Embla Medical hf (OTCPK:OSSFF)
$ 5.1 0 (0%) Market Cap: 2.11 Bil Enterprise Value: 2.57 Bil PE Ratio: 31.48 PB Ratio: 2.87 GF Score: 79/100

Q1 2021 Ossur hf Earnings Call Transcript

Apr 27, 2021 / 07:00AM GMT
Release Date Price: $7.05
Operator

Ladies and gentlemen, welcome to the Ãssur Q1 Results 2021. Today, I'm pleased to present Mr. Jón Sigurdsson, President and CEO; and Mr. Sveinn Sölvason, CFO. (Operator Instructions) Please go ahead with the meeting.

Jón Sigurdsson;ssur hf.;CEO;President
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Yes. Thank you. I would like to welcome you to the Ãssur Investor Conference Call where we will cover the results for the first quarter of 2021. My name is Jón Sigurdsson, and I'm the President and CEO. And with me here today is Sveinn Sölvason, our CFO. We will begin by going through the highlights for the quarter and ending with our guidelines for 2021, a question-and-answer session will then follow.

Next slide, please. Sales in the first quarter of 2021 amounted to $161 million, which corresponds to 2% organic growth. We saw continued impact of COVID-19 in the quarter with a soft January and February, with strong sales in March and continuing into April. The impact from COVID-19 varies by geography with strong growth in APAC, while sales

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