Genmab — August 2018
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Financial Performance First Half of 2018
Revenue was DKK 1,191 million in the first half of 2018 compared to DKK 1,024 million in the first half of 2017. The increase of DKK 167 million, or 16%, was mainly driven by the payment from Novartis of USD 50 million and higher DARZALEX royalties, partly offset by a decrease in DARZALEX milestones.
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Operating expenses were DKK 732 million in the first half of 2018 compared to DKK 442 million in the first half of 2017. The increase of DKK 290 million, or 66%, was driven by the advancement of tisotumab vedotin, additional investments in our product pipeline, and the increase in employees to support expansion of our product pipeline.
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Operating income was DKK 459 million in the first half of 2018 compared to DKK 582 million in the first half of 2017. The decrease of DKK 123 million, or 21%, was driven by increased operating expenses, which was partly offset by higher revenue.
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Genmab is maintaining its 2018 financial guidance published on February 21, 2018.
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Tjah...
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Im sorry EL i forgot im only allowed to come with postive statements. I will rephrase: The financial statement looks fantastic just as
everyone has expected. im sure all the shorters will close their positions now and the stock price will rise to 1300 in the following week on this great news. Forget how the market has reacted to all the other danish c25 companies financial statements and the current market sentiments. -
Det ville have været meget overraskende havde vi fået en opjustering idag. Regnskabet var som forventet, videre i teksten. Jvf seneste tids kursudvikling, har der ikke været forventninger til regnskab, så hvis vi skal ned i morgen er det pga storinvestors fortsatte udsalg, ikke pga regnskabet
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