Humana Inc. · NYSE:HUM
Humana — Q2 2024 Earnings Presentation
13 slides from Humana's earnings presentation, Jul 19, 2024
Slide 1: Interim Report Q2 2024
Everyone is entitled to a good life. Interim Report Q2 2024 July 19, 2024
Slide 2: Significantly improved adjusted operating profit
Significantly improved adjusted operating profit Adjusted operating profit Change programme in Elderly care in Finland improved by 40 % elderly care in Sweden divestment generating clearly bearing fruit EUR 25m in cash Operations in Norway Nathalie Boulas Nilsson doubled through new President and CE
Slide 3: Growth development and Adjusted EBIT contribution Q2
Growth development and Adjusted EBIT contribution Q2 Performance Organic Growth & Adj. EBIT % Q2 5,4% 5,4% 4,2% 4,2% 3,0% 3,0% 8,8% 8,8% -2,1% -2,1% - Interim Report Q2 2024 - 3
Slide 4: Sweden
Sweden Very strong improvement in elderly care, partly offset by lower volume in personal assistance Performance Key Takeaways • Turnaround in elderly care • Price increases • Increased occupancy • Continued net-loss of customers in personal assistance • Adaptation of overhead costs ongoing • Lower
Slide 5: Finland
Finland Implementation of specialisation strategy Performance Key Takeaways • Agreement entered to divest elderly care units • Continued shift towards more specialised care within child and youth segment • Improved profitability despite one-time salary payment of approx. 11 MSEK in accordance with c
Slide 6: Norway
Norway Expansion and stable performance Performance Key Takeaways • Continued high organic growth of 12% • Price increases, especially in young • Higher share of clients with complex demands • Somewhat pressured margins, mainly due to higher staff costs • Acquisition of Team Olivia consolidated from
Slide 7: Financial targets and development
Financial targets and development Organic Growth Profitability Capital Structure - Interim Report Q2 2024 - 7
Slide 8: Operating Cash Flow
Operating Cash Flow Good cash flow generated from operations - Interim Report Q2 2024 - 8
Slide 9: Items affecting comparability and seasonality effects
Items affecting comparability and seasonality effects For the second quarter 2024 A quarter with positive signals, bridging the profitability gap YoY and taking a major step forward in quality competition - Interim Report Q2 2024 - 9
Slide 10: Quality and Social impact
Quality and Social impact Driving the future of welfare - Interim Report Q2 2024 - 10
Slide 11: Alla har rätt till ett bra liv. Ja, alla.
Alla har rätt till ett bra liv. Ja, alla. - Quality & Sustainability - 11
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 Q2 2024 - 12
Slide 13: Thanks!
Thanks! Financial Calendar Further Information Ewelina Pettersson Interim report Jan-Sep, Q3 2024 23 Oct 2024 Interim report Jan-Dec, Q4 2024 6 Feb 2025 Head of Investor Relations +46 73 074 7912 ewelina.pettersson@humana.se - Interim Report Q2 2024 - 13