Medicover AB (FRA:5M0B)
€ 17.24 -0.36 (-2.05%) Market Cap: 2.61 Bil Enterprise Value: 3.61 Bil PE Ratio: 116.61 PB Ratio: 5.12 GF Score: 89/100

Q2 2019 Medicover AB Earnings Call Transcript

Jul 26, 2019 / 07:30AM GMT
Release Date Price: €8.08 (+0.25%)
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's second quarter 2019 results presentation. (Operator Instructions) I must advise you meeting is being recorded today on Friday, the 26th of July 2019.

And I would now like to hand the meeting over to your host, Fredrik RÃ¥gmark. Please go ahead, sir.

Fredrik RÃ;gmark;publ;CEO;Director
Medicover AB

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All right. Good morning, and welcome, everyone. Welcome to our second quarter 2019 results. So you will have the presentation in front of you. So we are very happy and very proud of our second quarter results. Medicover has always been a growth company, and I think you see that growth is even accelerating. So we reached revenue of just short of EUR 203 million for the quarter, which is a strong 26% up versus prior year, of which north of 14% is organic growth. So indeed I think, that is strong however way you want to look at it. The acquisitions, which as you recall was a good part of the reason why we

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