The German mRNA company BioNTech, owner and legal manufacturer of what is more commonly known as the “Pfizer” COVID-19 vaccine, has fallen on hard times. Well, not so hard, given that BioNTech cleared nearly €30 billion in profits on sales of the product during 2021 and 2022 and still has a reported €18 billion in cash or cash equivalents on hand.
But, in any case, with no other product authorised for use and the market for COVID-19 vaccines, needless to say, having crashed, BioNTech has gone back to losing money. This was all it ever did in fact from the time of its founding in 2008 until 2021, and, as reported in a recent article in the German daily Der Tagesspiegel, the firm booked €300 million in losses in the first quarter of 2024 on €187.6 million in sales.
But apparently the firm is confident that good times – for it, at any rate – are just around the corner, since, according to its projections, it will achieve total sales roughly 15 times greater than that for 2024 as a whole: namely, between €2.5 and €3.1 billion. Thus, BioNTech Chief Financial Officer Jens Holstein notes: “We expect to achieve around 90% of our total annual sales in the final months of 2024, primarily in the fourth quarter of 2024.”
Even Der Tagesspiegel finds these projections surprising – or “ambitious”, as the paper puts it. Thus, it notes:
In 2023, [BioNTech’s] fourth quarter sales did not even account for 40% of total sales, and in 2022 it was even less at barely 25%. Even the entire second half of 2023 accounted altogether for just 62.2% of total sales. In each of the last two years, BioNTech achieved a third of total sales already in the first quarter.
Let’s take BioNTech’s projected 2024 total sales of from €2.5 to €3.1 billion and split the difference, assuming that total sales will come in at €2.8 billion for the year. 90% of €2.8 billion is €2.52 billion.
This is 13 times greater than the first quarter figure. But given what is now widely accepted as the flu-like seasonality of Covid infections, the first quarter should be just as much a “good” quarter for Covid products as the fourth quarter – and this is borne out in the aforementioned figures from Der Tagesspiegel.
Moreover, the €2.5 billion in projected fourth quarter sales is not far off the astronomical quarterly sums that BioNTech was pulling in during the high Covid period. In the second quarter of 2022, for instance, BioNTech had €3.2 billion in sales. In the fourth quarter of 2022, it had €4.3 billion.
Why is the firm expecting to make so much money in the autumn? Does BioNTech know something that we don’t?
Robert Kogon is the pen name of a widely-published journalist covering European affairs. Subscribe to his Substack.
To join in with the discussion please make a donation to The Daily Sceptic.
Profanity and abuse will be removed and may lead to a permanent ban.
well for those who were awake and saw the Gates etc dry run of the Covid plandemic, this time they are not even bothering to hide. Oct 2-4th this year in the US the International Bird flu summit is being held, folks you all must recall seeing all the drip drip re Bird flu in the MSM, flocks being wiped out in Australia and the USA, Australia as usual in the forefront of any tyranny. I invite you to look at the website birdflu summit. com. among other things the panel will be discussing are
remind you of anything? surveillance and management data. Tony Blair is once again banging on about digital i.d
Delivery of Vaccines, is this what the German company are predicting their profits on?
command, control and management???
School based planning, they going to shut those down again.
They learned from Covid, they are already planning to repeat, probably next year or maybe in November just in time for that election.
Are we all going to bow our heads, wear our masks and turn against each other again at their demand so that the same heads can take power, and the same Pharma parasites can kill more of us for more gain? Or are we going to stand together and deny them their empire of slaves.
It would help people greatly if they could just keep away from the source of the poison. A simple detox of the old Kool-Aid works wonders;
https://x.com/DBantree/status/1812872702811685291/photo/1
I posted all this a couple of weeks ago but Thanks for reposting.
Spot on.
They learned from Covid, they are already planning to repeat, probably next year or maybe in November just in time for that election.
The Sheeple will obey. Rona was in large part an effort to steal the election with a 40 mn vote fraud from Drumpf. If the Deep State can’t kill him, they will need to do it again.
Redacted News actually phoned the event up, the girl in the reception couldn’t answer anything from the curious (not many curious journalists left) journalist and eventually hung up the phone. Just simple questions like, how long as Bird Flu been around and how many people has it killed.
Saw that. Quite good.
And here is the website.
As is usual with the Davos Deviants they have to advertise what is coming next. Just like Event 201.
https://birdflusummit.com/
Just in time for the US Elections …. well well. Is it going to be ANOTHER conspiracy theory that turns out to be true?
Also let’s face it, those vaccines aren’t earning their keep sat on shelves. Mr BG wants (demands) a ROI.
As I posted yesterday, the next attempt to stop Trump’s enrollment will be Scamdemic ll just before the election, a financial crash or a major military escalation somewhere any one of which will require the imposition of martial law etc etc etc.
. As in our conversation yesterday, it’s not just about Trump, it’s about the whole financial system and the commodifying of nature itself.
Precisely.
I do think they’re testing the water. Moneypox didn’t get off to a flying start, even the Sheeple were taking the piss out of that one.
Off-T
This will spoil your afternoon tea.
Soon to be back on the streets and claiming benefits courtesy of Kneel. Of course he should be facing export but…
https://x.com/Tony40335450/status/1812930886561898794
Why the ‘eck isn’t he physically removed from the country? This makes me angry!
They are probably gambling with the Autumn market. After all, into Autumn other “vaccines” go on sale, typically against ‘flu. The local pharmacy inside my usual supermarket pushes those every year.
“But, in any case, with no other product authorised for use”
According to the author, they only sell “covid vaccines”
I wonder WHO could have told them to expect “vaccine” demand in the autumn.
Perhaps a little bird told them