Instruments and reagents for blood analysis

Boule Diagnostics

Boule Diagnostics is a Swedish diagnostics company that develops, manufactures and markets instruments and consumable products for blood diagnostics, specializing in blood cell counting (CBC) systems, in both human and veterinary hematology. Boule Diagnostics is a global company with approximately 170 employees located in Sweden, USA and Mexico and with a market presence via distributors in addition to its own sales and marketing organisation in more than 100 countries.

Financials

BOULE DIAGNOSTICS

SEKm 2017 2018 2019
Sales 428 448 487
Sales growth (%) 7,8 4,7 8,7
EBITDA 65 86 91
EBITDA margin (%) 15,3 19,1 18,7
EBIT adj 54 77 81
EBIT adj margin (%) 12,7 17,2 16,5
Pretax profit 53 77 79
EPS rep 1,94 3,05 3,19
EPS growth (%) 1,5 57,2 4,5
EPS adj 1,94 3,05 3,19
DPS 0,5 1 1
EV/EBITDA (x) 17,7 20,3 18,9
EV/EBIT adj (x) 21,3 22,7 21,4
P/E (x) 33,7 31,6 30,3
P/E adj (x) 33,7 31,6 30,3
EV/sales (x) 2,7 3,9 3,5
FCF yield (%) 3,5 -0,2 2,1
Dividend yield (%) 0,8 1 1
Net IB debt/EBITDA -1,7 -1,5 -1,7