Medserv expects EBITDA of €19.5 million in FY2025

The MSE Equity Price Index increases by 0.16% to 3,721.378 points reflecting the gains of BOV and MPC. Meanwhile, eight other equities closed unchanged, albeit trading activity remained muted at under €90,000. Download today’s Equity Market Summary, 

Today, MedservRegis plc published a Prospectus following regulatory approval for the admissibility to listing on the Official List of the Malta Stock Exchange of up to €25 million in a mix of 5.50% euro-denominated unsecured bonds and 6.50% US dollar-denominated unsecured bonds maturing between 2031 and 2036. The entire €25 million in nominal value of the bonds has been reserved for the holders of the 4.50% euro-denominated unsecured bonds and the 5.75% US dollar-denominated unsecured bonds, both redeemable on 5 February 2026. The forecasts within the Prospectus showed that the Group is expecting revenue of €84.1 million in 2025, which is 5.4% higher than the previous projected figure of €79.8 million. EBITDA is expected to amount to €19.5 million, which is 8.8% higher than the previous forecast of €18.0 million. In 2026, Medserv expects revenue of €86.9 million and EBITDA of €19.0 million.

Bank of Valletta plc increased by 0.5% to the €1.89 level over five deals amounting to 2,400 shares. Last Friday, BOV announced that it received regulatory approval for an Unsecured Euro Medium Term Bond Programme of up to €325 million. The first series and first tranche of Tier 2 bonds under the Programme consisting of up to €125 million 5.0% subordinated bonds maturing in 2030-2035. The offer period opens on 5 November 2025.

A single trade of 1,700 shares pushed the share price of Malta Properties Company plc 1.9% higher to the €0.33 level.

Simonds Farsons Cisk plc closed unchanged at the €4.98 level across four deals totalling 4,581 shares.

Quinco Holdings plc held the €1.23 level on a single trade of 600 shares.

Mapfre Middlesea plc closed unchanged at the €1.31 level as 10,746 shares changed hands.

Malta International Airport plc traded flat at the €5.90 level on two deals totalling 1,400 shares.

One deal of 12,900 shares left the share price of Hili Properties plc unchanged at the €0.22 level.

HSBC Bank Malta plc (€1.43), MIDI plc (€0.18) and Malita Investments plc (€0.45) also closed unchanged.

The RF MGS Index rose by 0.10% to 917.778 points as trade tensions remained between US and China. Oil futures fell to the lowest levels in more than four years as industry data showed signs of oversupply.

 

This report contains only public information and is not to be construed as investment advice or an offer to buy or sell securities. Information contained herein is based on data obtained from sources considered to be reliable, but no representations or guarantees are made with regard to the accuracy of the data. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Rizzo, Farrugia & Co. (Stockbrokers) Limited is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange.