STOCKHOLM, Sweden, Nov. 18, 2004 (PRIMEZONE) -- Medicover:
-- Revenue for the third quarter amounted to 10.9 million (9.4 million) representing 16 percent (12 percent) revenue growth versus the corresponding period last year. Excluding acquisitions the revenue growth was 12 percent.
-- Revenue for the first 9 months amounted to 30.7 million (27.1 million), a 13 percent revenue growth (4 percent) versus last year.
-- Constant currency growth versus last year for the 9 months amounted to 18 percent, excluding acquisitions 14 percent.
-- The robust membership growth continued in the third quarter with 5,800 new members (4,700) and 15,400 for the first 9 months (7,300). Total members by end of September increased 19 percent versus last year to 132,400.
-- The third quarter was the first quarter with operating (EBIT) break-even (loss 0.3 million). The operating loss for the nine month amounted to 0.3 million (0.9 million).
-- The operating profit before depreciation and amortization (EBITDA) amounted to 0.8 million or 7.6 percent of revenue (0.5 million or 4.8 percent of revenue) for the third quarter and to 2.1 million or 6.9 percent of revenue (1.4 million or 5.2 percent of revenue) for the nine month.
-- The loss after tax for the quarter amounted to 0.1 million (0.5 million) and 0.8 million (1.4 million) for the nine month. The loss per share was 0.009 for the quarter (0.04) and a loss of 0.067 per share (0.118) for the nine month.
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