Artimplant reports net revenue of SEK 5.4 million for January - March, 2011

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May 4 2011Artimplant AB

Artimplant AB (STO:ARTIB):

January 1 - March 31, 2011:

  • Net revenue amounted to SEK 5.4 million (4.8).
  • The net loss totaled SEK 3.9 million (4.7).
  • Earnings per stock unit amounted to SEK -0.03 (-0.08).
  • Artimplant's own sales as a proportion of total sales continued to increase and were equivalent to 73% (51) of product sales.
  • The launch of complementary Artelon® Tissue Reinforcement products has commenced in the USA.
  • A new product for the treatment of osteoarthritis in the thumb base joint has been cleared for sale in Europe.
  • A new CFO - Kjell Thörnbring has been recruited and he has taken up his position.
Source:

Artimplant AB

Posted in: Business / Finance

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