Embla Medical hf. (OSSUY) Q1 2026 Earnings Call Transcript
Embla Medical hf. reported Q1 2026 sales of $232 million, reflecting 15% reported and 4% organic growth, with strong performance in Prosthetics & Neuro Orthotics but softer results in Patient Care due to timing effects in Europe. The EBITDA margin was 17%, down 1 percentage point year-over-year due to FX and tariff impacts. Net profit grew on the back of improved operating results. Management highlighted ongoing operational progress and regional volume gains.
- ▪Q1 2026 sales totaled $232 million, a 15% increase year-over-year with 4% organic growth.
- ▪Prosthetics & Neuro Orthotics showed strong growth, while Bracing & Supports grew moderately and Patient Care weakened due to European timing issues.
- ▪EBITDA margin was 17%, down 1 percentage point from the prior-year quarter, primarily due to foreign exchange and tariff pressures.
- ▪Net profit increased, supported by stronger operating performance despite margin headwinds.
- ▪The earnings call featured remarks from CEO Sveinn Sölvason, CFO Arna Sveinsdottir, and Head of Investor Relations Klaus Sindahl.
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