"Medicover has gone from strength to strength and we continue to deliver double-digit organic revenue growth..." - John Stubbington CEO
Building on the strong performance achieved in Q2 last year, we further improved our core operating ratios despite a high comparable base. This highlights the resilience of our business model and our focus on driving profitable growth whilst maintaining high customer satisfaction. Medicover has gone from strength to strength and we continue to deliver double-digit organic revenue growth, generate substantial cash from the business and have now reported year-over-year margin improvement for six consecutive quarters.
Quarter in numbers
Revenue
EUR 640.4 million
EBITDA margin
16.7 %
Operating cash flow
EUR 73.6 million
Medicover in brief
Medicover is a leading healthcare services provider, founded in 1995, and listed on Nasdaq Stockholm since 2017. A holistic approach and commitment to quality drive the company’s mission to improve and sustain health and wellbeing.
Services are delivered through two divisions:
Healthcare Services and Diagnostic Services.
Healthcare Services
Healthcare Services – provides a broad range of high-quality healthcare services, including outpatient and inpatient healthcare, dentistry, fertility treatments and wellbeing solutions such as sports. Services can be financed by employer-paid subscriptions, by patients themselves on a fee-for-service (FFS) basis, or through public or private health insurance.
Diagnostic Services
Diagnostic Services – provides comprehensive clinical laboratory services across all major areas of clinical pathology, from routine screenings to advanced testing, supporting everything from disease prevention to treatment monitoring. Operations are carried out through a network of laboratories, blood-drawing points and clinics across 15 countries, with key markets in Germany, Romania and Poland.
Medicover’s sustainability approach
Sustainability is an integral part of Medicover’s business model and long-term value creation. The company's efforts focus on providing accessible, high-quality healthcare, reducing our environmental impact, and ensuring responsible business practices across the organisation. Medicover’s sustainability work covers environmental, social and governance matters and is reported annually in the company’s Annual Report, which is available here:
