Medicover AB (publ) (MCVEY) This fall 2025 Earnings Name Transcript


Medicover AB (publ) (MCVEY) This fall 2025 Earnings Name February 10, 2026 3:30 AM EST

Firm Individuals

John Stubbington – Chief Government Officer
Anand Patel – Chief Monetary Officer
Hanna Bjellquist – Head of Investor Relations

Convention Name Individuals

Philip Ekengren – ABG Sundal Collier Holding ASA, Analysis Division
Julia Strand – Handelsbanken Capital Markets AB, Analysis Division
Mattias Vadsten – SEB, Analysis Division
Kristofer Liljeberg-Svensson – DNB Carnegie, Analysis Division
Kane Slutzkin – Deutsche Financial institution AG, Analysis Division

Presentation

Operator

Welcome to the Medicover This fall 2025 Report Presentation. (Operator Directions) Now I’ll hand the convention over to the audio system, CEO, John Stubbington; and CFO, Anand Patel. Please go forward.

John Stubbington
Chief Government Officer

Good morning, everyone. It is John right here, and welcome to our This fall outcomes. It is one other good quarter for us. We have made some good progress. We have got persevering with sturdy efficiency, double-digit progress once more, and we’re seeing margin enlargement, which is admittedly, actually pleasing. The efficiency stays sturdy. We’re seeing that with good demand throughout all of our markets and notably from our fee-for-service section. Margins are bettering and good value management in place. So we’re effectively positioned. We predicted a little bit of softness in a few of our traces within the earlier quarter, and we have now seen that, and we stated that it could proceed for somewhat bit longer. However we do see the beginnings of indicators of restoration actually in This fall. So we’re watching this house as we undergo to Q1.

We have got continued natural progress and profitability enhancements in Healthcare Companies, notably pushed by our Sports activities and Wellness enterprise and our ambulatory enterprise. Our Diagnostic Companies staff, they’ve continued their momentum. They have double-digit progress in all the fee-for-service markets. and actually sturdy quantity exams which have elevated. So effectively executed to the staff there. It is actually nice to see. We predicted that our leverage



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