Copenhagen, 2017-05-09 07:45 CEST (GLOBE NEWSWIRE) --
Performance for the period (unaudited)
(Comparative figures for 2016 are shown in brackets. Revenue growth is measured in local currencies)
2016 comparative figures are affected by last year's market disruptions which boosted ALK's sales and earnings in Europe significantly, particularly in the first half-year. To provide a meaningful benchmark, comparisons to pre-disruption figures from 2015 have also been included in the report wherever relevant.
ALK's Q1 performance was in line with expectations and on course to meet the full-year guidance for 2017. Despite the negative impact of lower SCIT sales and a gradual market normalisation in Europe, revenue came close to Q1 2016 when adjusted for a one-off milestone payment. Revenue was significantly higher than before the market disruptions and ALK, to a large extent, retained its market share gains and remained the market leader.
2017 financial guidance
Full-year guidance is unchanged from the 2016 annual report, which was released on 7 February 2017:
Hørsholm, 9 May 2017
For further information, contact:
Investor Relations: Per Plotnikof, tel. +45 4574 7527, mobile +45 2261 2525
Media: Jeppe Ilkjær, tel. +45 7877 4532, mobile +45 3050 2014
Today, ALK is hosting a conference call for analysts and investors at 1.30 p.m. (CEST) at which Management will review the financial results and the outlook. The conference call will be audio cast on http://ir.alk.net/. Participants in the audio cast are kindly requested to call in before 1.25 a.m. (CEST). Danish participants should call in on tel. +45 7022 3500 and international participants should call in on tel. +44 (0) 20 7572 1187 or +1 646 722 4972. Please use the Participant Pin Code: 24197655#. The conference call will also be webcast live on our website, where the related presentation will be made available shortly before the call begins.