Biotage AB 2023 AR2

The report highlights Biotage's strategic transition into a high-growth life science solutions player in 2023, notably through the acquisition of Astrea Bioseparations. The company achieved net sales of SEK 1,862 million, representing 18.9% growth, with recurring revenues accounting for 67% of total sales. On the sustainability front, Biotage conducted a double materiality analysis aligned with the European Sustainability Reporting Standards (ESRS) and implemented a software platform to establish a greenhouse gas emissions baseline. Additionally, the company successfully reduced workplace accidents by 41% and incidents by 66% at its Cardiff site, while transitioning key facilities in Uppsala, Cardiff, and Cambridge to 100% certified renewable electricity.

Company: Biotage AB

Sector: Health Care

Country: Sweden

Year: 2023

Type: AR2

Pages: 119

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Biotage AB

Biotage AB 2023 Annual Report

Annual Report

The report highlights Biotage's strategic transition into a high-growth life science solutions player in 2023, notably through the acquisition of Astrea Bioseparations. The company achieved net sales of SEK 1,862 million, representing 18.9% growth, with recurring revenues accounting for 67% of total sales. On the sustainability front, Biotage conducted a double materiality analysis aligned with the European Sustainability Reporting Standards (ESRS) and implemented a software platform to establish a greenhouse gas emissions baseline. Additionally, the company successfully reduced workplace accidents by 41% and incidents by 66% at its Cardiff site, while transitioning key facilities in Uppsala, Cardiff, and Cambridge to 100% certified renewable electricity.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Women in Management

Employees