MEDISTIM WKN: A0D9B1 ISIN: NO0010159684 Kürzel: MEDI Forum: Aktien Thema: Hauptdiskussion

In the second quarter, Medistim delivers a new record in quarterly sales revenues, reaching 144.9 MNOK. This represents a 5.5 % increase in NOK and a currency-neutral growth of 4.1% compared to Q2 of the previous year, which is the third highest quarter for sales to date. This performance aligns with our expectations for continuous growth improvement throughout the year. Reflecting on the disappointing EBIT margin of 16.4% in the fourth quarter of 2023 and the subsequent improvement to 24% in the first quarter, we are pleased to report that this positive profitability trajectory has continued into the second quarter, culminating in an EBIT margin at 28.5 %. .... In summary, it is important to consider the increased running costs resulting from the establishment of direct sales operations in China, Canada, and Sweden last year, as well as the implementation of a second shift in probe production. Despite these higher costs, we have successfully improved total sales growth and are seeing the EBIT margin return to historical levels. Medistim’s financial position remains robust, with an equity ratio of 80.4%, no interest-bearing debt, and a cash position of 107.1 MNOK following a dividend payout of 82.4 MNOK in May. 15th August, 2024 Kari E. Krogstad President & CEO https://www.medistim.com/investor-relations/financial-reports-and-presentations