Attendo AB (OSTO:ATT)
kr 111.2 +1.9 (+1.74%) Market Cap: 15.78 Bil Enterprise Value: 30.88 Bil PE Ratio: 18.85 PB Ratio: 2.94 GF Score: 64/100

Q3 2025 Attendo AB (publ) Earnings Call Transcript

Oct 24, 2025 / 08:00 AM GMT
Release Date Price: kr77.7 (+9.75%)

Key Points

Positve
  • Attendo AB (LTS:0RCY) reported its strongest quarter to date, driven by strong performance in Finnish operations and increased occupancy in nursing homes across Finland and Scandinavia.
  • The company achieved a 20% increase in lease-adjusted EBITDA, reaching 482 million kronor, primarily due to improvements in Finland.
  • Free cash flow was robust at 981 million kronor on a rolling 12-month basis, marking a 37% increase compared to the previous year.
  • Occupancy rates reached 87%, the highest in eight years, supported by rising demand for elderly care and strong cooperation with municipalities.
  • Attendo AB (LTS:0RCY) is on track to exceed its 2026 EPS target of 5.50 kronor, with a current rolling 12-month EPS of 5.34 kronor.
Negative
  • Net sales decreased by 2% to 4.8 billion kronor, impacted by ended outsourcing contracts, homecare exits, and foreign exchange headwinds.
  • Scandinavian operations reported a 4.9% decline in growth, with ongoing challenges from home care exits and outsourcing contract terminations.
  • The company faced a 15 million kronor negative impact from home care exits, equating to approximately 10 million in non-recurring losses.
  • Currency fluctuations had a negative effect on net sales and EBITDA, with a reported 13 million kronor impact.
  • Scandinavian operations are still facing margin pressures, particularly in the home care segment, with expected ongoing effects into Q4 and Q1 next year.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ATTE.ST - Attendo AB (publ)
Q3 2025 Attendo AB (publ) Earnings Call
Oct 24, 2025 / 08:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning everyone.

Today we present attendo's results for the 3rd quarter, Attendo's strongest quarter to date. I'll start by giving a general update on the development in the quarter, then our CFO Mike Momian will take you through the financials in more detail.

Next like this.

So let's start with the highlights from the quarter. Again, this is the strongest quarter to date. The development continued to be positive, mainly driven by strong momentum in our Finish operations and by increased occupancy in nursing homes in both Finland and Scandinavia.

Our strong results enables continued investments in quality, technology, and method development to further improve our ability to solve complex care
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