Reverse profit warning - BPC to grow significantly in Q1 2023
BPC Instruments AB ("BPC" or the "Company") expects to report a result for the first quarter of 2023 that is higher than current market expectations. The Company's preliminary figures for the first quarter show an approximately +50% percent increase in net sales compared to the corresponding quarter in the previous financial year. The increase is largely due to higher order intake. The Company has, in accordance with current regulations, decided to communicate indicative levels to the market, as the information is considered to deviate significantly from market expectations.
Sales in Q1 2023, compared with Q1 2022, are estimated to exceed 8 000 kSEK, which means an increase of more than 50 percent. The Company wishes to emphasize that all figures for the current period are preliminary due to the fact that the quarter has not yet ended.
BPC will publish the ordinary interim report for the first quarter of 2023 on May 4.
This information is such information that BPC Instruments AB is obliged to publish in accordance with the EU Market Abuse Regulation (MAR). The information was submitted, through the agency of the contact person below, for publication on 14th March 2023.
For more information regarding BPC Instruments, please contact:
BPC Instruments AB
Dr. Jing Liu, CEO
Tel: +46 (0) 46 16 39 51
E-mail: [email protected]
About BPC Instruments AB
BPC Instruments is a global Swedish-based pioneering technology company developing and offering analytical instruments enabling more efficient, reliable, and higher quality of research and analysis for industries in renewable bioenergy and environmental biotechnology. The result is not only higher accuracy and precision, but also significant reduction in time consumption and labour requirement for performing analysis. BPC Instruments’ innovative products offer high-quality hardware and software based on deep knowledge and experience of target applications. The solutions are the first of their kind, making the company a pioneer in its field. Today, BPC Instruments exports to 60+ countries around the world. BPC is listed on Spotlight Stock Market in Sweden. For more information, please visit BPC’s webpage: www.bpcinstruments.com