Ambu A/S Q4 2023 Earnings Call Transcript - Thomson StreetEvents

Ambu A/S Q4 2023 Earnings Call Transcript

Ambu A/S Q4 2023 Earnings Call Transcript - Thomson StreetEvents
Ambu A/S Q4 2023 Earnings Call Transcript
Published Nov 08, 2023
15 pages (11467 words) — Published Nov 08, 2023
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of AMBUb.CO earnings conference call or presentation 8-Nov-23 10:00am GMT

  
Brief Excerpt:

...Good morning, everyone, and a warm welcome to this morning's call where we are going to announce our full year '22, '23 financial and business results for Ambu. My name is Britt Meelby Jensen. I'm the CEO of Ambu. And with me today, I have our CFO, Thomas Frederik Schmidt. The agenda for this morning's call is that I'll go through a business update. First, I'll hand over to Thomas for a financial update, and then I'll come back and share our outlook for '23/'24. And then after that, we'll open up the floor for questions. So starting with our highlights. Overall, we had a very strong year in '22, '23 with a lot of progress on many fronts. Highlighting the 3 main financial results, starting with the organic revenue growth, where we had, for the full year, 7.6% organic revenue growth and for the fourth quarter, an organic revenue growth of 14.1%. If we compare with what we delivered last year, this is almost a doubling of our organic revenue growth compared to the 4% last year. Then moving...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Ambu A/S
Ticker
AMBUb.CO
Time
10:00am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Yiwei Zhou - SEB, Research Division - Analyst : It's Wei from SEB. I have 3 left. I will do one at a time. Firstly, could you maybe give us a softer guidance for Q1, especially on the Endoscopy growth as you did from last year?

Question: Yiwei Zhou - SEB, Research Division - Analyst : Okay. Fair enough. And secondly, on the margin guidance. Last year, you had this ramp-up costs for Mexico plan. And for the 2023 -- '23, '24, could you maybe comment on if we still expect the same amount of ramp-up costs?

Question: Yiwei Zhou - SEB, Research Division - Analyst : But can you say if it will be at the same level or lower than the '22, '23 level? Because I can see the amount from your notes, financial notes.

Question: Yiwei Zhou - SEB, Research Division - Analyst : Okay. And lastly, you mentioned the aScope 5 strong momentum. But could you maybe comment on if it has kind of cannibalized your aScope 4 sales? Because as I understand, it is also now penetrating well in the ICU and ORs.

Question: Yiwei Zhou - SEB, Research Division - Analyst : Okay. Maybe just one follow-up here. So when you're looking at aScope 4 sales, I guess that's the product where you have faced most of competition. Can you confirm it has now returned to a positive growth?

Table Of Contents

Ambu A/S at JPMorgan Healthcare Conference Transcript – 2025-01-15 – US$ 54.00 – Edited Transcript of AMBUb.CO presentation 15-Jan-25 4:15pm GMT

Ambu A/S Annual Shareholders Meeting Transcript – 2024-12-04 – US$ 54.00 – Edited Transcript of AMBUb.CO shareholder or annual meeting 4-Dec-24 12:00pm GMT

Ambu A/S Q4 2024 Earnings Call Transcript – 2024-11-05 – US$ 54.00 – Edited Transcript of AMBUb.CO earnings conference call or presentation 5-Nov-24 9:00am GMT

Ambu A/S Q3 2024 Earnings Call Transcript – 2024-08-30 – US$ 54.00 – Edited Transcript of AMBUb.CO earnings conference call or presentation 30-Aug-24 9:00am GMT

Ambu A/S Q2 2024 Earnings Call Transcript – 2024-05-14 – US$ 54.00 – Edited Transcript of AMBUb.CO earnings conference call or presentation 14-May-24 9:00am GMT

Ambu A/S Q3 2023 Earnings Call Transcript – 2023-08-31 – US$ 54.00 – Edited Transcript of AMBUb.CO earnings conference call or presentation 31-Aug-23 7:00am GMT

Ambu A/S Q2 2023 Earnings Call Transcript – 2023-05-03 – US$ 54.00 – Edited Transcript of AMBUb.CO earnings conference call or presentation 3-May-23 7:00am GMT

Ambu A/S Corporate Analyst Meeting Transcript – 2023-03-21 – US$ 54.00 – Edited Transcript of AMBUb.CO corporate analyst meeting</ 21-Mar-23 9:00am GMT

Ambu A/S Q1 2023 Earnings Call Transcript – 2023-02-07 – US$ 54.00 – Edited Transcript of AMBUb.CO earnings conference call or presentation 7-Feb-23 8:00am GMT

Ambu A/S at JPMorgan Healthcare Conference Transcript – 2023-01-11 – US$ 54.00 – Edited Transcript of AMBUb.CO presentation 11-Jan-23 1:15am GMT

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MLA:
Thomson StreetEvents. "Ambu A/S Q4 2023 Earnings Call Transcript" Nov 08, 2023. Alacra Store. May 25, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2023-Ambu-A-S-Earnings-Call-T15797027>
  
APA:
Thomson StreetEvents. (2023). Ambu A/S Q4 2023 Earnings Call Transcript Nov 08, 2023. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2023-Ambu-A-S-Earnings-Call-T15797027>
  
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