Transcript Welcome [www.ossur.com]

Össur hf.
1Q 2002
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Jón Sigurðsson, President & CEO
Key figures 1Q 2002
18.593 18.788
Actual
Budget
USD '000
11.098 11.361
2.127 1.876
Net sales
Gross Profit
EBITDA
1.542 1.297
1.031
Op. profit
Net profit
595
Net sales 1Q by markets
10.909
10.502
USD '000
Actual
Budget
3.571
3.627
2.307
2.437
1.806
Össur North
America
Össur Europe
Össur Nordic
2.222
Other markets
Markets % 1Q
Other
10%
Össur Nordic
12%
Össur Europe
19%
Össur North
America
59%
Key operational figures past 5 Q
18,8
18,1
17,3
17,2
16,5
USD Millions
Revenues
EBITDA
Net profit
4,2
2,5 2,6
2,2
3,9
2,5
2,7
1,0
0,7
1Q 2001
2,1
2Q 2001
3Q 2001
4Q 2001
1Q 2002
Össur Organizational Chart
Board
President & CEO
Business Development
Corportate Finance
Prosthetic
division
Technical division
Össur North America, Inc.
Össur Europe, B.V.
Össur Nordic, A.B.
The O&P Industry
Prosthetic
MARKET
100%
O&P
Workshop
30%
Sport
Medicine
Orthotic
O & P
I N D U S T R Y
SUPPLIER
&
70%
Over the
Counter
Pre-Fabrication
(Central Fab.)
Distribution
Manufacturing
(OEM)
Value Chain
Service
The Future: 2003-2006
Prosthetic
Orthotic
Wound Care
Implants
Technology Transfer
Silicone
SALES & MARKETING
PROSTHETIC DIVISION
Eyþór Bender
New Products
1Q and 2Q 2002
JUNE
MAY
APRIL
MARCH
FEBRUARY
JANUARY
Knees
Feet
Socket
Systems
REHA EXHIBITION
GERMANY MAY 2002
New Products introduced
New products 2002 compared to forecast
$1.800
$1.600
$1.400
$1.200
$1.000
$800
$600
$400
$200
$0
Q1
Q2
Q3
Q4
Estim ated
574
1171
1582
1567
Actuals
631
New products as % of total sales
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
Q1-Q4
Q1
Q2
Q3
Q4
Össur Prosthetics
Current Product Lines
Knees
Socket system
Feet
Total Solution
Above knee
Total Solution
Below knee
Össur Prosthetics
New Product Lines
Socket Systems
Knees
NEW
2002
2003
Solutions
above knee
Cosmetic covers &
accessories
Feet
Solutions
below knee
Thanks