Dividend withdrawn and potential effects of Covid-19 virus on Q1 2020 and remainder of 2020
The board of Medicover has decided to not propose a dividend to the Annual General Meeting as previously announced in the year-end report. The Group expects the first quarter revenue and EBITDA to be largely in line with expectations. The Group expects revenue for second quarter to be comparable to Q2 2019. Furthermore, the Group expects to see a material contraction in second quarter EBITDA as a direct result of restrictions upon the public and ability to maintain services. The Group expects to see a gradual recovery of EBITDA during third quarter with an expected return to