Earnings Release • Aug 15, 2017
Earnings Release
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Results for the first half of 2017 for Medistim ASA
Sales ended at MNOK 69.2 for the quarter (MNOK 67.2). Sales for the
1st half increased by 8.2 % and ended at MOK 143.5 (MNOK 132.7).
Currency neutral growth of own products was 4.7 % and was negatively
impacted by delayed flow probe deliveries amounting to MNOK 5.5.
Currency neutral growth of own products was 10.7 % for the 1st half.
Operating profit (EBIT) for the quarter ended at MNOK 13.6 (MNOK
17.1). Operating profit for the 1st half ended at MNOK 29.7 (MNOK
30.6).
Medistim continues to growth in the US. Currency neutral growth for
the quarter was 11.1 %.
MiraQ, Medistims newest system platform, was cleared for sale in
China in August.
Medistim paid a dividend based upon 2016 results the 8th of May with
MNOK 31.5, NOK 1.75 per share (NOK 1.65 per share).
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