Ambu CEO: Our profit is under pressure
The strong dollar drives revenue growth for Denmark’s Ambu but increased production costs and investments in new sales personnel put pressure on the group’s profit, however, CEO Lars Marcher stresses the company’s ability to usurp market shares.
BY STEFAN SINGH KAILAY
“The highlight is that we continue to deliver strong growth of 20% in DKK and 9% in local currencies. It’s best-in-class growth in the industry we belong to, I would say. I can’t see any other company capable of delivering similar growth,” says CEO Lars Marcher in connection with Ambu’s interim Q2 statement.
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