Brief: Medicover Provides Trading Update For Q1

Medicover AB

13/04/2021 12:57

April 13 (Reuters) - Medicover AB  MCOVb.ST :
    * TRADING UPDATE Q1 - COVID-19 THIRD WAVE DRIVES PERFORMANCE
    * CONSOLIDATED REVENUE FOR QUARTER ENDED 31 MARCH 2021 WAS
EUR
317.2M (EUR 238.8M
    * EBITDA FOR QUARTER ENDED 31 MARCH 2021 WAS EUR 65.5M (EUR
29.0M), AN INCREASE OF 126 PER CENT AND A MARGIN OF 20.6 PER
CENT (12.2 PER CENT)
    * ADJUSTED EBITDAAL FOR QUARTER ENDED 31 MARCH 2021 WAS EUR
54.3M
(EUR 18.1M) AN INCREASE OF 200 PER CENT
    * EBITDAAL FOR QUARTER ENDED 31 MARCH 2021 WAS EUR 52.9M
(EUR
16.8M) AN INCREASE OF 215 PER CENT,
    * RECENT WAVE OF COVID INFECTIONS HAS SUPPORTED PERFORMANCE
STRONGLY THROUGH MARCH AND FINANCIAL OUTLOOK REMAINS STRONG.
    * THERE CONTINUES TO BE A LARGE DEGREE OF UNCERTAINTY ON
PROGRESS
OF INFECTION RATES, COVID-19 VARIANTS
    * SOME NEGATIVE IMPACTS FROM COVID PANDEMIC ARE STILL BEING
FELT
AND MAY BECOME MORE APPARENT WITH CURRENT COVID-19 WAVE

Source text for Eikon:  ID:nWkrjz1Pr 
Further company coverage:  MCOVb.ST 

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