Mentice AB (OSTO:MNTC)
kr 13.05 +0.050 (+0.38%) Market Cap: 367.04 Mil Enterprise Value: 326.28 Mil PE Ratio: 0 PB Ratio: 2.98 GF Score: 76/100

Q4 2024 Mentice AB Earnings Call Transcript

Feb 13, 2025 / 10:00 AM GMT
Release Date Price: kr24.2 (-1.61%)

Key Points

Positve
  • Mentice AB (FRA:MN2) reported a strong Q4 with net sales up 22.4% year over year.
  • The company achieved a positive EBITDA margin of 19.1% and a net profit of 2 million Swedish crowns for the quarter.
  • Operational cash flow was significantly higher in Q4, reaching 13.4 million Swedish crowns.
  • The medical device industry order intake increased by 24% in Q4, indicating strong demand for their solutions.
  • The integration of neurovascular connect and vist Acuras was well-received, contributing to growth in the neurovascular segment.
Negative
  • Total year sales were behind target, with flat performance in North America.
  • Order intake for the full year decreased by 8%, despite a 5% increase in Q4.
  • Recurring revenues showed flat development, with a decrease in system rentals.
  • The company had to make an adjustment in the order book due to uncertainty about delivery timing for a pre-2023 order.
  • Despite strong Q4 performance, the full year results were impacted by a challenging first half.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MNTC.ST - Mentice AB
Q4 2024 Mentice AB Earnings Call
Feb 13, 2025 / 10:00AM GMT

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Presentation
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Unidentified_1 [1]
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Hello and welcome everyone. My name is Richard Engberg, and I'm an equity research here at Carnegie Investment Bank. With me I am Franz Wenka, CEO of Mentis, and Luria Droz, CFO of Mentis, to present the Mentis Q4 results. Franz and Rica, welcome. The stage is yours.

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Unidentified_2 [2]
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Thank you for having us.

Thank you, Richard.

For, to, today's Q4 earnings call, and I'm here as stated also with, Ulrikaros as CFO who requires no further introduction and has been in place for more than a year. I'm the new CEO of Mentus and I started, January 1st, so
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