Navamedic ASA: Significant growth across the business
Oslo, 11 August 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 second quarter and first half of 2023. Having experienced strong growth across the business, Navamedic grew its revenues for the first half of 2023 by 41.7 per cent, amounting to NOK 245.7 million.For the first half of 2023, the gross margin was 40.9 per cent, down from 42.9 per cent last year. Adjusted EBITDA (EBITDA less acquisition cost) was NOK 26.3 million, up from NOK 23.3 million in the corresponding