Navamedic ASA: Q2 and first half 2020 financial results
Oslo, 20 August 2020 – Navamedic ASA (OSE: NAVA) grew revenues by 5.5% in the first half of 2020 compared to the same period last year. The company reported revenues of NOK 42.1 million in the second quarter of 2020 with an EBITDA of NOK -2.1 million, affected by Covid-19. Navamedic continued to strengthen its growth platform in the period and reiterates its mid- to long-term ambition of building a NOK 500 million company.“In the first half of the year, we took important steps as a pureplay Nordic pharma company targeting growth in Northern Europe. We continued to grow our portfolio of