Medibank Pvt Ltd (OTCPK:MDBPF)

$ 1.99 -0.02 (-1%) Market Cap: 6.84 Bil Enterprise Value: 6.52 Bil PE Ratio: 20.78 PB Ratio: 4.44 GF Score: 77/100

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Half Year 2021 Medibank Private Ltd Earnings Call Transcript

Feb 23, 2021 / 10:30PM GMT

Release Date Price: $1.9

Transcript

Operator

Thank you for standing by, and welcome to the Medibank HY '21 Results Investor and Analyst Teleconference.

(Operator Instructions)

I would now like to hand the conference over to Mr. Craig Drummond, Chief Executive Officer. Please go ahead.

Craig M. Drummond

Medibank Private Limited - CEO & Director

Good morning, and welcome to the Medibank Half Year 2021 Financial Results Presentation. I'm joined online by our executive leadership team, including our CFO, Mark Rogers.

I'm pleased to report that our company has emerged strongly from the disruption caused by COVID-19. Today, we have delivered a high-quality result underpinned by strong policyholder growth across both brands, a stronger Medibank Health result and ongoing vigilance on management costs. We've seen a real shift in Australians prioritizing their health and well-being, given COVID and heightened pressure on the public health system.

As a result, the private health insurance proposition has become more compelling for many Australians, including those who were

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