Ossur hf. - Second Quarter Report 2009
(Thomson Reuters ONE) - Second Quarter 2009 Financial Highlights * Sales USD 81.3 million, down by 3% measured in LCY, or 12% in USD * EBITDA USD 17.0 million, down by 11% * EBITDA margin 21%, same as in Q2 2008 * Net profit USD 3.5 million, compared to USD 3.9 million in Q2 2008 * EPS diluted 0.83 US cents, compared to 0.93 US cents in Q2 2008 * Cash EPS diluted 3.2 US cents, compared to 2.4 in Q2 2008First Half 2009 Financial Highlights * Sales USD 158.5 million, down by 3% measured in LCY, or 12% in USD * EBITDA USD 29.8 million, down by 29% * EBITDA margin 19%, compared to 23% in H1 2008 * Net profit USD 11.1 million, compared to USD 10.6 million in H1 2008 * EPS diluted 6.84 US cents, up by 45% * Cash EPS diluted 11.92 US cents, up by 21%Jon Sigurdsson, President & CEO, comments:"Slowdown of the economy in the Company's major markets has affectedsales, as customers are cautious due to the uncertainty.Discontinuation of third party agreements in EMEA has a temporarynegative effect on sales but not on profitability. Strong leadershipand clear strategy in sales and marketing in the US give comforttowards positive developments. A new version of the bionic knee Rheoas well as the acceptance of the Proprio foot into the USreimbursement channel are important milestones for the future of thebionic platform.The press release including tables, the Investor Presentation Q2 2009and the Financial Statement Q2 2009 can be downloaded from thefollowing links:http://hugin.info/133773/R/1331122/314851.pdfhttp://hugin.info/133773/R/1331122/314852.pdfhttp://hugin.info/133773/R/1331122/314853.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 28.07.2009 - 06:15 Uhr
Sprache: Deutsch
News-ID 4017
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