9M 2023 Financial Overview slide image

9M 2023 Financial Overview

9M 2023: Financial update Adjusted EPS growth in line with underlying performance Net profit & EPS DKKm EBIT 9M 2023 9M 2022 Change 2,964 2,449 21% EBIT margin 19.8% 18.1% +1.7pp Net financials, expenses 146 392 (63%) Profit before tax 2,818 2,057 37% Income tax 662 452 46% Effective tax rate (%) 23.5% 22.0% +1.5pp • Net profit for the period 2,156 1,605 34% EPS (DKK) 2.17 1.62 34% Adj. net profit Adj. EPS (DKK) 13 3,620 2,847 27% 3.65 2.87 27% 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
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