Convincing facts and authentic emotions
Ottobock combines a human touch with growth and financial strength. For more than 100 years, we've been committed to help people gain new freedom of movement and be independent. That's our mission. And we want our business model to inspire financial journalists and investors.
A strong market position
We are a modern, family-owned company that combines a love of progress with values we truly live by. Näder Holding GmbH & Co. KG holds 100% of Ottobock SE & Co. KGaA. Näder Holding in turn is 100% owned by the Näder family, who are the direct descendants of Otto Bock, the company founder.
Ottobock in the 2023 financial year
Ottobock successfully continued its growth trajectory in the 2023 financial year. The company significantly increased its revenue by around 12.1 percent to EUR 1.5 billion (2022: EUR 1.3 billion). The underlying EBITDA increased to EUR 280 million (2022: EUR 238 million). The operating EBITDA margin remained at around 19 percent.
Our growth strategy
We intend to continue our organic and inorganic growth strategy in the future to achieve our ambitious growth targets. In November 2019, we strengthened our position by acquiring Vigo, Belgium's leading orthopaedic technology specialist. In January 2020, we announced our investment in Cascade Orthopedic Supply, a leading prosthetics and orthotics supplier in North America.
Contact
Merle Florstedt