Medicover AB (FRA:5M0B)
€ 16.86 -0.02 (-0.12%) Market Cap: 2.55 Bil Enterprise Value: 3.54 Bil PE Ratio: 116.61 PB Ratio: 5.12 GF Score: 90/100
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Q1 2020 Medicover AB Earnings Call Transcript

Apr 30, 2020 / 07:30AM GMT
Release Date Price: €8.74 (-5.72%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to today's first quarter 2020 results presentation. (Operator Instructions) Please be advised that today's conference is being recorded.

And I would now like to hand the conference over to your first speaker today, Mr. Fredrik RÃÂ¥gmark. Please go ahead, sir.

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

Â¥ - ()-&

All right, [Fred]. So welcome, everyone, to our first quarter 2020 results presentation. And you have heard us, not so long ago, with our 15th of April trading update, so this builds further on that.

So if we go and look at the highlights for the first quarter. So despite the coronavirus and COVID crisis hitting in mid of March, revenue increased a respectable, just short of 20% for the quarter to EUR 238.8 million, of which organic revenue grew 5.8%. So slightly lower organic growth recently, or actually for quite some long time driven by the March impact.

EBITDA, up 5.6% to EUR 29 million with a

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