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Product / Company Performance

Orthofix will restate financial statements for FY11, '12 and 13 and 1Q14 by end of 3Q14. The company determined that certain entries in these statements were not properly accounted for under U.S. GAAP. OFIX expects to reduce net sales by US $6MM, $9MM, $2MM and $3MM for the periods, respectively. (Orthofix International N.V., 8/19/14)