Healthcare and care provider Attendo reported a decline in revenue for the fourth quarter compared to the same period last year, while net profit rose. The board is proposing an increased regular dividend.
Revenue fell by 1.7 percent to 4,796 million kronor (4,878). Organic sales growth was 0.1 percent (2.2).
"Reported net sales in Scandinavia declined slightly compared to the previous year, but growth in core operations, excluding contracts that have ended or are set to end, was more than 8 percent. During the quarter, we saw clear effects from the measures we have taken to change working methods and reduce our central costs. Our efforts to increase occupancy and improve staffing planning are also now yielding results," said CEO Martin Tivéus in a comment.
EBITA amounted to 494 million kronor (394), with an EBITA margin of 10.3 percent (8.1).
Lease-adjusted EBITA was 343 million kronor (225).
Profit after tax came in at 259 million kronor (108). Earnings per share amounted to 1.75 kronor (0.70). Adjusted earnings per share were 1.65 kronor (0.97), an increase of 70.1 percent compared to the previous year.
The proposed regular dividend is 1.80 kronor per share (1.20).
Free cash flow amounted to 482 million kronor (422).
"As we now leave 2025 behind and look ahead to 2026, we do so with a strengthened financial position, a clear focus on our important social mission, and high ambitions. We are increasing our investment rate and now have 800 new care places under construction. With our expertise in various care needs and our close cooperation with Swedish municipalities and Finnish welfare regions, we are ready to meet the growing demand for care in the coming years," said CEO Martin Tivéus in a comment.
Attendo AB (publ) is a Sweden-based company, which is primarily active within care services industry. The Company offers a variety of services, such as care for older people, people with disabilities, individuals and family care. In nursing homes, clients live in their own apartments with access to common areas such as a dining hall, living room, garden and patios. Daily activities are planned by the client together with their contact person and the responsible nurse. Attendo Ab (publ) operates group housing for adults, homes for children with special needs and short-term housing for adults and children. The Company offers individual and family care that covers the social service needs, such as consultant-supported family home care, crisis and emergency housing, dependency care, neuropsychiatry for young people and various forms of support housing.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
