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