Ambea AB (publ) (AMBEA) Q1 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Ambea Ab.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.700 Welcome everyone. Today we will review Ambea's performance for the first quarter of 2025. 00:00:05.700 -- 00:00:11.709 My name is Mark Jensen. I'm CEO of Ambea and I'm joined by our CFO Benno Eliasson. 00:00:11.709 -- 00:00:15.435 Together we will walk you through our results and highlights and the key developments 00:00:15.435 -- 00:00:17.258 during this period. 00:00:17.258 -- 00:00:21.024 After that I will summarize the quarter and compare Ambea's performance to our financial 00:00:21.024 -- 00:00:24.146 targets before we open for questions. 00:00:24.149 -- 00:00:27.267 I would like to begin with a brief overview of Ambea. 00:00:27.267 -- 00:00:30.670 Ambea remains the leading care provider in Sweden, Norway, and Denmark, and with the 00:00:30.670 -- 00:00:34.694 market entry in Finland, we offer high-quality care and support for over 16,000 care 00:00:34.694 -- 00:00:39.998 receivers across more than 1,000 units in the four largest Nordic countries. 00:00:39.998 -- 00:00:45.621 And with that in mind, let's look at the acquisition of the Finnish business in Validia. 00:00:46.063 -- 00:00:49.967 The acquisition of Validia was closed according to plan on April 1st. 00:00:49.967 -- 00:00:54.091 Validia will be reported as a new business area and be consolidated in Ambea's accounts 00:00:54.091 -- 00:00:56.917 with full effect in the second quarter. 00:00:56.917 -- 00:01:01.261 The reception to Ambea's acquisition has been positive from Valida's employees and customers 00:01:01.261 -- 00:01:06.266 alike, and we are impressed with the quality and engagement of the local team. 00:01:06.266 -- 00:01:09.390 The integration of Valida is proceeding according to plan. 00:01:09.390 -- 00:01:13.694 Valida is a platform acquisition in a new m...