Medicover AB (STU:5M0B)
€ 19.8 -0.30 (-1.49%) Market Cap: 3.01 Bil Enterprise Value: 4.36 Bil PE Ratio: 38.50 PB Ratio: 5.66 GF Score: 89/100

Q3 2023 Medicover AB Earnings Call Transcript

Nov 03, 2023 / 08:30AM GMT
Release Date Price: €11.28 (+3.11%)
Operator

Good day and thank you for standing by. Welcome to the Third Quarter 2023 Results Presentation. (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

Â¥ - ()-&

Good morning. Welcome, everyone, to our third quarter 2023 results reporting. My summary slide, I think the headline on the summary slide very well summarizes where we are, delivering according to plan. We are 3 quarters out of 12 so 25% of the time into the new 3-year financial target period and I think we are well underway with this set of strong numbers to deliver on those financial targets. We have continued strong organic growth just short of 15%. We report 19.5% growth. And if you would neutralize for the slight remaining COVID revenue element in the prior year quarter, so our underlying total growth is in fact 24% and that is actually identical as the prior

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