Attendo AB (OSTO:ATT)
kr 48.35 -0.1 (-0.21%) Market Cap: 7.50 Bil Enterprise Value: 23.64 Bil PE Ratio: 19.73 PB Ratio: 1.46 GF Score: 61/100

Q1 2019 Attendo AB (publ) Earnings Call Transcript

May 03, 2019 / 08:00AM GMT
Release Date Price: kr55.15 (+8.24%)
Andreas Koch;publ;Communications;IR Director
Attendo AB

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Good morning, everyone, and welcome to this conference call where we'll present Attendo's results for the first quarter of 2019. My name is Andreas Koch, I'm Communication and IR Director at Attendo. Today's presentation is hosted by our CEO, Martin Tivéus; and our CFO, Fredrik Lagercrantz. And after the presentation, we will open up for question.

By that, over to you, Martin.

Martin Folke TivÃ;us;publ;CEO;President
Attendo AB

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Thank you, Andreas. Let me start by saying that this is a weak quarter with a high opening pace and notably, the situation in Finland pressures on margins. And the margin is far below what you should expect as shareholders long term.

Having said that, we do make progress in several areas. We see a continued positive trend in home care, sales in new beds are increasing, we demonstrated strong growth in all operations in Finland and we

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