Q4 2024 Medistim ASA Earnings Call Transcript

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Feb 28, 2025

Feb 28, 2025 / 08:00AM GMT
Kari Krogstad - Medistim ASA - President, Chief Executive Officer

Good morning, everyone, and welcome to Medistim's Fourth Quarter and the Full Year 2024 Preliminary Financial Results. My name is Kari Krogstad. And together with my good colleague, CFO, Thomas Jakobsen, we will take you through the results.

First of all, I would like to remind everybody that Medistim's goal and ambition remains to deliver profitable growth consistently over time. And our track record shows that we have succeeded to deliver on this promise over the years.

But let's move into the fourth quarter. So I'm very pleased to being able to report an all-time high sales for a quarter, ending at NOK151.1 million, that is an 11.4% increase over the same quarter last year. And as we can see here, the currency effect is quite modest, and that means that the currency-neutral sales is also close to 10%. We can see that our third-party products is up 10% as well, meaning that we have good performance also from our own product sales, also close to 10%.

I would particularly point to Americas, which is really

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