Sales up but earnings down at SOBI in quarterly and full-year financials

19 February 2015

Nordic biotech firm Swedish Orphan Biovitrum (SOBI: SS) has reported its fourth quarter and full-year 2014 financial results showing a loss.

On a quarterly basis, sales stood at 705.3 million Swedish kronor ($84 million), up 15.5% from 610.8 million kronor in the fourth quarter last year.

Total annual revenues were 2.61 billion kronor, an increase of 19.7% from 2.18 billion kronor in 2013.

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