In connection with a review of Ambu's US subsidiary, Ambu Inc., the Ambu
management has realised that the expected sales in the USA in August and
September 2007 are based on substantial discounts for a number of important
customers. Ambu has decided not to proceed with these sales. The consequence of
this decision is lower-than-expected revenue and earnings.
Sales within other customer segments in the USA have developed positively.
Developments in revenue in Ambu's other markets have also been positive and in
line with expectations.
Against this background, Ambu is cutting its revenue expectations for FY
2006/07 from approx. DKK 750 million to approx. DKK 715 million, while EBIT is
reduced from approx. DKK 97 million to approx. DKK 74 million before adjustment
for the one-off effect of the employee share scheme of approx. DKK 5 million.
Developments in the USA will be described in further detail in connection with
the publication of the report for Q3 2006/07 on 29 August 2007.
Contact: K.E. Birk, tel. +45 7225 2000, email: keb@ambu.com
