Ossur Hf : Interim report Q4 2018
Announcement no. 7/2019Interim report Q4 20185 February 2019 Highlights · Sales growth of 12% in local currency in Q4 2018, organic sales growth of 4% and reported growth of 9%. Sales growth of 7% in local currency in FY 2018, organic growth of 5% and 8% reported growth. · The prosthetics segment grew 6% organic in Q4 2018 and the B&S segment grew 3% organic. Growth in both business segments can be attributed to strong sales of high-end innovative products. · Gross profit margin was 64% in Q4 2018 compared to 63% in the comparable quarter. The increase is driven by