Jon Sigurdsson, President & CEO, comments:
"The year was characterized by internal focus. One of our main tasks has been to increase profitability and although the sales were slower than anticipated the profits increased considerably. In 2008 we introduced thirteen new products and twenty products were discontinued. In 2009 some new and exciting products will be launched and we will focus on traditional products that fit into the current reimbursement channels. The financial crises we have seen around the world have had limited effects on the underlying business of the Company as well as the healthcare sector in general. Overall, we are confident that we have managed to build a strong Company with a solid foundation for future success."