MedWatch

Ambu downgrades financial expectations

After trading closed on Tuesday, Ambu lowered its expectations for its financial year of 2020/21 due to delayed component deliveries in its Core business.

Photo: Ambu/PR

Medtech company Ambu has downgraded its financial guidance for its accounting year of 2020/21 after sales and income for its Core business were affected by the challenging global shipping conditions.

Ambu announced in a stock exchange notification that it now expects total organic growth for the year of 16 percent, compared to a previous estimate of 17 percent.

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