Ambea AB (publ) (AMBEA) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you so much and welcome to Ambea's presentation of the fourth quarter 2025. I'm Mark Jensen, CEO, and with me today is Benno Eliasson, CFO. We will start with a brief 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 Q&A. Ambea is the leading care provider in the Nordics with operations across Sweden, Norway, Denmark, and Finland. We operate through strong brands and business areas covering elderly care, social care, and staffing and competent solutions. This breadth and scale create resilience and long-term growth potential. In 2025, we reached over 16 billion SEG in sales and delivered an adjusted EBITDA margin of 9.6% on group level. And we continue to grow through both organic expansion and acquisitions. Let's go straight to the highlight of the fourth quarter. Quarter four was characterized by strong growth and continued investment to support future growth, which I will come back to. Net sales increased by 15%, mainly driven by acquisitions, but also solid organic growth. We continue to build our pipeline of new care places and expand capacity in Vårdokker and Nytida, while Validia strengthened its positions through acquisitions in child welfare services. At group level, adjusted EBITDA amounted to 347 million SEK, with an adjusted EBITDA margin of 8.3%. Let's look at our future growth. Organic growth is a cornerstone of our strategy, and the demand for care continues to rise across the Nordics. We have almost 1,700 care places in our pipeline, which is an industry leading number in the Nordic care sector. During the quarter, we added new contracts and expanded our own management pipeline. Vårdokker signed two new contracts for new nursing homes in this quar...