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Orthopedic products company announces sales of $75.8 million

Published in Medical Devices and Surgical Technology Week, November 27th, 2005

Orthofix International N.V., (OFIX) announced results for the third quarter and 9 months ended September 30, 2005, with sales for the third quarter of $75.8 million, an increase of 6% over the $71.5 million reported during the same period in 2004.

The incremental impact of foreign currency on sales for the third quarter of 2005 was a positive $0.2 million or 0.3%.

Net income for the third quarter was $46.0 million, or $2.81 per diluted share, compared with $8.4 million, or $0.53 per diluted share, for the same period in 2004. Net income for the third quarter included a gain of $38.2 million or $2.33 per diluted share, net of related costs and taxes,...

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