BICO Group AB Class B ( (CLLKF) ) has released its Q2 earnings. Here is a breakdown of the information BICO Group AB Class B presented to its investors.
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BICO Group AB, a prominent player in the life sciences sector, specializes in lab automation and life science solutions, offering advanced instrumentation and consumables for various scientific applications. In its latest earnings report for Q2 2025, BICO Group AB reported a significant decline in net sales by 23.4% compared to the same period last year, with net sales amounting to SEK 324.2 million. The company faced macroeconomic challenges, including NIH funding cuts and tariff issues, which impacted demand and delayed capital expenditures. Key financial metrics showed a decrease in gross margin to 43.9% and a negative adjusted EBITDA of SEK -48.8 million. Despite these challenges, BICO made strategic moves, such as divesting MatTek and Visikol to Sartorius for USD 80 million, aiming to strengthen its balance sheet and focus on lab automation. The company is implementing leadership and process changes to scale its Biosero business, addressing project delays and enhancing operational capabilities. Looking ahead, BICO remains committed to its transformation strategy, BICO 2.0, focusing on operational excellence and commercial synergies to navigate current challenges and capitalize on long-term growth trends in the life science sector.