Sorin Group S.p.A. 2011 First Quarter Results: Continuous Improvement in Profitability

“We are satisfied with the solid results obtained for the quarter, showing positive momentum in sales, margin expansion and debt reduction”

* Consolidated revenues at €182.3 million, up 4.7%* (5.7% as reported) compared to the first quarter of 2010; * Gross profit at €108.2 million, 59.3% of revenues (58.1% in the first quarter of 2010); * EBITDA at €27.5 million (15.1% of revenues versus 14.4% in the first quarter of 2010) and EBIT at €21.0 million (11.5% of revenues, compared to 8.7% in the first quarter of 2010);