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Safe Orthopaedics announces a 3,8 M€ annual turnover for the Group and gives an update on its bond financing line


-18%
En 2020, Safe Orthopaedics turnover was 3 839 K€, down 18% compared to 2019, fully due to the impact of the global pandemic in 2020. However, the annual direct sales show, in spite of the lockdowns in Europe and in particular the French « white plan » limiting the hospitalizations because of the over-occupation of intensive care beds by  covid patients, a growth of 9%. This is explained, in part, by the market penetration of Sterispine
TM PS 2
nd generation launched in 2020 and by the acquisition in LCI Medical in July 2020 and renamed in January 2021.
 
   -22%
The group has undergone its strongest decrease in sales during the second quarter of 2020, 650k€ during the first lockdown, versus 964k€ during the second quarter of 2019, then resumed and upward trend in the third and fourth quarters, the latter being to be compared with the sales of the fourth quarter of 2019 equal to 1 502k€, the highest historical level, just before the pa ....

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Financing agreement of a total par value of €8.4 million and subvention of €800 000 received as part of the Recovery plan and the « Industrial Investment Support to the Territories » Program


Financing agreement of a total par value of €8.4 million and subvention of €800 000
received as part of the Recovery plan and the « Industrial Investment Support to the Territories » Program 
► Conclusion of an agreement for a bond financing line (OCEANE) over 24 months with a maximum total par value of €8.4 million
► Subvention of 800,000 euros  received as part of the Recovery Plan and the « Industrial Investment Support to the Territories » Program
Éragny-sur-Oise, France, December 17th, 2020, 8h30 CET – Safe Orthopaedics (FR0013467123 – ALSAF), a company specializing in the design, manufacturing and marketing of single-use technologies for spinal surgeries, delivering the safest treatment for spinal fractures urgently treated, announces the grant of a €0.8M€ subvention as part of the “Industrial Investment Support to the Territories”, a €150M fund to support the most structuring industrial projects for the territories set ....

United States , France General , United Kingdom , Pierre Vannineuse , Henri Reynaud , Pierre Dumouchel , Group Safe , Company On , European High Growth Opportunities Securitization Fund , Alpha Blue Ocean Inc , Regional Council Of Auvergne Rhone Alpes , Industrial Investment Support , Recovery Plan , Safe Orthopaedics , Investment Support , Integrated Manufacturing Factory , Regional Council , Chief Executive Officer , Safe Orthopedics , Blue Ocean , Alpha Blue Ocean , Tranche Warrants , Euronext Growth , Euronext Paris , French Commercial Code , Conversion Price ,

Safe Orthopaedics: Financing agreement of a total par value of €8.4 million and subvention of €800 000 received as part of the Recovery plan and the « Industrial Investment Support to the Territories » Program


Safe Orthopaedics: Financing agreement of a total par value of €8.4 million and subvention of €800 000 received as part of the Recovery plan and the « Industrial Investment Support to the Territories » Program
received as part of the Recovery plan and the « Industrial Investment Support to the Territories » Program
? Conclusion of an agreement for a bond financing line (OCEANE) over 24 months with a maximum total par value of €8.4 million
? Subvention of 800,000 euros received as part of the Recovery Plan and the « Industrial Investment Support to the Territories » Program
Éragny-sur-Oise, France, December 17th, 2020, 8h30 CET - Safe Orthopaedics (FR0013467123 - ALSAF), a company specializing in the design, manufacturing and marketing of single-use technologies for spinal surgeries, delivering the safest treatment for spinal fractures urgently treated, announces the grant of a €0.8M€ subvention as part of the Industrial Investment Support to the ....

United States , France General , United Kingdom , Pierre Vannineuse , Henri Reynaud , Pierre Louis Germain , Pierre Dumouchel , Group Safe , Company On , European High Growth Opportunities Securitization Fund , Alpha Blue Ocean Inc , Regional Council Of Auvergne Rhone Alpes , Industrial Investment Support , Recovery Plan , Investment Support , Safe Orthopaedics , Integrated Manufacturing Factory , Regional Council , Chief Executive Officer , Safe Orthopedics , Blue Ocean , Alpha Blue Ocean , Tranche Warrants , Euronext Growth , Euronext Paris , French Commercial Code ,