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MedLife (M) investor relations material
MedLife Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated pro forma turnover for the first nine months of 2025 reached RON 2.36 billion, up 19.5% year-over-year, with organic growth at 15.5% and acquisitions contributing 4%.
Pro forma EBITDA increased by 20.4% to RON 349.1 million, with hospitals and clinics leading performance.
Recent investments in equipment, new facilities, and medical teams contributed to improved results.
Expansion included a new operating theater in Craiova and a multidisciplinary hyperclinic in Pitești.
Major acquisitions included Routine Med, All Clinic, and Medstar, expanding the regional footprint.
Financial highlights
Net sales (excluding National Health Program drugs) rose 9.4% to RON 2.16 billion.
Operating profit increased by 18.1% to RON 133 million.
Pro forma net result was RON 2.5 million, down 88% year-over-year, mainly due to FX depreciation.
Operating expenses rose 9.1% to RON 2 billion.
Net cash from operating activities was RON 168 million, a 22% decrease year-over-year, mainly due to working capital changes.
Outlook and guidance
Stable trend expected in the short and medium term, with a prudent approach to investments and focus on operational efficiency.
CapEx for Q4 is low, with future investments to be carefully assessed based on market conditions.
New projects include the Neolife Oncology and Radiotherapy Center in Bacău (Q4 2025) and a hyperclinic in Arad (Q1 2026).
No broad price increases planned for the remainder of 2025; price adjustments for 2026 under consideration.
Management confirmed sufficient liquidity for at least twelve months and ongoing focus on organic growth and acquisitions.
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