Q1 2023 presentation

Webcast

9 May 2023

2 Webcast 9 May 2023

Q1 2023 presentation

Today's agenda

  • Highlights
  • Performance
    1. Market trends
    1. Product trends
    1. Financials
  • Strategy update
    1. Overall progress
    1. Tablet deep dive
  • 2023 outlook
  • Q&A session

President & CEO

EVP, Group CFO

VP, Head of IR

Carsten Hellmann

Søren Jelert

Per Plotnikof

This presentation contains forward-looking statements, including forecasts of future revenue and operating profit, as well as expected business-related events. Such statements are subject to risks and uncertainties, as various factors, some of which are beyond ALK's control, may cause actual results and performance to differ materially from the forecasts made in this presentation. The coronavirus pandemic, and the extent and duration of countermeasures against the virus, represent additional uncertainties that may also affect forward-lookingstatements.

3 Webcast 9 May 2023

Overall results largely as expected

2023 full-year outlook unchanged

  • Tablet revenue DKK ~35 million lower than expected
  • o Mainly related to slightly fewer new patient initiations in Germany and the Nordics o As expected in North America and International markets

    o Japan: Phasing of shipments; in-market sales growing in double digits

  • SCIT and SLIT-drops sales exceeded expectations
  • Operating profit up, despite significant growth investments

Revenue

+7%

EBIT

+6%*

DKKm

DKKm

250

1,250

200

1,000

750

150

500

100

250

50

0

0

Q1-22

Q2-22

Q3-22

Q4-22

Q1-23

Q1-22

Q2-22

Q3-22

Q4-22

Q1-23

Revenue growth rates are in local currencies

* Reported currency

4 Webcast 9 May 2023

Growth in all sales regions

Europe

Share of Q1 revenue

68%

837m

North America

Share of Q1 revenue

17%

226m

209m

International markets

Share of Q1 revenue

15%

111m

188m

791m

+7%

186m

+9%

178m

+8%

Q1-23Q1-22

Q1-23Q1-22

857m

683m

Q1-23Q1-22

Sales in all regions expressed in DKK - Growth rates are in local currencies

5 Webcast 9 May 2023

Sales growth led by SCIT and Jext®

European SCIT sales rebounded, driven by venom products

Tablets

Share of Q1 revenue

47%

581m

+1%

583m

Q1-23

Q1-22

SCIT/SLIT-drops

Other products

Share of Q1 revenue

Share of Q1 revenue

12%

41%

483m

510m

143m

449m

+13%

123m

+14%

Q1-23Q1-22

Q1-23Q1-22

1,655m

+27%

Sales in all regions expressed in DKK - Growth rates are in local currencies

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Disclaimer

ALK-Abelló A/S published this content on 09 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2023 11:27:05 UTC.