Bildkälla: Stockfoto

Össur

CFO confirmed continued solid long-term outlook..
...and goal to grow above market and increase profitability
Pent-up demand is expected post COVID

Today we had the pleasure of hosting the CFO of Össur, Sveinn Sölvason, at our Danish small/mid-cap seminar. During our seminar the CFO confirmed that while the negative covid impacts seeing in the past year and a half, has eased, especially in Europe, the Delta variant is still providing some challenges, especially in terms of logistics (e.g, shipping of B&S products from China). However, the company is managing to navigate the situation, with is evident by the fact that the CFO remains confident with current FY’21 guidance, which sees estimated margins back at “normal” pre-covid levels.

The CFO reaffirmed the company’s firm conviction, that the fundamental long-term market outlook has not been impacted by COVID. He furthermore reaffirmed that the technology trade-up process, which is expected to be a key growth driver in the long-term, continues to be a key focus area, combined with their ongoing progress of establishing more emerging markets with direct sales forces and driving innovation for future products e.g. mind controlled prosthetics/ exoskeletons.
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