Inactive Instrument

Medica Group Plc

Equities

MGP

GB00BYV24996

Healthcare Facilities & Services

Medica Group plc Announces Revenue Results for the Year Ended 31 December 2018; Provides EBITDA Guidance for the First Half of 2019

January 24, 2019 at 02:00 am EST

Medica Group Plc announced revenue results for the year ended 31 December 2018. The Company has achieved revenue for the year of £39.0m, an increase of 15.6% year on year, driven by increased demand for NightHawk and Cross-Sectional services, in line with the Company's strategy.

The company provided EBITDA guidance for the first half of 2019. The Company also expects to maintain the EBITDA margin of around 30% as seen at the H1 report. The Board expects the Company's performance for 2018 to be in line with market expectations.

Latest news about Medica Group Plc

Medica Group Plc acquired Jca Seminars Limited.	23-10-05	CI
Strategic Equity receives GBP31 million from Medica takeover	23-07-19	AN
Strategic Equity Capital Generates GBP31 Million in Proceeds from Medica Group Sale	23-07-19	MT
Medica Group Delists in London After IK Investment Partners Acquisition	23-07-07	MT
Moonlight Bidco's Takeover of Medica Group Becomes Effective	23-07-06	MT
Medica Group Plc(LSE:MGP) dropped from FTSE All-Share Index	23-07-06	CI
IK Investment Partners Fund IX managed by IK Partners completed the acquisition of Medica Group Plc.	23-07-05	CI
Medica agrees to GBP269 million all-cash takeover by IK Investment	23-07-04	AN
UK Court Approves IK Investment Partners' Medica Acquisition	23-07-04	MT
FTSE 100 Closes Up 0.8% Lifted by Banks	23-06-30	DJ
Market Pricing of BOE's Interest-Rate Rises Seen Excessive	23-06-30	DJ
FTSE 100 Rises as UK Economy Avoids Contraction in 1Q	23-06-30	DJ
UK June House Price Slip Shows Buyer Pressures	23-06-30	DJ
Medica shareholders back takeover; Arecor optimistic	23-06-09	AN
Analysis-Smaller UK firms attractive targets for PE buyouts	23-06-05	RE
Medica Group fails to re-tender for new screening contract	23-05-26	AN
FTSE 100 Closes Slightly in Red as Basic Resources, Telecoms Drag	23-04-24	DJ
Stocks and dollar edge lower ahead of US GDP	23-04-24	AN
Stocks tread water ahead of US tech earnings	23-04-24	AN
HSBC Vs. Shareholders Battle Over Breakup Intensifies	23-04-24	DJ
Medica surges on GBP269 million takeover	23-04-24	AN
Medica surges on GBP269 million takeover deal from IK Investment	23-04-24	AN
FTSE 100 kicks off week on tepid note; Medica hits five-year high	23-04-24	RE
FTSE 100 Led Lower By Mining and Energy Shares	23-04-24	DJ
Sterling Could Rise as Asset Managers Trim Bets Against Currency	23-04-24	DJ

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Company Profile

Medica Group PLC is an international provider of telemedicine services. The Company's principal activity is the provision of teleradiology reporting. Its network of consultant radiologists, radiographers and specialist doctors interpret and report magnetic resonance imaging (MRI), computerized tomography (CT), ultrasound and X-ray images on behalf of healthcare providers, using the Company's technology platform for fast and responsive delivery. The Company's core services include NightHawk, an urgent, out-of-hours offering available to clients 24/7 with dedicated pathways for stroke and major trauma, and Elective, for routine reporting. In Ireland, it carries out patient scanning, as well as reporting, and runs a diabetic retinopathy screening program for the national screening service. Through its United States business, RadMD, it provides global pharmaceutical and biotech companies, as well as contract research organizations with specialist imaging services for clinical trials.

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Healthcare Facilities & Services

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