Ambea AB (publ) (AMBEA) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Ambea's presentation of the first quarter twenty twenty six. I am Mark Jensen, CEO. And with me today is Benno Eliasson, CFO. We will start with a brief group overview and our growth drivers, and then Benno will take you through the financials and business areas before we wrap up with concluding remarks and the Q and A. AMBEA is the leading care provider in The Nordics with operations across Sweden, Norway, Denmark and Finland. We operate through strong local brands and business areas covering elderly care, social care and staffing and competence solutions. This breadth and scale create resilience and long term growth potential. In the last twelve months, we reached over SEK16.6 billion in sales and delivered an adjusted EBITDA margin of 9.7% on group level and we continue to grow through both organic expansion and acquisitions. Let's go straight to the highlights of the first quarter. Quarter one was characterized by strong growth with several new care homes opened and one acquisition closed. Net sales increased by 16%, mainly driven by acquisitions, but also solid organic growth. To support growing needs in society, we continue to build our pipeline of new care places and expand capacity across business areas. At group level, adjusted EBITA amounted to million with an adjusted EBITA margin of 9%. The improved result is driven by higher occupancy, operational improvements and acquisitions. At the next slide, we will look at how we build our organic pipeline. On this slide, we show the high pace we have entered the year with. Already in the first quarter, we have signed more new care places than we did in any of the years from 2021 to 2023. 2026 will for sure become a record breaking year in terms of pipeline additions. When needs in society increase, it i...