MEDI: Third quarter results 2021 for Medistim ASA
2021-10-22 07:55:00
Sales revenues for the quarter ended at MNOK 102.1 (MNOK 83.4), an increase of
22.5%. Sales as of September ended at MNOK 309.2 (MNOK 268.9) a 15.0% increase.
Sales in the USA increased by 11.9 % in NOK. Currency neutral growth was 24.9%.
Currency neutral sales of own products increased by 33% for the quarter.
Total revenues YTD September include the Paycheck Protection Program income and
reach MNOK 314.5.
Operating result (EBIT) for the quarter ended at MNOK 25.1 (MNOK 20.8) a 20.3%
increase. EBIT year to date September ended at MNOK 96.8 (MNOK 73.3), a 32.0%
increase. This is the best operating result YTD September ever.
Cash flow from operations YTD was a solid MNOK 81.2. Cash by the end of the
quarter was MNOK 89.7.