Medcomtech, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
May 15, 2021 at 01:10 am
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Medcomtech, S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 17.171 million compared to EUR 16.820 million a year ago. Operating loss was EUR 157,278 compared to operating Income of EUR 8.766 million a year ago. Net loss was EUR 1.838 million compared to net income of EUR 4.161 million a year ago.
Medcomtech SA is a Spain-based company primarily engaged in the distribution and wholesale of technologically advanced products in the areas of orthopedics, traumatology and neurosurgery in Spain and Portugal. The products offered by the Company are structured in three divisions: Orthopedics, which distributes knee and hip prostheses; Spine, which compres techniques and implants for the treatment of diseases associated with the vertebral column, and Traumatology and Biomaterials, which includes a variety of products used in the treatment of both upper and lower extremities fractures. As of December 31, 2011, the Company owned fully consolidated subsidiaries Medcom Tech Italia Srl and Mctpor Unipessoal Lda.