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Bavarian-CEO: We have the financial position for spending more capital

The prospect of lower revenue but unchanged R&D costs means that Bavarian Nordic will need to spend money from the company's capital stock in 2018. However, due to the company's cash preparedness, it should not cause worry, says the CEO.

The stock market handles Bavarian Nordic roughly after the company presented its annual report this week.

Monday, the share price fell by 10 percent after Bavarian Nordic presented its guidance for 2018. The management budgets for an EBIT of DKK -385 million (USD -63.58 million) and a revenue reduced by more than 50 percent of last year's DKK 1.37 billion.

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