Medicover AB (OTCPK:MCVEF)
$ 16.49 0 (0%) Market Cap: 2.49 Bil Enterprise Value: 3.64 Bil PE Ratio: 121.77 PB Ratio: 4.74 GF Score: 70/100

Q2 2023 Medicover AB Earnings Call Transcript

Jul 26, 2023 / 07:30AM GMT
Release Date Price: $12.78
Fredrik RÃ;gmark;publ;CEO;Director
Medicover AB

¥ - ()-&

Thank you. Good morning, everyone. Welcome to our second quarter 2023 results presentation. And we have headlined our first slide, strong organic growth, although still difficult macroeconomic environment. I think that summarized very well the environment we're in, still high inflation cost pressures, et cetera, et cetera. But despite that, I think we delivered a very solid, robust set of numbers, fundamentally underlying good, strong organic growth overall 12.9% and neutralizing for the impact of the still quite significant COVID quarter last year around we tick up to 22% organic growth, again, a good solid number.

And of that, just below 10 percentage points represent price illustrating the impact of the quite significant efforts the team has done on price adjustments over the past year.

Also to point your attention to the fact that if we annualize the growth in the quarter, we put on more than EUR 350 million of additional revenue since -- over the last 12 months

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot