Orthex Q1 2022: Sales slowed down, profitability affected by extraordinary high raw material prices
Orthex Corporation, Stock exchange release, 11 May 2022 at 9.00 a.m. EESTThis release is a summary of Orthex Corporation’s Interim report January–March 2022. The complete report is attached to this release as a pdf-file. It is also available on Orthex’s website at https://investors.orthexgroup.com/.January–March 2022 in Brief · Invoiced sales decreased by 4.2% and totalled EUR 21.5 million (22.4) · Net sales decreased by 4.9% to EUR 20.6 million (21.6) · Adjusted EBITDA was EUR 2.8 million (4.3) · EBITA was EUR 1.8 million (2.0) · Adjusted EBITA was EUR 1.8 million (3.3)