Terveystalo Oy Ord (TTALF) Q1 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Terveystalo Oy Class A.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.658 Good morning, everybody, and welcome to Terveystal's first quarter 2026 00:00:04.658 -- 00:00:07.502 results call and webcast. My name is Kati Kaksan. 00:00:07.502 -- 00:00:12.910 I'm responsible for investor relations and sustainability here at Terveystal. 00:00:12.910 -- 00:00:18.077 As usual, we'll go through the results with our CEO, Ville Iho, and our CFO, Juuso 00:00:18.077 -- 00:00:23.044 Pajunen, and after the presentation, you'll have time for your questions. 00:00:23.044 -- 00:00:25.748 Without further ado, over to you, Ville. 00:00:25.748 -- 00:00:30.271 Thank you, Kati, and good morning. Let's... 00:00:30.271 -- 00:00:33.212 dive into it. 00:00:33.475 -- 00:00:39.502 So Tervestalo first quarter, during the first quarter, the market was 00:00:39.502 -- 00:00:44.428 even more negative than we expected going into the year. 00:00:44.428 -- 00:00:50.755 That was then clearly reflected into our revenue line, which 00:00:50.755 -- 00:00:55.941 came clearly down. And despite the adjustment measures 00:00:55.941 -- 00:01:02.220 that we did especially in our operations to adjust the ops to lower demand, 00:01:02.220 -- 00:01:07.345 there was a drop through to our adjusted EBIT, which was 00:01:07.345 -- 00:01:10.928 at 34 million euros. 00:01:10.928 -- 00:01:16.073 Quality across the operations and services, high as per standard, even improving, 00:01:16.073 -- 00:01:21.379 which is, of course, a positive sign of a very professional and robust 00:01:21.379 -- 00:01:25.801 organization delivering in any circumstances. 00:01:28.169 -- 00:01:33.177 If one then dives a little bit deeper in what's happening in healthcare 00:01:33.177 -- 00:01:39.348 services market, it is the market that is exceptionally 00:01:39.348 -- 00:01:44.517 n...