DJO Global reports fiscal growth in Q3 2013

DJO Global has stated its satisfaction with its business performance in the third quarter of 2013, a period characterised by strong growth for many of its key divisions.

The company's net sales total for the quarter came to $288 million (178.94 million pounds), representing a year-on-year increase of five percent, with its bracing and vascular, surgical implant and international teams performing particularly well.

Recent new product launches and other commercial initiatives were highlighted as having achieved great success, with efforts set to be made during the remainder of the year to improve the performance of its recovery sciences segment.

Mike Mogul, DJO's president and chief executive officer, said: "It is terrific to see our team continue to deliver strong accelerating sales growth … Our successful new product launches and strong global commercial execution continue to drive momentum across most of our businesses."

Currently, the company is searching for a new chief financial officer, following the recent announcement that Vickie Capps will be leaving DJO Global at the end of the year.