PolyPeptide Group AG
SIX:PPGN

Watchlist Manager
PolyPeptide Group AG Logo
PolyPeptide Group AG
SIX:PPGN
Watchlist
Price: 26.1 CHF 0.19% Market Closed
Market Cap: 864.7m CHF

PolyPeptide Group AG
Investor Relations

PolyPeptide Group AG is a contract development and manufacturing organization for clinical and approved commercial-stage peptide drug substances used in peptide-based therapeutics. The company is headquartered in Zug, Zug and currently employs 1,041 full-time employees. The company went IPO on 2021-04-29.

Show more
Loading
PPGN
Swiss Market Index
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2023
Call Date
Jul 13, 2023
AI Summary
Q2 2023

Core Growth: PolyPeptide's core business achieved strong underlying revenue growth in the first half, fully offsetting lost COVID-related sales.

Profitability Decline: Profitability dropped sharply, mainly due to one-off inventory write-offs and negative cost absorption linked to inventory optimization.

Operational Improvement: The operational improvement plan is about halfway complete, with visible progress but further work ahead to boost productivity.

Second Half Outlook: Management expects both revenue and EBITDA to be higher in the second half compared to the first, though a full-year net loss is anticipated.

Financing & CapEx: The company is in advanced talks for new financing to support working capital and increased CapEx, with no plans for an equity raise.

Customer Engagement: Customer relationships remain strong, pipeline projects have grown, and key partnerships, especially in metabolics (GLP-1), are advancing.

Key Financials
Project Pipeline
226 projects
Phase III Projects
31
First Half EBITDA
Loss of about EUR 20 million
Full Year Net Income
Net loss expected
Inventory Write-Off
About 5% to 10% of total inventory
Earnings Call Recording
Other Earnings Calls
2023

Management

Mr. Juan Jose Gonzalez
Chief Executive Officer
No Bio Available
Mr. Marc Augustin
Chief Financial Officer
No Bio Available
Mr. Jens Fricke
Director of Global Operations
No Bio Available
Rene Vestergaard
Director of Corporate Finance
No Bio Available
Mr. Olivier Ludemann-Hombourger
Director Global Innovation & Technology
No Bio Available
Ms. Christina Del Vecchio
General Counsel & Corporate Secretary
No Bio Available
Ms. Monika Casanova
Chief Human Resources Officer
No Bio Available
Christophe Chevalier
Head of Technical Department - Braine
No Bio Available
Krister Svard
Chief Information Security Officer & Global IT Services VC
No Bio Available
Rebecca Weil
Head of Internal Audit
No Bio Available

Contacts

Address
ZUG
Zug
Dammstrasse 19
Contacts
+41417232040.0
www.polypeptide.com