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 2023 Medacta Group SA Earnings Call Transcript

Sep 22, 2023 / 01:00PM GMT

Release Date Price: CHF121.2 (-1.78%)

Transcript

Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Medacta Group First Half 2023 Financial Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Francesco Siccardi, CEO of Medacta Group. Please go ahead, sir.

Francesco Siccardi

Medacta Group SA - CEO

Thank you very much, and welcome to the H1 '23 results for Medacta. I will go over the key financial figures together with Corrado Farsetta, Medacta Group CFO.

On first slide, we can see our already reported top line, reaching EUR 255 million, a very solid growth, over 21% in constant currency and 20.8% reported. And we are reporting as well a good increase, both, of course, in absolute terms, but in percentage as well for our adjusted EBITDA margin reaching 28.2%. This performance is especially good considering the headwind translational effect we had in terms of currency. We increased as well our headcount, both in the quarter and in the different markets, adding close to 100 new jobs and reaching

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