Artimplant 9-month report 2003
ARTIMPLANT INTERIM REPORT January 1 - September 30, 2003 ARTIMPLANT DIVESTS GOTHENBURG MEDICAL CENTER * Consolidated net sales January-September 2003 reached SEK 20,3 million (SEK 18,2 million) * The loss after taxes was SEK 17,4 million (SEK 40,0 million loss) * Earnings per share for the period was SEK - 0,73 (SEK -4,32) * Gothenburg Medical Center's operations were divested. The cash consideration amounts to SEK 11 million. * In August Artimplant received CE-certificate for Artelon Spacer CMC- I Developments after the 9-month period · Artimplant's board proposes a share issue to raise SEK 48 million. Institutional shareholders have announced their intention to subscribe to close to 70% of the new shares. A separate press release containing additional information has been issued. Forthcoming financial reports: Release of year end results: February 17, 2004 January - March 2004 report: April 27, 2004 January - June 2004 report: August 27, 2004 January - September 2004 report: November 5, 2004 Financial reports are available at www.artimplant.se at the same time that they're distributed to the media. For more information, contact: Tord Lendau, CEO, +46 (0)31 746 56 00, +46 708 369 403, tord.lendau@artimplant.se Jonas Ström, CFO, +46 (0)31 746 5654, +46 703 016 854 jonas.strom@artimplant.se ARTIMPLANT Artimplant is a biomaterial company that focuses on orthopedic surgery solutions. The company runs R&D operations for biodegradable implants and develops manufacturing processes for the implants. Its goal is to enable active lives. Artimplant's biomaterial is based on a new technology that's opening new markets within orthopedic surgery and closely related areas that have extensive med-tech needs. Artimplant developed and patented several different degradable ligament implants that are now in clinical trials. The company's business concept is to license products and technologies to global partners. The Artimplant share is listed on the Stockholm stock exchange's O list. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/11/07/20031107BIT00090/wkr0001.doc The full report http://www.waymaker.net/bitonline/2003/11/07/20031107BIT00090/wkr0002.pdf The full report