Year-End Report January-December 2006

• Net sales increased 15% to MSEK 199.8 (173.6).

• Restructuring, delayed internationalization and delayed product launches affected the result negatively.

• Operating profit declines MSEK 82.0 (6.9) due to substantial impairment charges related to goodwill and intangible assets, as well as restructuring costs.

• Operating result was MSEK -128.4 (-21.8).

• Result after tax was MSEK -149.2 (-17.7).

• Earnings per share totaled SEK -8.51 (-1.22).

• Earlier forecast of positive results before restructuring costs for the fourth quarter was not met.




For more information:
Mikael Strindlund, CEO, Ortivus AB, telephone +46 (0)8-446 45 00 or Mobile +46 (0)70-269 5303, or e-mail; mikael.strindlundortivus.com
Visit www.ortivus.com
Ortivus AB (company reg. no. 556259-1205), Karlsrovägen 2D, Box 713, 182 17 Danderyd. Telephone +46 (0)8-446 4500


Future reporting dates:
Annual Report for financial year 2006 will be published and available in the Ortivus office on April 16, 2007. The Annual General Meeting will be held at 3 pm on Tuesday, May 8, 2007, at Konferens Spårvagnshallarna, Birger Jarlsgatan 57 A, Stockholm.

Interim report for Q1 will be published May 8
Interim report for Q2 will be published August 20
Interim report for Q3 will be published November 12

About Us

Ortivus is a leading supplier of mobile solutions for modern emergency medical care. With nearly 30 years’ experience of cardiology and of developing mobile monitoring and communication solutions, we can offer our customers reliable, patient-friendly and cost-effective decision support systems that save lives and reduce suffering. Ortivus is a listed company on NASDAQ OMX and was founded in 1985. It is based in Danderyd, Sweden. Ortivus has 26 employees in Sweden and Great Britain. More than 1 300 ambulances and 500 hospital beds are equipped with Ortivus solutions.

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