Medistim ASA (FRA:MD1)
€ 12.15 -0.25 (-2.02%) Market Cap: 226.29 Mil Enterprise Value: 216.00 Mil PE Ratio: 23.78 PB Ratio: 5.97 GF Score: 90/100
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Q2 2024 Medistim ASA Earnings Call Transcript

Aug 16, 2024 / 07:00AM GMT
Release Date Price: €13.3 (+1.53%)
Kari Krogstad
Medistim ASA - President, Chief Executive Officer

So a very good morning from Medistim headquarter in Oslo, and we are welcoming everyone on this Friday, the August 16, to the second quarter and first half 2024 financial results. My name is Kari Krogstad, and together with CFO, Thomas Jakobsen. We are going to take you through the highlights of the quarter and the first half, then we'll go through the financial statements, provide more comments into the various business segments and then wrap up with reiterating our strategy.

So Medistim goal and ambition has been and still is to deliver profitable growth consistently over time. And our track record shows that we have succeeded to deliver on this promise over the years with sales growth around 10%.

We aim to deliver growth every single quarter. But as you saw in the fourth quarter last year, this is not always possible. So in the first quarter, we came back with a growth of 3.5%. And this second quarter we continued the improvement.

So for the second quarter, we did delivering a revenue of almost NOK145 million.

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