Navamedic ASA Q1 2023: Another strong quarter
Oslo, 11 May 2023 – Navamedic ASA (OSE: NAVA), a Nordic pharma company and reliable provider of high-quality products to hospitals and pharmacies, today announces its results for the first quarter of 2023. Navamedic experienced good momentum across the business and delivered another strong quarter, with record high revenues of NOK 121.7 million, representing an increase of 93.3 per cent compared to the first quarter of 2022.In the first quarter of 2023, Navamedic’s gross margin was 41.3 per cent, an increase from 39.4 per cent from the corresponding quarter in 2022. EBITDA for the quarter