Q3 2019 Ossur hf Earnings Call Transcript
Ladies and gentlemen, welcome to the Ãssur's Q3 Results 2019. Today, I am pleased to present Mr. Jón Sigurdsson, President and CEO; and Mr. Sveinn Sölvason, CFO. (Operator Instructions)
Mr. Sigurdsson and Mr. Sölvason, please begin.
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Yes. Thank you very much. I would also like to welcome you to the Ãssur investor conference call where we will cover the results for the third quarter of 2019. As previously mentioned, my name is Jón Sigurdsson, and I'm the President and CEO, and with me here today is Sveinn Sölvason, our CFO. I will start by going through the highlights of the quarter and end with our guidance for 2019. A question-and-answer session will then follow.
Sales in the third quarter of the year amounted to $168 million, corresponding to 19% growth in local currency, 5% organic growth and 15% reported growth in U.S. dollars. In the first 9 months of the year, local currency growth amounted to 19% and organic growth was 7%. EBITDA before
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