Humana Inc. · NYSE:HUM
Humana — Q1 2024 Earnings Presentation
13 slides from Humana's earnings presentation, Apr 25, 2024
Slide 1: Interim Report Q1 2024
Everyone is entitled to a good life. Interim Report Q1 2024 April 25, 2024
Slide 2: Diversification creates long-term profitable growth
Diversification creates long-term profitable growth Adjusted operating profit of Strong improvement in Reduced overhead costs Good performance in SEK 100m in line with Finland and lower net customer elderly care in Sweden previous year losses in personal assistance in Sweden Agreement to acquire Tea
Slide 3: Growth development and Adj EBIT contribution Q1
Growth development and Adj EBIT contribution Q1 Performance Organic Growth & Adj. EBIT % Q1 5,4% 5,4% 4,2% 4,2% 3,0% 3,0% 8,8% 8,8% -2,1% -2,1% - Interim Report Q1 2024 - 3
Slide 4: Sweden
Sweden Improvement programmes increasingly shows effect Performance Key Takeaways • Improved performance in elderly care • Reduced pace of customer loss in personal assistance • Price increases • Higher staff costs relative to occupancy in child and youth - Interim Report Q1 2024 - 4
Slide 5: Finland
Finland Specialisation strategy paying off Performance Key Takeaways • Strong demand and high organic growth of 9% • Improved profitability • Price increases • Higher occupancy levels in child and youth and housing services for adult segments • Higher proportion of customers with complex needs in ch
Slide 6: Norway
Norway Strong organic growth Performance Key Takeaways • Continued good demand for our services with record high organic growth reaching 16 % • Price increases fully compensation inflation effects • Higher share of clients with complex demands • Increase in clients within personal assistance • Incre
Slide 7: Financial targets and development
Financial targets and development Organic Growth Profitability Capital Structure - Interim Report Q1 2024 - 7
Slide 8: Operating Cash Flow
Operating Cash Flow Strong cash flow due to improved change in working capital - Interim Report Q1 2024 - 8
Slide 9: Items affecting comparability and seasonality effects
Items affecting comparability and seasonality effects For the first quarter 2024 A quarter with positive signals, bridging the profitability gap YoY and taking a major step forward in quality competition - Interim Report Q1 2024 - 9
Slide 10: Quality and Social impact
Quality and Social impact Driving the future of welfare - Interim Report Q1 2024 - 10
Slide 11: Invest in the future of care in the Nordics
Invest in the future of care in the Nordics Low tied-up capital provides conditions for strong cash flow Competitive advantages are achieved through a unique contribution to the progress of the care sector A diversified portfolio Attractive Higher margins are possible creates a new level of stabilit
Slide 12: Summary
Summary Focus going forward A quarter with positive signals, bridging the profitability gap YoY and taking a major step forward in quality competition - Interim Report Q1 2024 - 12
Slide 13: Thanks!
Thanks! Financial Calendar Further Information Ewelina Pettersson AGM 16 May 2024 Interim report Jan-Jun, Q2 2024 19 Jul 2024 IR manager +46 73 074 7912 ewelina.pettersson@humana.se - Interim Report Q1 2024 - 13