Medicover's net profit down by 11% in Q2 2019.

NORDIC BUSINESS REPORT-July 29, 2019-Medicover's net profit down by 11% in Q2 2019

(C)2019 M2 COMMUNICATIONS http://www.m2.com

Medicover AB (STO:MCOVB) reported on Friday that it recorded a net profit of EUR4.9m, or diluted earnings per share of EUR0.031, for the second quarter of 2019, from April 2019 to June 2019.

This was an 11% decrease over net profit of EUR5.5m, or a 21% decrease over diluted EPS of EUR0.039, in the second quarter of 2018.

Revenues for the quarter increased by 25.9% to EUR202.9m, as compared with EUR161.1m, in the second quarter of 2018. Organic...

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