Slide 1: Q4 Report Presentation
Q4 REPORT PRESENTATION Martin Tivéus CEO / Mikael Malmgren CFO 6 February 2025
Slide 2: Who we are and what we do
Who we are and what we do Share of Attendo’s net sales* Attendo Q4 2024 Other Individual and family care and social psychiatry 4% ~790 ~33,000 11% Providing cost Care units Employees effective and Disabled care 13% modern solutions… 72% ~30,000 ~21,000 Customers Apt./beds …solving complex Care for o
Slide 3: Attendo positioned for long term value creation
Attendo positioned for long term value creation • Demographic trends are supporting long term market growth • Care needs in society are getting more complex and local authorities lack resources to invest in capacity and competence • Attendo is the leading Nordic provider of cost-effective and high-
Slide 4: Achievements in 2024
Achievements in 2024 Positive development in employee and 1,024 customer satisfaction above industry averages 745 Lease adjusted Continued strong performance in Finland EBITA* (MSEK) 5.4 4.3 Platform acquisition and full integration in Scandinavia Lease adjusted EBITA margin* (%) Solid cash flow gen
Slide 5: Strong finish of the year
Net sales and EBITA (SEKm) Q4 2023 Q4 2024* Q4 2024 highlights +10% Strong finish of the year +118 4,878 254 4,422 • Sales SEK 4.9 bn - growth of 10%, mainly M&A driven 136 • Lease adjusted EBITA excluding non-recurring items SEK 254m* (136) Net sales Lease adjusted EBITA • Finland: Increased profit
Slide 6: High stakeholder satisfaction
Sustainability High stakeholder satisfaction Employee satisfaction, Customer satisfaction, Relatives satisfaction, eNPS cNPS rNPS +15% +15% +16% 23 45 44 20 39 38 Q4 2023 Q4 2024 Q4 2023 Q4 2024 Q4 2023 Q4 2024 Scale from 0 to 100 Scale from 0 to 100 Scale from 0 to 100 • Stable employee satisfactio
Slide 7: Scandinavia stable; Finland slight decrease due to seasonality and openings
Occupancy development Scandinavia stable; Finland slight decrease due to seasonality and openings Occupancy in all homes1, % Total Attendo Scandinavia Attendo Finland 100 95 90 86 86 86 86 86 86 86 85 85 85 85 83 83 84 84 84 83 82 82 81 81 81 80 80 75 0 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q
Slide 8: Continued margin improvement led by strong development in Finland
Margin and net sales development Continued margin improvement led by strong development in Finland Net sales R12, SEK Billion 1,2 Attendo lease adjusted EBITA %, R12M Net sales Scandinavia Net sales Finland Lease Adj EBITA R12, % 20 6.5 19.0 18.5 18.1 6.0 17.6 17.3 16.7 5.4 5.5 15.8 15.1 4.9 15 14.5
Slide 9: Growth driven by acquisitions
Sales development Growth driven by acquisitions Net sales; SEK million 10% 4,878 3 354 4,422 128 -29 Q4 2023 AS - organic AF - organic Acquisitions Currency Q4 2024 AS = Attendo Scandinavia; AF = Attendo Finland 9
Slide 10: AF main driver for improved profit
EBITA development AF main driver for improved profit EBITA; SEK million +148 423 29 -29 394 7 103 169 169 275 8 139 +118 254 225 136 IFRS16 effect Lease adjusted Q4 2023 AS* - AF - lease Other IFRS16 Currency Q4 2024* Non- Q4 2024 lease adjusted effect recurring adjusted items * Q4 2024 excluding in
Slide 11: Attendo Finland Q4 2024: Strong profit and margin improvement
Attendo Finland Q4 2024 Strong profit and margin improvement Organic growth 5 percent (local currency) MSEK % • Higher prices y/y 300 7 250 6 • More sold beds 200 201 5 4 150 98 3 100 2 50 Improved profits and margin 1 0 0 • Positive price effects -50 -1 -55 • Lower personnel costs, mainly more effi
Slide 12: Attendo Scandinavia Q4 2024: Higher profits in acquisitions and own nursing homes
Attendo Scandinavia Q4 2024 Higher profits in acquisitions and own nursing homes MSEK % High net sales growth 180 7 • Team Olivia acquisition main contributor 160 6 • More sold beds in own nursing homes 140 5 120 100 4 80 Profits hampered by integration and seasonality 80 61 69 3 60 • Team Olivia ac
Slide 13: Continued high and stable free cash flow
Continued high and stable free cash flow SEKm Q4 2024 Q4 2023 R12 Operating profit (EBITA) 394 275 1,520 Paid tax, non cash items and depreciation 477 426 1,849 Cash flow before changes in working capital 871 701 3,369 Change in working capital 214 284 -84 Cash flow after changes in working capital
Slide 14: Utilization of free cash flow
Utilization of free cash flow Q4 2024 R12, MSEK 732 -159 -362 -1,062 -52 -903 Free cash flow Dividends Repurchase of own Acquisitions Fx, other Effect on net debt shares and warrant transactions 14
Slide 15: Key financial metrics on right track and improving
Key financial metrics on right track and improving EPS bridge; Q4 2024 vs Q4 2023; SEK Lease adjusted EBITA margin* R12, % Adjusted EPS Q4 2023 0.54 6 5.4% Changes in lease adjusted EBITA 0.65 4.9% 5 4.5% 4.6% 4.3% Changes in financial items -0.04 4 Changes in income tax -0.22 3 Changes in number of
Slide 16: Adjusted EPS run-rate points higher than reported full year 2024
Adjusted EPS run-rate points higher than reported full year 2024 Adjusted EPS 2024, SEK > 5.50 4.37 4.08 0.18 0.11 3.02 0.68 2022 2023 2024 Closing balance Integration costs 2024 2026 number of shares pro forma* * Adjusted EPS is calculated including integration costs divided by average number of sh
Slide 17: Summary of 2024
Summary of 2024 • Higher stakeholder satisfaction. Customer satisfaction better than public sector and industry average • Operational improvements in Scandinavia and strong contribution from Team Olivia-acquisition • New brands in Scandinavia strengthen market position in important segments • Improv
Slide 18: our Me ut
our Me ut INTO UT