Össur hf: Interim report Q1 2020
Announcement no. 27/2020 Interim report Q1 2020 30 April 2020 Highlights · Financial performance in Q1 2020 is impacted by the COVID-19 pandemic. · Sales declined by 2% in local currency in Q1 2020 and sales declined by 5% organic. Growth in the first two months of the year was in line with expectations. Sales in March were impacted in markets where measures to control the COVID-19 pandemic were implemented. · The prosthetics segment declined by 4% organic and the B&S segment declined by 7% organic in Q1 2020. The impact due to COVID-19 was similar across both business