Medicover AB (publ) (MCOV_B) Q1 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Medicover Ab Class B.

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Replay transcript excerpt

WEBVTT 00:00:01.752 -- 00:00:05.018 Morning, everybody. Welcome to our Q1 presentation. 00:00:05.018 -- 00:00:10.269 I think we've had a good first quarter. It's been 00:00:10.269 -- 00:00:13.736 a consistent and solid sort of position. 00:00:13.736 -- 00:00:19.387 We've got good momentum going on in the business with strong organic growth of 10.3%. 00:00:19.387 -- 00:00:24.554 This is our fifth consecutive quarter of improved margins year on year, which we're 00:00:24.554 -- 00:00:28.700 delighted with. There's been a few negative headwinds that have hit us. 00:00:28.700 -- 00:00:30.723 I don't think we need to talk about that too much. 00:00:30.723 -- 00:00:34.729 I think as a team, we've sort of navigated that well. 00:00:34.729 -- 00:00:39.957 And it shows the strength of our model. So it's pleasing to see the position 00:00:39.957 -- 00:00:42.320 that we've come out with despite all of that. 00:00:42.320 -- 00:00:47.187 India has shown some strong momentum. We expected that. 00:00:47.187 -- 00:00:51.713 We talked about that a lot in previous quarters in terms of what we've done to be able 00:00:51.713 -- 00:00:57.622 to get a bigger level of growth and more momentum as we go towards IPO. 00:00:57.622 -- 00:01:02.409 So we're very positive with that particular result in the quarter. 00:01:02.409 -- 00:01:04.983 And we fully expect 00:01:04.983 -- 00:01:10.256 as we go through coming quarters. Very robust performance in diagnostic services. 00:01:10.256 -- 00:01:15.789 Very pleased for the team, done an excellent job and our fee for service development 00:01:15.789 -- 00:01:21.082 is increasing in all markets, which is exactly what we want to achieve. 00:01:21.082 -- 00:01:24.710 Leverage has come down to 2.9. We expected that. 00:01:24.710 -- 00:01:27.476 We talk...