Biolin Scientific Annual Report 2009

PRESS RELEASE

 

Gothenburg, Sweden, March 22, 2010

Biolin Scientific’s Annual Report for 2009 has been published

 

Biolin Scientific has published its annual report for 2009 on March 22, 2010. The annual report is available on Biolin Scientific’s web site, www.biolinscientific.com.

 

Biolin Scientific has published its annual report for 2009 on March 22, 2010. The annual report is available on Biolin Scientific’s web site, www.biolinscientific.com. The annual report is published only in the Swedish language. The annual report is available in electronic form on Biolin Sciewntific’s web site, and will be sent out in printed form to shareholders and other stakeholders only upon request. Download the full Annual Report 2009.

 

Year 2009 in Summary

- Net sales increased 25 % to SKr 136.7 (109.0) million

- Gross margin was stable at 77 %

- EBITDA improved with SKr 13.5 million to SKr 16.9 (3.4) million

- Stable market conditions during the year

- Sales growth in all major geographical markets

- Sales of Q-Sense products increased 42 %

- Introduction of new product brand Attension

- Osstell sales increased 40 % following the introduction of new product version Osstell ISQ

- Production activities concentrated to Helsinki, Finland

- Consolidation the international sales organization

- Sales offices for Scientific Instruments established in the UK and in China

- Osstell established sales organization in the US

- Name change to Biolin Scientific decided on the Annual General Meeting in May, 2009

- Rights issue worth SKr 24 million in December, 2009 was 89 % over-subscribed

- Stable outlooks for 2010

For further information, please contact Fredrik Lindgren, CEO of BiolinScientific.
 

 

CONTACT  
Fredrik Lindgren
CEO of BiolinScientific AB (publ)
+46 705-61 61 77
fredrik.lindgren@biolinscientific.com


PRODUCTS
www.q-sense.com
www.ksvltd.com
www.nima.co.uk
www.attension.com
www.osstell.com  

COMPANY INFORMATION
BiolinScientific AB (publ)
Hängpilsgatan 7
SE-426 77 Västra Frölunda
Sweden
Telephone: +46 31 769 7690
Fax: +46 31 69 80 40
E-mail: info@biolinscientific.com
Company number: 556249-4293
Web: www.biolinscientific.com

THE SHARE
Nasdaq OMX Small Cap in Sweden
Stock ticker: BLIN

                                                                    

BIOLINSCIENTIFIC IN BRIEF

BiolinScientific is an analytical instruments provider focused on the nano-scale study of interfaces within materials research and bioscience. Our customers are scientists and researchers in academic research, research institutes and the industrial sector