XVIVO Perfusion AB Reports Strong 2024 Growth

Xvivo Perfusion AB ( (XVIPF) ) has released its Q4 earnings. Here is a breakdown of the information Xvivo Perfusion AB presented to its investors.

XVIVO Perfusion AB is a Swedish MedTech company specializing in organ preservation and transplantation technologies, primarily serving the healthcare sector with a focus on extending the viability of major organs for transplant surgery.

In its year-end report for 2024, XVIVO Perfusion AB reported significant growth, highlighted by a 38% increase in net sales compared to the previous year, reaching SEK 822.4 million. The company achieved notable advancements in clinical trials and product innovations, contributing to its strong market position.

During the fourth quarter, net sales rose by 46%, with the Thoracic and Abdominal business areas experiencing substantial organic growth. The company’s adjusted EBITDA margin improved to 23%, demonstrating enhanced operational efficiency. Significant investments were made in R&D and production facilities, including the acquisition of FlowHawk, a communication platform for the transplant process.

Looking forward, XVIVO Perfusion AB plans to focus on expanding its market presence in North America and Europe, with a keen emphasis on launching its heart technology in Europe and growing its EVLP business in North America. Continued investments in the company’s commercial and clinical organization are anticipated to support future growth.

Overall, XVIVO Perfusion AB is poised for further development and innovation in the field of organ transplantation, driven by its commitment to improving patient outcomes and meeting the global demand for organ transplants.