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OSSD OssDsign AB News Story

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Sweden's OssDsign Q4 sales rise 9% on IDN agreements boost

Overview

Sweden orthobiologics developer's Q4 net sales grew 9% yr/yr

Adjusted EBIT improved significantly over previous year despite CEO transition costs

Company strengthened Western U.S. footprint, appointed Mark Waugh as new CEO

Result Drivers

U.S. EXPANSION - OssDsign expanded its commercial footprint in the Western U.S., contributing to growth opportunities through new IDN agreements

GROSS MARGIN - Despite negative exchange rate effects, OssDsign's gross margin improved to 96.3% in Q4

CEO TRANSITION COSTS - One-off payments related to CEO transition affected cash flow, with adjusted cash flow from operations at MSEK -8.9

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 SalesMissSEK 45.12 mlnSEK 47.65 mln (2 Analysts)
Q4 EPS-SEK 0.20
Q4 Net Income-SEK 22.29 mln
Q4 Gross Margin96.30%
Q4 Adjusted Free Cash Flow-SEK 16.89 mln
Q4 Operating Profit-SEK 21.59 mln
Analyst Coverage Wall Street's median 12-month price target for OssDsign AB is SEK12.00, about 23.7% above its February 2 closing price of SEK9.70 Press Release: ID:nWkr3BD7B4 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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