STOCKHOLM, Sweden, Feb. 20, 2003 (PRIMEZONE) -- Medicover (Stockholm:MCOV):
Highlights
-- Revenue for the full year amounted to EUR35.3 million
(EUR30.1 million), an increase of 17 percent versus last year.
-- Revenue for the last quarter amounted to EUR9.2 million
(EUR8.3 million), a gain of 10 percent versus the corresponding
period last year.
-- Prepaid membership rose to 104,000 at year end, an increase of
12,200 or 13 percent since last year.
-- The operating loss from continuing operations amounted to EUR1.5
million for the full-year, against a loss of EUR2.0 million in 2001.
-- The operating profit from continuing operations before depreciation
and amortisation amounted to EUR1.3 million for the full-year,
versus EUR0.4 million in 2001.
-- After the end of the reporting period the shareholders approved the
sale of the portfolio of unlisted investments, and this sale has
now been completed.
-- The full-year loss for continuing operations amounted to EUR2.8
million (EUR3.0 million). The loss per share from continuing
operations amounted to EUR0.229 per share (EUR 0.258).
I would like to take this opportunity to thank all of the more than 1,200 employees we have across the countries for their contribution and commitment to developing Medicover into a strong and successful company.
Fredrik Ragmark, February 2003
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www.waymaker.net/bitonline/2003/02/20/20030219BIT01320/wkr0001.doc The full year-end report www.waymaker.net/bitonline/2003/02/20/20030219BIT01320/wkr0002.pdf The full year-end report