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MCOV B Medicover AB News Story

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Medicover Q4 revenue rises 10%, net profit more than doubles

Overview

Healthcare services firm's Q4 revenue rose 10% yr/yr, driven by organic growth

Operating profit for Q4 increased 50% yr/yr, reflecting improved margins

Net profit for Q4 more than doubled yr/yr, showcasing enhanced profitability

Outlook

Medicover targets organic revenue exceeding €3.25 bln by 2028

Company aims for adjusted organic EBITDA over €600 mln by 2028

Medicover plans to expand network and increase capacity utilization

Result Drivers

ORGANIC GROWTH - Medicover's Q4 revenue growth was driven by organic expansion and acquisitions, with continued demand for healthcare services

COST CONTROL - Improved margins and cost control contributed to Medicover's increased profitability in Q4

POLAND OPERATIONS - Sports/wellness and ambulatory business in Poland were key contributors to revenue and profit growth in Q4

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueEUR 611.70 mln
Q4 Net IncomeEUR 17.30 mln
Q4 Basic EPSEUR 0.12
Q4 EBITEUR 35.20 mln
Q4 EBIT Margin5.70%
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell" The average consensus recommendation for the healthcare facilities & services peer group is "buy" Wall Street's median 12-month price target for Medicover AB is SEK251.50, about 24.2% above its February 9 closing price of SEK202.50 The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 35 three months ago Press Release: ID:nMFN99qPzC For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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