9M 2023 Financial Performance
9M 2023: Financial update
Adjusted EPS growth in line with
underlying performance
Net profit & EPS
DKKm
EBIT
9M 2023
9M 2022
Change
2,964
EBIT margin
19.8%
2,449
18.1%
21%
+1.7pp
Net financials, expenses
146
392
(63%)
Profit before tax
2,818
2,057
Income tax
662
452
46%
Effective tax rate (%)
23.5%
22.0%
+1.5pp
•
Net profit for the period
2,156
1,605
34%
37%
Comments
•
EBIT growth reflects high revenue and strong
operating leverage
Net financials, expenses driven by CVR fair
value adjustment of the Vyepti European
approval in Q1 2022
Effective tax rate of 23.5% due to reduced
deduction benefit from Danish R&D incentive
Adjusted EPS growth aligns with underlying
performance, after adjustments
EPS (DKK)
2.17
1.62
34%
Adj. net profit
Adj. EPS (DKK)
13
3,620
2,847
27%
3.65
2.87
27%View entire presentation