AMBU-BNasdaq CopenhagenMedical DevicesIFRS · DKK

Ambu A/S

Ambu A/S is a Danish medical device company focused on single-use and reusable solutions for airway management, endoscopy, and patient monitoring. The company sells into hospitals and other healthcare providers across international markets through a global commercial and distribution network.

Liikevaihto1 558milj. DKK
+3,2 %v/v
Liikevoitto (EBIT)164milj. DKK
−32,5 %v/v
EBIT-marginaali10,5%
−5,6 %-yks.v/v
Nettotulos118milj. DKK
−35,5 %v/v
Vapaa kassavirta83,0milj. DKK
−33,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2021–2025

−1 00001 0002 0003 0004 0005 000milj. DKK2021: 4 444 milj. DKK2021: EBIT −26 milj. DKK20212022: 1 132 milj. DKK2022: EBIT 68 milj. DKK20222023: 1 254 milj. DKK2023: EBIT 126 milj. DKK20232024: 1 510 milj. DKK2024: EBIT 243 milj. DKK20242025: 1 558 milj. DKK2025: EBIT 164 milj. DKK202512 kk 2026: EBIT 705 milj. DKK12 kk705
LiikevaihtoLiikevoitto (EBIT)12 kk = viimeiset 12 kuukautta, ei kokonainen tilikausi

Liiketoiminta

Osuus liikevaihdosta
Endoscopy55 %

Single-use and reusable endoscopy platforms used for visualization and minimally invasive procedures.

Airway Management25 %

Products used to secure and manage patient airways during anesthesia, emergency care, and critical care.

Anesthesia and Resuscitation10 %

Devices and consumables used in airway support, ventilation, and resuscitation workflows.

Patient Monitoring and Accessories10 %

Monitoring-related consumables and accessories used alongside hospital equipment.

Asiakkaat

Ambu sells primarily to hospitals, hospital purchasing groups, and clinicians that need procedure-ready medical devices for airway management and endoscopy. Its products are used in operating rooms, emergency care, intensive care, and endoscopy suites, where reliability, infection control, and workflow efficiency matter. Public healthcare systems and larger integrated health networks are important buyers because they standardize device selection and procurement.

Hospitals and health systems

Buy airway, anesthesia, and endoscopy products for routine and acute care use across multiple departments.

Endoscopy departments

Purchase single-use and reusable endoscopy tools for diagnostic and therapeutic procedures.

Anesthesia and critical care providers

Use airway management and resuscitation products where procedural reliability is essential.

Public procurement and tender buyers

Buy through centralized tenders and framework agreements, often prioritizing standardization and supply security.

Strategia

Ambu’s strategy centers on expanding adoption of single-use endoscopy and strengthening its position in airway and anesthesia products. The company also emphasizes product innovation, clinical evidence, and broad hospital access, which are important in a market where switching decisions depend on procedure performance, infection control, and purchasing contracts. Maintaining a global supply chain and commercial presence supports scale across healthcare systems and tender-based channels.

Expand single-use endoscopy adoptionKeskipitkä aikaväli

This is a core growth engine and a differentiator versus reusable workflows.

Strengthen core airway management franchiseKeskipitkä aikaväli

Airway products provide a stable base of recurring hospital demand and customer relationships.

Increase market access and commercial reachLyhyt aikaväli

Broader hospital coverage improves tender participation and installed-base conversion.

Maantiede

Ambu is headquartered in Denmark and serves international healthcare markets through a broad commercial footprint. Its business is geographically diversified, with demand tied to hospital spending, reimbursement conditions, and procurement practices in developed healthcare systems. Because the company sells medical devices globally, currency movements and regional healthcare purchasing cycles can affect operations and reported results.

Riskit

Ambu depends on hospital purchasing cycles, tender outcomes, and adoption of new device formats, so demand can vary with healthcare budgets and product switching behavior. The business also faces competition from established medical device makers and from reusable endoscopy solutions, while global manufacturing and sourcing expose it to supply-chain, tariff, and currency risks. Regulatory requirements, product performance expectations, and liability exposure are material because the company sells patient-facing medical devices.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Hospital tender and procurement volatility1Competitive pressure in endoscopy and airway devices2Regulatory and product liability exposure3Tariffs and foreign exchange4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Hospital tender and procurement volatilityVaikutus: KorkeaTodennäköisyys: Korkea

    A meaningful share of sales depends on healthcare purchasing cycles and contract wins.

    Kohdistuu: Global hospital markets

  2. Competitive pressure in endoscopy and airway devicesVaikutus: KorkeaTodennäköisyys: Korkea

    Customers can compare clinical performance, price, and total cost versus alternative platforms.

    Kohdistuu: Endoscopy and airway product lines

  3. Regulatory and product liability exposureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Medical devices are subject to approvals, post-market surveillance, and adverse-event risk.

    Kohdistuu: Patient-facing medical devices

  4. Tariffs and foreign exchangeVaikutus: KeskitasoTodennäköisyys: Korkea

    Global sourcing and international sales create exposure to trade costs and currency swings.

    Kohdistuu: Cross-border manufacturing and sales

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

Device sales are typically recognized when control transfers, which affects period-to-period comparability.

Vaikutus: Channel mix and shipping terms can shift reported revenue timing.

Inventory and obsolescence

Medical device product lifecycles and regulatory updates can create inventory write-down risk.

Vaikutus: Can affect gross margin and working capital.

Warranty and product liability provisions

Patient-facing devices can generate return, repair, or liability claims that require estimates.

Vaikutus: Can materially affect operating expenses and accruals.

Foreign currency translation

International operations create earnings and balance-sheet exposure to exchange-rate movements.

Vaikutus: Affects reported revenue, costs, and equity translation reserves.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.10.2026