Arjo Annual Report 2020 – Mobility drives improved outcomes in healthcare
Today Arjo publishes the Annual Report for 2020. A success factor during the year was that Arjo navigated the short-term challenges in connection with the pandemic while capitalizing on new business opportunities and investing in the future. In 2020, Arjo also presented a new strategy for 2030 as well as a new sustainability framework.
“We put an exceptional year behind us, where we have adapted the business to the current circumstances and supported healthcare in a challenging time. At the same time, we exceeded the targets that we set at the beginning of the year. Three years have passed since we were listed in 2017 and we are a significantly stronger company today. We are now focusing on helping shape the healthcare of the future at a time when the need for delivering more care with fewer resources has never been greater”, says Joacim Lindoff, President & CEO.
New strategy opens for addressing a market ten times larger
Arjo casts light on the clear connection between mobility and people’s physical and mental well-being, and that creating the best opportunities for mobility is the very core of providing high-quality care. With the new strategy for 2021-2030 Arjo will invest in becoming a Mobility Outcome Partner for healthcare. Together with the customer Arjo assess the unique needs of each care setting, based on data regarding problem areas related to reduced mobility, such as work-related injuries among staff, and pressure injuries, venous leg ulcers and falls among patients. Arjo develops a tailored program that, in addition to the right equipment, also secures skills and working methods for personnel.
Working closely with the customer toward joint goals, we assume responsibility for creating a change in care practice, thus achieving improved clinical and financial outcomes. Based on this holistic approach toward solving some of healthcare’s major challenges, we are addressing a market that is ten times larger than the market in which we currently operate.
This year’s edition of the Annual Report comprise both a printed and a shorter digital version. The printed version will shortly be distributed to the shareholders that have requested its delivery. It can also be ordered at www.arjo.com.
For further information, please contact:
Kornelia Rasmussen, EVP Marketing Communications & Public Relations
Tel: +46(0)10 335 4810
Email: kornelia.rasmussen@arjo.com
Maria Nilsson, Investor Relations & Corporate Communications
Tel: +46 (0)10 335 4866
Email: maria.nilsson@arjo.com
About Arjo
At Arjo, we believe that empowering movement within healthcare environments is essential to quality care. Our products and solutions are designed to promote a safe and dignified experience through patient handling, medical beds, personal hygiene, disinfection, diagnostics, and the prevention of pressure injuries and venous thromboembolism. With over 6,000 people worldwide and 60 years caring for patients and healthcare professionals, we are committed to driving healthier outcomes for people facing mobility challenges. www.arjo.com
This information is information that Arjo AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 11.00 CET on March 25, 2021.