Sobi Earnings: Maintaining Our SEK 343 Fair Value Estimate as Key Hemophilia Launch Approaches
We’re maintaining our SEK 343 fair value estimate for Swedish Orphan Biovitrum following solid second-quarter results (12% revenue growth, 28% adjusted EBITA margin) that put the firm on track to meet its new higher guidance of double-digit revenue growth and maintained guidance of mid-30s adjusted EBITA margin for the full year.