Bavarian Nordic A S (BVNKF) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome everyone to this Q1 update from Bavaria Nordic on a lovely green day. My name is Rolf Sandsen from Investor Relations and today in this conference call we also have Paul Chapin our CEO and Henrik Juul CFO to give the presentation and comments to all the questions you may have to the session we have as usual afterwards. As you may recall, last time we had some issues for some analyst investors having difficulties getting through with questions. If you realize difficulties getting through, please give me a call or send me a text so I can manage to get your questions to management if it's not possible to get through. But before we start this presentation, please note that this announcement includes forward-looking statements that involve risks, uncertainties and other factors, many of which are outside our control, but would cause actual results to differ materially from results discussed. Forward-looking statements include statements concerning our plans, objectives, goals, future events, performance and other information that is not historical information. We undertake no obligation to publicly update or revise forward looking statements to reflect subsequent events or circumstances after the date made, except as required by law. So with this, I will hand it over to you, Paul, to start the Q1 presentation. Thanks, Rolf, and welcome everyone to our Q1 earnings. If you turn to slide three, we've obviously had a tremendously strong start to the year. I'll let Henrik talk about the numbers in a few slides time. But basically, we recorded almost 1.4 billion kroner in revenue, representing a 62% growth compared to this time last year. And we've established an EBITDA margin of 31%. So as I said, extremely strong start to the year. And that's due to all parts of the b...