Medacta Group SA (XSWX:MOVE)

CHF 122.4 -0.2 (-0.16%) Market Cap: 2.44 Bil Enterprise Value: 2.62 Bil PE Ratio: 53.63 PB Ratio: 7.83 GF Score: 92/100

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Jul 28, 2023 / 01:00PM GMT

Release Date Price: CHF124.4 (+0.81%)

Transcript

Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Medacta First Half 2023 Preliminary Unaudited Top Line Figures Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Francesco Siccardi, CEO of Medacta. Please go ahead, sir.

Francesco Siccardi

Medacta Group SA - CEO

Thank you very much, and welcome to our first half top line figure presentation. I'm here with Corrado Farsetta and Giorgio Botta, our IR. And I'm happy to go over the highlights of the first half.

We have seen a very strong growth in terms of revenue, more than 21% at constant currency, 20.8% reported. The geographic performance was very strong, both in APAC and U.S., with an even stronger performance in the EMEA segment.

All our business lines were contributing to this performance with really a stellar performance in Knee and Shoulder. We have seen an overall strong market demand sustained by the so-called backlog recovery associated with some of the COVID slowdown and

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