Medacta Group SA (XSWX:MOVE)

CHF 110.2 3.6 (3.38%) Market Cap: 2.20 Bil Enterprise Value: 2.22 Bil PE Ratio: 41.03 PB Ratio: 6.64 GF Score: 93/100

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Half Year 2020 Medacta Group SA Earnings Call Transcript

Sep 07, 2020 / 01:00PM GMT

Release Date Price: CHF87 (+3.94%)

Transcript

Operator

Dear ladies and gentlemen, welcome to the conference call of Medacta Group SA on the 2020 half year results. At our customer's request, this conference will be recorded. (Operator Instructions)

May I now hand you over to Medacta's CEO, Mr. Francesco Siccardi, who will lead you through this conference. Please go ahead.

Francesco Siccardi

Medacta Group SA - Founder, CEO & Member of the Group Executive Management

Thank you. Thank you very much and welcome to H1 results for Medacta. I will go through very quickly on the highlights of this very, in particular, semester we all experienced and then we're going to dive into the full P&L analysis.

So in terms of H1 2020, we already discussed the revenues in July at EUR 134.8 million with a negative growth of 11% versus the previous period. This is of course a negative growth, but we were all expecting even more negative impact due to the COVID.

We have seen, and that's probably in the first highlight of today, that not only June and July we're registering a double-digit growth, but

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