Ossur Hf.

About

Recognized by the World Economic Forum as a Global Technology Pioneer, Össur is determined to strengthen its technology and market position. Össur focuses its efforts and expertise on helping people to be confident, safe and mobile, regardless of injuries or conditions that could compromise their quality of life.

The vision is to be a leading company in non-invasive orthopedics. The company focuses on improving people’s mobility by successfully commercializing innovative technologies within the fields of prosthetics and bracing & supports. Össur also has extensive expertise in compression therapy. The business generates value for its customers, shareholders and employees through innovation, efficiency and growth. From a startup 20 years ago, the company has grown with 20% compounded annual growth rates to 3,500 employees worldwide and holds over 1,700 patents.

Investment Thesis

The company is on the crossroads of advanced robotics (bionics), artificial intelligence and human and machine interface. For example, its technology enables customers to control artificial limbs with their brain by connecting the machine to the human nervous system. We expect the company to grow in the long-term. Össur is a clear leader in the field of bionics and sports with an attractive business model.The company listed its common shares on the Copenhagen stock exchange in 2011 (stock ticker: OSSUR.CO). The net MoM multiple on the initial investment is greater than 15x excluding re-invested dividends.