting-edge allergy treatments that not only improve patient outcomes but also promise to reduce the long-term economic burden of allergic diseases.

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ALK B
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Last Earnings Call
Fiscal Period
Q3 2024
Call Date
Nov 14, 2024
AI Summary
Q3 2024

Strong Growth: ALK delivered 18% organic revenue growth in Q3 with particularly robust tablet sales, up 29% globally and 27% in Europe.

Margin Expansion: EBIT margin rose sharply from 13% to 23%, driven by sales growth, better gross margins, and cost efficiencies.

Full-Year Outlook: Management confirmed its guidance for 14%–16% revenue growth and an EBIT margin of 19%–21% for 2024.

Strategic Deal: ALK signed its largest-ever in-licensing deal for neffy nasal spray, aiming to expand into new allergy segments and expects it to boost growth from 2025 onward.

China Setback: ALK is redesigning its clinical trial for the house dust mite tablet in China after withdrawing its application, with approval now targeted for 2028.

Pipeline Progress: Recruitment for the peanut allergy tablet Phase I/II trial is complete, with safety and tolerability data expected before year-end.

Restructuring Costs: One-off costs will occur in Q4 related to China, but these are not expected to impact 2025 numbers.

Key Financials
Revenue
DKK 4 billion (9 months)
Organic Revenue Growth
18%
Tablet Revenue Growth (Global)
29%
Tablet Revenue Growth (Europe)
27%
Jext Sales
more than doubled
Gross Margin
64.3%
EBIT Margin
23% (Q3), 22% (9 months)
Operating Profit (EBIT)
DKK 886 million (9 months)
Free Cash Flow
DKK 425 million (9 months)
Total Capacity Cost
DKK 1.7 billion (9 months)
Other Earnings Calls

Management

Mr. Claus Steensen Solje
Executive VP, CFO & Member of Management Board
No Bio Available
Mr. Søren Daniel Niegel
Executive VP of Commercial Operations & Member of Management Board
No Bio Available
Dr. Henriette Mersebach
Executive VP Research & Development & Member of Management Board
No Bio Available
Ms. Katja Barnkob Thalund
Project Director of Global CMC Development & Employee-elected Director
No Bio Available
Ms. Lise Lund Maerkedahl
Project Director of Global Research & Employee-elected Director
No Bio Available
Mr. Peter Halling
President & CEO
No Bio Available
Mr. Per Plotnikof
VP of Corporate Communications, Investor Relations & Strategic Planning and Head of IR
No Bio Available
Jacob Glenting
Senior Vice President of Global Strategy & Corporate Development
No Bio Available
Ms. Lika Thiesen
Executive Vice President of Global People & Organisation
No Bio Available
Prof. Hendrik Kees Kam Nolte M.D., Ph.D.
Senior Vice President of Research & Development - North America and International Markets
No Bio Available

Contacts

Address
Hoersholm
Boege Alle 6-8
Contacts
+4545747576.0
www.alk.net