ST. LOUIS, MO (March 2, 2015) – ulrich medical USA Inc., today announced a strong financial performance for the year ending December 31, 2014. The company recorded a 15 percent annual growth rate in 2014, which caps off four consecutive years of profitable, double-digit growth for the company.
“We would like to thank our customers for an incredible year and their loyal support of our products in the United States spine market,” said Christoph Ulrich, Managing Partner, ulrich medical®. “The momentum in our company and the market acceptance of our technologies is undeniable. I would also like to acknowledge our U.S. executive management team once again for an exceptional performance.”
The company additionally recorded a substantial 36 percent increase in case volume for 2014, and a record 314 percent growth in case volume since 2011.
“We are very pleased with our results in 2014,” said Hans Stover, President and Chief Executive Officer, ulrich medical USA. “We achieved new record levels of performance across multiple key financial metrics and some were milestones – the best in our company’s history. We remain committed to providing German-engineered products that are designed and manufactured to the highest of standards. We have been a company for 103 years and we expect to be a thriving business a century from now.”