Home » Business » Spineway Reports 8% Drop in Q3 Turnover, but 40% Increase in 9-Month Activity

Spineway Reports 8% Drop in Q3 Turnover, but 40% Increase in 9-Month Activity

(AOF) – Spineway totals a turnover of 2.1 million euros for the 3rd quarter of 2023, compared to 2.24 million in 2022, a drop of 8%. This brings 9-month activity to 7.5 million euros, an increase of 40% compared to last year. The specialist in ranges of implants and innovative surgical ancillaries (instruments) intended to treat severe spinal pathologies specifies that the increase in sales over 9 months is driven by the sales of Spine Innovations, integrated in July 2022.

The turnover for the 3rd quarter is “mechanically marked by a less favorable scope effect” underlines the group.

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2023-10-13 16:27:30
#Spineway #drop #quarterly #turnover

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