Humana Inc. · NYSE:HUM
Humana — Q3 2024 Earnings Presentation
19 slides from Humana's earnings presentation, Oct 23, 2024
Slide 1: Interim Report Q3 2024
Everyone is entitled to a good life. Interim Report Q3 2024 October 23, 2024
Slide 2: Continued improvement in profitability
Continued improvement in profitability Improvements leading to Integration of Team Olivia Stable performance in Finland, Positive development for record high adjusted operating Norway according to plan restrained demand in open conditions in personal profit of SEK 203m care services assistance in Sw
Slide 3: Strong foundation
Strong foundation Value based culture Strong focus on satisfied customers and employees At the forefront of research and service development Measuring outcomes Improve conditions for customers and society at large A solid specialisation strategy
Slide 4: Driving the future of welfare
Driving the future of welfare Quality and social impact
Slide 5: History of growth through acquisitions
History of growth through acquisitions 5
Slide 6: My short term agenda
My short term agenda Optimise specialisation strategy Strengthen internal governance and control Efficiency Continued through cost consolidation of control the Humana Group
Slide 7: Growth development and Adjusted EBIT contribution Q3
Growth development and Adjusted EBIT contribution Q3 Performance Organic Growth & Adj. EBIT % Q3 5,4% 5,4% 4,2% 4,2% 3,0% 3,0% 8,8% 8,8% -2,1% -2,1%
Slide 8: Adj. EBIT development
Adj. EBIT development Performance EBIT increase driven by acquisition, price increases and increased occupancy in 5,4% elderly care in Sweden 4,2% 203 4,2% 3,0% 3,0% 8,8% 8,8% -2,1%
Slide 9: Sweden
Sweden Price increases in individual and family and occupancy in Elderly Care drive profitability Performance Key Takeaways • Strong profitability increase in Elderly Care • Price increases • Increased occupancy • Continued net-loss of customers in Personal Assistance • Adaptation of overhead costs
Slide 10: Finland
Finland Stable profitability despite decreased demand in open care Performance Key Takeaways • Stable profitability, good margin • Strong demand in child and youth and persons with disabilities • Price increases • Decreased demand in open care • Divestment of elderly care units expected to finalise
Slide 11: Norway
Norway Acquisition and strong organic growth Performance Key Takeaways • Continued high organic growth of 12% • Price increases, especially in young • Higher share of clients with complex demands • Somewhat lower margins, mainly due to higher staff costs driven by changed regulations for scheduling
Slide 12: Financial summary Q3 24
Everyone is entitled to a good life. Financial summary Q3 2024
Slide 13: Financial targets and development
Financial targets and development Organic Growth Profitability Capital Structure
Slide 14: Operating Cash Flow
411 Q3 2022 Q42022 Q12023 Q22023 Q32023 Q42023 Q12024 Q22024 Q3 2024 EBITDA [ff Non-cash items |) Change in WC [lf Capex — Operating cash flow
Slide 15: Items affecting comparability
Items affecting comparability For the third quarter 2024 A quarter with positive signals, bridging For the third quarter 2023 the profitability gap YoY and taking a major step forward in quality competition
Slide 16: Concluding remarks Q3 2024
Everyone is entitled to a good life. Concluding remarks Q3 2024
Slide 17: 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 creates a new level of stability at Grou
Slide 18: Summary
Summary Focus going forward A quarter with positive signals, bridging the profitability gap YoY and taking a major step forward in quality competition
Slide 19: Thanks!
Thanks! Financial Calendar Further Information Ewelina Pettersson Year-End report Jan-Dec, Q4 2024 6 Feb 2025 Interim report Jan-Mar, Q1 2025 24 Apr 2025 Head of Investor Relations +46 73 074 7912 ewelina.pettersson@humana.se 19