STOCKHOLM, August 20, 2003 (PRIMEZONE) -- Medicover (Other OTC:MCVEF)
* Revenue for the second quarter amounted to 8.8 million (8.8 million), despite a 10% adverse movement in exchange rates year on year in our largest market Poland. First half year revenue was 17.7 million (17.6 million).
* Prepaid membership rose to 106,600 up 1,500 for the quarter and 7,300 or 7% versus the corresponding period last year.
* The operating loss (EBIT) amounted to 0.3 million (0.5 million) for the quarter and 0.5 million (0.9 million) for the six months.
* The operating profit before depreciation and amortisation (EBITDA) amounted to 0.5 million (0.2 million) for the quarter and to 1.0 million (0.5 million) for the 6 months.
* Acquisition of Capio AB's Polish laboratory business, to form the base of the Polish expansion of our successful laboratory line of business in Romania.
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http://www.waymaker.net/bitonline/2003/08/21/20030821BIT00010/wkr0001.doc