Humana AB (publ) (HUM) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to Humana's Q1 presentation. With me today, I have our CEO, Nathalie Bolas-Nilsson, and our CFO, Christopher Heroux. They will walk you through Humana's development in the first quarter, and after that, we open up for questions. If you wish to ask questions, press pound key five. And with that, I leave the word to Nathalie. Please go ahead. Thank you. We will give you a short introduction, followed by financials and operational performance. We will then wrap it up with concluding remarks and open up for questions. Humana is a Nordic care provider with a high degree of specialized care. We have a well diversified portfolio of services in the Nordic countries, with Sweden being the largest market, followed by Norway and then Finland. As regards our Q1 highlights, we are expecting executing on our plan to reach our financial targets. And we have in Q1 seen that the efficiency program that to a large extent targets the Swedish market, as well as the new sales and marketing organizations are beginning to show on the margin, both through lower costs and through an increase in occupancy during the quarter. The adult and the elderly care segments in Sweden have an improved occupancy and even the child and youth segments experience an increase in the later part of the quarter. We completed the acquisition of Familjehjälpgruppen in Norway with a yearly turnover of 120 million NOK on 1 February. We continued with bolt-on acquisitions in our targeted areas with the acquisition of Homsan in Sweden with LSS units in the Stockholm area and a yearly revenue of 63 million SEK. We have during the quarter, as mentioned already in our previous call, signed an elderly care home in Sollentuna with 100 placements. And we have also during the quarter signed lease c...