Highlights Medicover januari - september 2003
11/20/2003 2:00 AM EST
Highlights January -September 2003
* Revenue for the third quarter amounted to 9.4 million ( 8.4 million),
a 12 percent increase from the same period 2002. Nine month revenue was
27.1 million, a four percent increase from the previous year.
* Prepaid membership rose by a strong 4,700 for the quarter to 111,300
(103,300) and by 7,300 for the nine month period. This represents our
strongest quarter organic membership growth since second quarter 2001.
* The operating loss for the quarter amounted to 0.3 million ( 0.2
million) and for the nine month period to 0.9 million ( 1.1 million).
* The operating profit before depreciation and amortization for the
quarter amounted to 0.5 million ( 0.5 million) and to 1.4 million
( 1.0 million) for the nine month.
* The loss after tax for the quarter amounted to 0.5 million ( 20.6
million) and 1.4 million ( 23.6 million for the nine month). The loss
per share was 0.04 per share for the quarter (1.70) and a loss of
0.118 per share (1.95) for the nine month.
The formation of a new international laboratory division, comprising the
Romanian and Polish laboratory activities.
Investor Relations Contacts
Fredrik Rågmark
Managing Director
Phone: +32 2 357 55 77
E-mail:
Joe Ryan
Financial Director
Phone: +32 2 357 55 77
E-mail: