Report
Jesper Birch-Jensen ...
  • Rickard Anderkrans

MedicaNatumin - Leaving a challenging 2019 behind

Sales of SEK 75.2m for EBIT margin of 1.5% Well-positioned in new sales channels going into 2020 EV/EBIT of 13.3-11.3x for ’20e-‘22e
Underlying
Medica Clinical Nord Holding AB

MedicaNatumin AB, formerly Medica Clinical Nord Holding AB, is a Sweden-based company, focused on the research, development and sales of nutritional products (nutraceuticals) and food supplements. The Company has a network of distributors in the United States, South America, Asia, Europe and Scandinavia. The Company's product portfolio comprises such products as Jabushe, which aims to reduce wrinkles and repair sun-damaged skin, L-Argiplexa that is a dietary supplement, containing L-Arginine, magnesium and other nutrients, as well as Nypozin, which is a dietary supplement with Rosa canina extract. The Company's main shareholders comprise N.P.H I Habo AB, Avanza Pension FAB and Nature Development AB.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Jesper Birch-Jensen

Rickard Anderkrans

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