Presentation

Company Profile
Arjo is a global supplier of medical devices, services and solutions that enhance the quality of life for individuals with reduced mobility and age-related health challenges. Its product portfolio and solutions include patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, VTE prevention and diagnostics. Arjo serves both private and public institutions within acute care and long-term care. Arjo’s solutions are sold in more than 100 countries in primarily North America and Western Europe. The company consists of approximately 6,200 employees worldwide and the head office is located in Malmö, Sweden.

Recent highlights
In Q2 2021, the company saw net sales increasing organically by 4.0% to SEK 2,199 M (2,264) with high demand in patient handling, hygiene, service and DVT. During the quarter, the company acquired PAC Rentals, a South African company offering rental of specialised and therapeutic mattresses. In July, Arjo announced the publication of a health economic study showing that treating hard to heal venous leg ulcers with their product WoundExpress improves both clinical and financial outcomes.

Outlook
By the end of 2021, Arjo expects organic sales growth to be within its 3-5% target interval. The acquisition of PAC Rentals gives Arjo access to sales channels and important local know-how to further strengthen the offering within rental and pressure injury prevention in a growing region. The acquisition is expected to have a slight positive effect on earnings per share from 2022.