Navamedic ASA Q3 2015 Report
(Thomson Reuters ONE) -
Navamedic ASA today announced the Company's third quarter 2015 financial
results. Navamedic's Pharma and Healthcare business saw sales growth and
improved profitability. The Company acquired Observe Medical International AB
(OM) in the quarter, forming a Medtech business unit engaged in launching Sippi®
- an innovative automated digital urine measurement device with global sales
potential.
Navamedic grew total sales by 4% in the quarter, to NOK 61.5 million (NOK 58.8
million). The Company's Pharma and Healthcare Business grew EBITDA in the
quarter to NOK 5.1 million (NOK 4.6 million), while the consolidated Group
EBITDA for the quarter was NOK 1.5 million (NOK 4.6 million). The Group EBITDA
was affected by one-off acquisition related costs and operational costs in the
Medtech business, costs totaling NOK 3.6 million in the quarter. The Group
earnings before taxes for the third quarter 2015 ended at NOK -2.3 million (NOK
1.9 million).
For the first nine months of 2015, sales grew by 13% to NOK 183.0 million (NOK
161.1 million). EBITDA for the first nine months was NOK 8.9 million (NOK 10.5
million). Earnings before taxes for the first nine months came in at NOK 0.3
million (NOK 2.3 million).
For further information:
CFO Bjørn Lindholt
E-mail: bjorn.lindholt(at)navamedic.com
Mobile: +47 93 00 66 01
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Navamedic ASA Q3 2015 Report:
http://hugin.info/136020/R/1962691/715941.pdf
Navamedic ASA Q3 2015 Presentation:
http://hugin.info/136020/R/1962691/716062.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Navamedic ASA via GlobeNewswire
[HUG#1962691]
Unternehmensinformation / Kurzprofil:
Datum: 30.10.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 430672
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