26.10.2018 08:12:00

Medicover - Interim Report July-September 2018

STOCKHOLM, Oct. 26, 2018 /PRNewswire/ --

Third Quarter

  • Revenue increased by 16.3% to €167.4m (€144.0m). Organic revenue grew by 13.8%.
  • Operating profit amounted to €7.4m (€8.5m), representing an operating margin of 4.4% (5.9%).
  • Net profit amounted to €6.2m (€4.3m), which represents a net profit margin of 3.7% (3.0%).
  • Cash flow from operating activities amounted to €21.8m (€15.3m).
  • Basic/diluted earnings per share (EPS) were €0.042 (€0.030).
  • EBITDA increased by 0.7% to €15.1m (€15.0m), corresponding to an EBITDA margin of 9.0% (10.4%).

Nine Months

  • Revenue increased by 14.7% to €490.4m (€427.5m). Organic revenue grew by 13.9%.
  • Net profit amounted to €22.6m (€11.0m), which represents a net profit margin of 4.6% (2.6%).
  • EBITDA increased by 7.9% to €43.6m (€40.4m), corresponding to an EBITDA margin of 8.9% (9.5%)

REVENUE AND EARNINGS 

 

 

€ millions (€m)

 

Q3 2018

 

Q3 2017 

 

Growth

 

9M 2018

 

9M 2017 

 

Growth

FY 2017 

 

Revenue

 

167.4

 

144.0

 

16%

 

490.4

 

427.5

 

15%

 

580.2

 

Operating profit

 

7.4

 

8.5

 

-13%

 

21.9

 

21.0

 

4%

 

28.8

 

Operating profit margin, %

 

4.4%

 

5.9%


 

4.5%

 

4.9%


 

5.0%

 

Net profit

 

6.2

 

4.3

 

44%

 

22.6

 

11.0

 

105%

 

20.2

 

Net profit margin, %

 

3.7%

 

3.0%


 

4.6%

 

2.6%


 

3.5%

 

Earnings per share, €

 

0.042

 

0.030

 

40%

 

0.159

 

0.085

 

87%

 

0.157

 

Diluted earnings per share, €

 

0.042

 

0.030

 

40%

 

0.159

 

0.085

 

87%

 

0.157









EBITDA

 

15.1

 

15.0

 

1%

 

43.6

 

40.4

 

8%

 

55.0

 

EBITDA margin, %

 

9.0%

 

10.4%


 

8.9%

 

9.5%


9.5%


For Alternative Performance Measure definitions and reconciliations, refer to note 8

Contact information 
For further information, please contact: 
Paula Treutiger, Director Corporate Communications & Investor Relations 
Phone: +46-73-366-65-99 
E-mail: paula.treutiger@medicover.com 

This information is information that Medicover AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 8.00 (CEST) on 26 October 2018. This interim report and other information about Medicover, is available at medicover.com.

Medicover is a leading international healthcare and diagnostic services company and was founded in 1995. Medicover operates a large number of ambulatory clinics, hospitals, specialty-care facilities and laboratories and the largest markets are Poland and Germany. In 2017, Medicover had revenue around €580 million and 15,900 employees. For more information, go to www.medicover.com

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/medicover/r/interim-report-july-september-2018,c2655072

The following files are available for download:

http://mb.cision.com/Main/15662/2655072/933358.pdf

Interim report July-September

 

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