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Qiagen NV Message Board

  • liambert liambert Aug 7, 2007 11:45 AM Flag

    2Q presentation

    Just looked at the 2Q presentation. I haven't listened to the call yet. Here are the items that caught my eye...

    1: Asia is now 11% of revenues, but grew 54% Year-over-year. There is huge growth in asia for QGEN going forward. They are very well positioned in China.

    2: 19% revenue growth Y-O-Y across all regions, 30% in net income growth, 23% growth in EPS.

    3: 550 Million in current assets and 1.2 billion in debt for the combined company. Fair amount of debt on books but it looks like net debt is around 700 M.

    4: 518 M-535 M old guidence for revenue in 2H07, New guidence for combined company is 614 - 635 M. Not sure if that excludes/includes month of July for Digene.

    5: 2,017 employees at end of Q2 including 362 in asia (216 in sales in asia). Now company has over 2,600 employees post merger.

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    • Good analysis. If you like at analyst forecasts for the HPV market, worldwide, they expect QGEN to grow from $350million in molecular diagnostic sales to $1 billion by 2012. That is huge growth. Jump on board now because the ride has started.

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