United Medical Group's IFRS net profit for 6 months of 2024 amounted to €43.2 million, down 20.2% from €54.15 million in the previous year. Revenue declined 9.6% to €125.85 million from €139.17 million a year earlier.

The Board of Directors of United Medical Group, the European Medical Center holding company, has recommended that it not pay any dividends based on the results of 2023. The company last paid an interim dividend of €0.4269 per share for the first six months of 2021. According to the results of 2021 and 2022, no decision was made on the payment of dividends.

United Medical Group's IFRS net profit for 2023 amounted to €104.22 million, up 2.3 times from €45.04 million in the previous year. Revenue fell 17.1% to €270.48 million from €326.27 million a year earlier.

Igor Shilov and other EMC shareholders sold a controlling stake in the company to the EMC management team. Stake was bought by CEO Andrey Yanovsky, CFO Dmitry Shmelev and HR and Organizational Development Director Svetlana Miklukha. "We believe that the transaction will lead to further improvement of corporate governance standards and will be positively rece...