Attendo AB (LTS:0RCY)
kr 50.275 -0.3 (-0.59%) Market Cap: 7.74 Bil Enterprise Value: 23.83 Bil PE Ratio: 20.08 PB Ratio: 1.48 GF Score: 80/100

Q3 2024 Attendo AB (publ) Earnings Call Transcript

Oct 24, 2024 / 08:00AM GMT
Release Date Price: kr49.4 (+2.17%)
Martin TivÃ;us;publ;Chief Executive Officer and President
Attendo AB

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Good morning, everyone. Today we're presenting the Q1 results. We'll also present updated financial targets as we're approaching the end of the turn-around program we initiated in the beginning of 2021.

With the acquisition of Team Olivia's care business in Sweden, sustainable terms in Finland, and a stronger financial position, Attender is well positioned to create value for customers, payers, and shareholders in the ERC camp. I'll start by giving you an update on the development in the first quarter together with our CFO, Mikael Malmgren.

In the second part of this presentation, we'll move into the updated financial targets.

Slide 2. Attendo's had a positive momentum during the past year, reflecting the outcome of the turn-around program that we launched in 2021. In the first quarter, organic growth was 8% and EBITA increased with 39% year over year. Both sales and EBITA improvements are entirely attributable to the improvements in our operations in

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