Investor Relations

Stay informed with the latest updates, reports, and financial insights from Boule.

About Boule

Improving health for everyone, everywhere

Boule develops, manufactures and commercializes diagnostic instruments and consumables for healthcare providers worldwide. Boule operates via subsidiaries in Sweden, the USA, Mexico and Russia.

The company products are sold globally primarily through more than 200 distributors and partners in more than 100 countries, supported by Boule’s own local sales and support personnel.

The Boule shares are listed on Nasdaq Stockholm since 2011.

Key Figures

Highlights from Our Latest Results

558 MSEK

Net Sales

64 MSEK

Operating Profit

45 %

Gross Margin

47 MSEK

Operating Cash Flow

Financial Targets

Strategic Focus Areas

  • Long term growth in sales above 10 percent per year
  • Operating margin (EBIT-margin) above 15 percent
  • Net debt (interest bearing debts minus cash and cash equivalents) no greater than three times operating profit (EBIT) on an annualized basis
  • The annual dividend should correspond to 25-50 percent of profit for the period, after due consideration of company liquidity
Financial Overview

Key Figures Over Time

Boule group (31 Dec)
2024
2023
2022
2021
2020
Net sales, SEK million
559
571.3
548.1
463
400
Sales growth, average five year,%
-2
4
18
3.2
3.9
Gross margin %
45
43.7
41.6
45.3
44.2
EBITDA margin, %
?
11.2
10.2
12.4
13.9
Operating profit/loss, SEK million
-257.4
39.3
5.3
7.8
-1.5
Operating margin (EBIT), %
-46.1
6.9
5.3
7.8
-1.5
Net profit/loss, SEK million
-223.3
25.0
12.7
23.3
-48
Earnings per share, SEK *
-5.75
0.64
0.46
1.20
-2.47
Shareholders’ equity, SEK million
269.6
475
462
296
269
Equity/assets ratio, %
45.7
63
61
52
56
Average number of employees during the year
216
228
235
219
219
*The earnings per share key ratios for the comparative periods have been recalculated to adjust for the stock split in June 2018.
Strategic Investment

Boule Diagnostics resolves on a fully secured preferential rights issue of approximately SEK 150 million.

Contact Us

If you have any questions regarding Boule´s business or investor relations, do not hesitate to contact Holger Lembrér, CFO or use the below form.

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