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Medistim Earnings Release 2021

Apr 28, 2021

3662_rns_2021-04-28_d3a6e053-1a41-43f8-8554-c6046a3bd501.html

Earnings Release

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Interim report for Medistim ASA and results for the first quarter 2021

Interim report for Medistim ASA and results for the first quarter 2021

Sales for the quarter ended at MNOK 102.6 (MNOK 103.1), on par with the sales record set in Q1 last year. Currency neutral, sales increased by 1.5%. Second best quarter ever for operating result (EBIT) at MNOK 29.0 (MNOK 24.8), an increase of 17.3% over last year. EBIT margin was 28.3%. Medistim partners with LivaNova as distributor for India. The General Assembly decided to pay a dividend of NOK 3.00 per share.