Medicover AB (FRA:5M0B)
€ 16.86 -0.02 (-0.12%) Market Cap: 2.55 Bil Enterprise Value: 3.54 Bil PE Ratio: 113.52 PB Ratio: 4.98 GF Score: 90/100

Full Year 2019 Medicover AB Earnings Call Transcript

Feb 14, 2020 / 08:30AM GMT
Release Date Price: €11.58 (+12.21%)
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the fourth quarter 2019 results presentation call. (Operator Instructions) I must advise you that this conference is being recorded today.

And I would now like to hand the conference over to your first speaker, Mr. Fredrik RÃ¥gmark. Thank you. Please go ahead.

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

Â¥ - ()-&

So good morning, everyone, and welcome to our quarter 4 and full year 2019 reporting. We are very happy, proud and pleased with how the quarter and the year came out. We've had a year with a very good organic growth, complemented with good acquisition growth. For the year, 25.7% growth and 14.8% organic. So very, very good. We have also been able to keep expanding our margins with EBITDA for the year up 33% and 113 -- sorry, 78 basis points margin expansion for the year. So that's confirming the trend that we have reported for a number of quarters. Likewise, when you look at net profit, and we then

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot