Brief: Medicover Q2 EBITDA Rises To EUR 71.8 Million

Medicover AB

23/07/2021 06:48

July 23 (Reuters) - Medicover AB  MCOVb.ST :
    * INTERIM REPORT APRIL-JUNE 2021
    * Q2 REVENUE AMOUNTED TO EUR 348.9M (EUR 198.8M)
    * Q2 EBITDA WAS EUR 71.8M (EUR 25.3M), AN INCREASE BY
183.9%.
EBITDA MARGIN WAS 20.6% (12.7%).
    * Q2 OPERATING PROFIT (EBIT) WAS EUR 46.2M (EUR -2.3M)
    * WE ARE WELL AHEAD OF OUR THREE-YEAR FINANCIAL TARGETS
ENDING
2022 AND THE FINANCIAL OUTLOOK GOING FORWARD REMAINS STRONG
    * WE EXPECT TO CONTINUE TO SEE A DEMAND FOR COVID-19
TESTING,
GENETIC SEQUENCING, AND PATIENT TREATMENTS HOWEVER AT LOWER
LEVELS THAN BEFORE

Source text for Eikon:  ID:nWkr57lHWx 
Further company coverage:  MCOVb.ST 

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