Bavarian Nordic maintains 2022 guidance

The biotech company reveals it is maintaining its full-year guidance in a statement connected to the release of its quarterly report. (Updated)

Photo: Philip Davali/Ekstra Bladet, Philip Davali

On Monday, Bavarian Nordic released its accounts for the first three months of 2022, and took the opportunity to state it is maintaining its full-year guidance.

The company therefore still expects a revenue in the range of DKK 1.1-1.4bn (USD 160-200m), and a negative EBITDA (earnings before interest, taxes, depreciation and amortizations) result between DKK 1-1.3bn (USD 140-180m). Bavarian Nordic expects its cash position and liquidity to total DKK 1bn-1.2bn (USD 140-170m) at the end of the year.

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