Attendo AB (publ) (ATT) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Attendo Q2 Report twenty '26. For the first part of the conference call, the participants will be in listen only mode. During the questions and answer session, participants are able to ask questions by dialing Now I will hand the conference over to CEO, Martin Tvejes and CFO, Michael Malmgren. Please go ahead. Thank you, and good morning, everyone. Today we present Attendo's results for the second quarter of twenty twenty six. As usual, we'll focus on the key drivers behind our performance, our operational progress and how we continue to execute our strategy. I will start by giving a general update on the development in the quarter and then our CFO, Mikael Maung Guern will take you through the financials in more detail. Next slide please. So let me start with the key highlights from the quarter. I'm pleased to present a strong quarter with improved results in both business areas, driven by higher occupancy, improved operational efficiency and a strong delivery on our quality indicators. Customer satisfaction reached the highest level we have measured so far and employee satisfaction continues to improve from already high levels. While reported net sales increased by 1%, underlying growth in continuing operations remains strong at around 5%. The delta is explained by ended or ending outsourcing and home care contracts in Sweden as well as currency effects. Profitability improved significantly with lease adjusted EBITDA increasing by 56% to SEK $321,000,000. On the rolling twelve month basis, this adjusted EBITDA margin improved by two percentage points to 7.8% for the group. Adjusted earnings per share increased by close to 80% in the quarter and we delivered a strong free cash flow of SEK $269,000,000, supporting increased investments in new capacity. By c...