Humana Ab · OMXSTO:HUM
Humana Ab — Q1 2026 Earnings Presentation
19 slides from Humana Ab's earnings presentation, Apr 24, 2026
Slide 1: Q1 2026 Interim Report
Q1 2026 April 24, 2026 Interim Report
Slide 2: Agenda
Agenda Introduction A quarter with Financials positive signals, bridging the profitability gap YoY and taking a major step Operational performance forward in quality competition Concluding remarks Questions and answers
Slide 3: Shaping the future of Nordic welfare
Shaping the future of Nordic welfare Net Revenue by country EBIT by country 13% Finland 10% Norway Sweden 23% 27% 64% 63% LTM (SEK) Humana as an investment • Resilient to an uncertain macroeconomic environment • Low risk through diversified portfolio across markets • Offers attractive cash distribut
Slide 4: Q1 Highlights
Q1 Highlights • Profitability improvement in Sweden from 4.3% to 4.6%. • Acquisition of Familiehjelpgruppen AS in Norway completed. Yearly revenue of NOK 120m. • Acquisition of Homsan AB in Sweden. Yearly revenue of SEK 63m. • Agreement regarding construction of an elderly care home of 100 placement
Slide 5: Opening of new specialised LSS unit
Opening of new specialised LSS unit • 4 places within LSS • Target group with complex behavioral problems and comorbidity • Specially built environment with individually adapted solutions • Evidence-based methods • High staffing and cross-professional team • Positive behavioral support, low-affectiv
Slide 6: Q1 2026 Financials
Financials Ke) N O N ©)
Slide 7: Revenue development
Adj. EBIT development Revenue development Revenue development LTM Revenue development bridge 5,4% -4% 4,2% 10,295 10,421 10,421 10,215 10 421 9,736 10,004 10,011 9,954 9,611 4,2% 3,0% -366 144 9 954 3,0% -115 -130 8,8% Q1 2024 Q2 Q3 Q4 Q1 2025 Q2 Q3 Q4 Q1 2026 Revenue Divestment Personal FX Growth R
Slide 8: Adj. EBIT development
Adj. EBIT development Adj. EBIT development Performance Underlying profitability improvement 5,4% 5.0% 5.0% 5.1% 4.8% 4.8% 4.9% 4.8% 4.8% 4.6% -9% 4,2% 527 499 518 500 496 478 478 441 471 4,2% 108 1 1 108 5 -7 3,0% 3,0% 8,8% Q1 2024 Q2 Q3 Q4 Q1 2025 Q2 Q3 Q4 Q1 2026 Adj EBIT Q1 Sweden Norway Finland
Slide 9: Utilisation of free cash flow LTM
Utilisation of free cash flow LTM 205 -32 -50 -135 -17 -29 Free Cash Acquisitions Dividend Share FX Change net flow buyback rates/Other debt (SEKm)
Slide 10: Q1 2026 Operational performance
Q1 2026 Operational performance
Slide 11: Sweden
Sweden Improved profitability 8.0 Key Takeaways 6.7 4.3 4.6 3.8 4.2 2.9 4.1 1.8 Individual & Family -0% • Increased margin from 4.3 % to 4.6 % 1,613 1,623 1,612 1,610 1,580 1,610 1,603 1,596 1,579 • Increased occupancy • Efficiency program starting to show effects • Acquisition of Homsan AB. Yearly
Slide 12: Norway
Norway Stable performance Key Takeaways 7.5 7.1 9.0 7.2 4.3 5.0 5.2 3.7 5.2 • Stable adj. operating margin of 5.2% (5.2%). • Acquisition of Familiehjelpgruppen completed. Strengthening +1% our offering in the care chain for Child & Youth. Annual revenue 570 595 569 561 551 554 576 of NOK 120m. 401 2
Slide 13: Finland
Finland Improved underlying profitability Key Takeaways 10.7 10.3 6.5 4.2 3.5 5.6 3.5 3.2 • New sales organization beginning to give effect -1.3 • Increased occupancy and profitability within Child and Youth -16% 495 503 480 480 • Decreased number of clients in open care 384 335 336 333 322 • Growth
Slide 14: Financial targets and development
Financial targets and development Organic Growth Profitability Capital Structure 7% 3.8x 5.0 3.6x 3.4x 3.0x 3.0x 0.6 0.4 4.8% 5.0% 5.0% 5.1% 4.8% 4.9% 4.8% 4.8% 2.7x 2.7x 2.8x - 0.7 - 0.8 - 0.2 - 0.4 - 1.0 4.6% 2.6x - 1.7 - 1.3 2.5x -4% -9% 10,421 9,954 527 9,611 478 +2% 441 1,528 1,306 1,335 Q1 Q2
Slide 15: EBIT growth supported by efficiencies
EBIT growth supported by efficiencies Ongoing initiatives to deliver on mid term targets 7,0% 0,4% 0,4% 0,6% Acquisition of 0,1% Familiehjelp- 0,7% gruppen and 4,8% Contracts Homsan Strengthened signed sales and Several marketing initiatives capacity ongoing On track Current Efficiency program Ongoing
Slide 16: Q1 2026 Concluding remarks
Q1 2026 Concluding remarks
Slide 17: Focus going forward
Focus going forward • Fill unused capacity • Continue to build pipeline for organic growth • Complete efficiency program • Continued AI and digitalisation efforts Good position for margin improvement going forward
Slide 18: Q&A
Q&A
Slide 19: Thanks!
Thanks! Financial Calendar AGM 1 June 2026 Interim Report Jan-Jun, Q2 2026 17 Jul 2026 Interim Report Jan-Sep, Q3 2026 22 Oct 2026 Year-End Report Jan-Dec, Q4 2026 5 Feb 2027 Further Information Ewelina Pettersson Head of Investor Relations +46 73 074 7912 ewelina.pettersson@humana.se 19