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

Q1 2022 Medicover AB Earnings Call Transcript

Apr 27, 2022 / 07:30AM GMT
Release Date Price: €15.5 (-4.91%)
Operator

Good day, and thank you for standing by. Welcome to the Medicover AB First Quarter 2022 Results Presentation Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Fredrik RÃ¥gmark. Please go ahead.

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

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Thank you. Good morning, everyone, and welcome to our first quarter 2022 results presentation. So this quarter, obviously, very much overshadowed by a war situation, but you see the headline. I think we have reported really solid revenue growth and profits despite the war going on in one of our major markets, and we have a very, very forward-leaning investment profile in the quarter, which we'll talk you through.

We have been able to see what is undoubtedly, a historically strong quarter in our core prepaid employer business in Poland, with 84,000 new members in the quarter. That's a number we have never seen before. In fact

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