Medicover: Consolidating the Indian Business

Research Note

2019-12-19

14:53

Medicover has passed the 50% mark and will consolidate the Indian operations from December 1st, 2019. We believe this will add approx. EUR 5-7m to our top-line estimates for 2019 and over EUR 70m in revenue for 2020. At this point, we do not have information about profitability, but do not calculate with a negative impact on our 2020 estimates.

GA

Gergana Almquist

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