Camurus AB

Welcome to Camuro's Q3 report 2024. During the questions and answer session, participants are able to ask questions by dialing pound key five on the telephone keypad. Now we'll hand the conference over to CEO Fredrik Thibard. Please go ahead.

Thank you so much and hello everyone. Welcome to our Q3 2024 earnings call today. Before starting, please note our forward-looking statements. The agenda for today is like previous quarters, a short summary of third quarterly business highlights, followed by a review of our financial performance, and then we will go into commercial and R&D updates and finish off with the Q&A.

I'm joined by our CFO, John Garay, and and the chief commercial officer, Richard . So for those of you who have seen our report today, we have a solid third quarter. with strong profitability and operating performance are 38% 41% constant exchange rate year on year exchange rate during one time revenue in to a total of 480 million. Profit before tax increases by to 165 million in Q3. Our best result so far. Again, excluding the one-time milestone. Based on the performance and Results to date, we have raised our outlook for the full year 2024. Particularly as regards to profit performance, and our cash position at the end of the quarter increased to 2.75 billion SEK. Again, we know that in the company. We continue to be focusing on commercial execution, with boomerang sales growing nicely by 22% year-on-year to 428, 421 million. in the quarter. In the U.S., the net sales increased by 39% year-on-year, or quarter-on-quarter, I should say.