Swedish Orphan Biovitrum AB
SOBI: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|w$ | LOCK|>d> | LOCK|@CQ?jGM |
Sobi Earnings: Robust Performance From Strategic Portfolio Drives Growth
Swedish Orphan Biovitrum reported strong year-end results, highlighted by annual revenue increasing nearly 18% to SEK 26 billion. Royalties on RSV prophylactic, Beyfortus, from partner Sanofi continued to be a strong growth driver, delivering SEK 3 billion in revenue. We've adjusted our forecasts and raised our fair value estimate to SEK 357 per share from SEK 343 due to strong performance from Sobi's strategic portfolio, which delivered 84% revenue growth over 2023.
