Attendo AB (publ) (ATT) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you and good morning everyone. Today we present the Tando's results for the fourth quarter and full year 2025. In short, I'm happy with how we ended the year in both our key markets with a continued positive trajectory in Finland and the expected margin uplift in Scandinavia. The result is mainly driven by increased occupancy, more accurate staffing planning and a continued clear focus on quality and stability in operations. Overall, I believe we're well positioned to continue investing in both our people, quality and capacity to meet the growing need for care in society. I will start by giving a general update of the development in the quarter, then our CFO, Mikael Malmgren, will take you through the financials in more detail. Next slide, please. So let me start with the key highlights from the quarter. We delivered a strong quarter with continued improvements across both financial performance and quality. Satisfaction was maintained or increased in all stakeholder groups and reached an all-time high in relative satisfaction. This confirms that our operational improvements are translating into both higher quality and stronger financial outcomes. Net sales amounted to 4.8 billion kronor, down 2% year on year. However, underlying performance remained solid. Adjusted for ended contracts, divestments and currency effects, net sales grew by a healthy 5%, reflecting improved volumes and operational momentum. Occupancy continued to improve and remains a key value driver. It increased by one percentage point sequentially and three percentage points year on year, supporting both revenue growth and margin expansion. Leeds adjusted the beta increased by 53% to 343 million kronor compared to 225 million last year. The improvement was driven by continued progress in both b...