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OBCK Ottobock SE & Co KgaA News Story

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Ottobock rises on Q4 earnings beat

** Shares in Ottobock OBCK.DE are up 4.7% in early Frankfurt trade after the German prosthetics maker's preliminary Q4 earnings came in above expectations

** Jefferies points to the company's Q4 underlying core earnings of 134.2 million euros ($158.8 million), noting they came in about 5% above a Vara consensus of 127.5 million

   ** It adds that the results are due to the strong growth and economies of scale of the Ottobock business model

   ** Up to the previous session's close, shares were down 11.3%​ YTD

($1 = 0.8449 euros)

 (Reporting by Cian Muenster)

 ((Cian.Muenster@thomsonreuters.com))

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