Brief: Attendo Q1 EBITA Down At SEK 142 Million

Attendo AB (publ)

06/05/2022 07:21

May 6 (Reuters) - Attendo AB (publ)  ATTE.ST :
    * ATTENDO FIRST QUARTER REPORT 2022: HIGH ORGANIC GROWTH BUT
PROFITABILITY UNDER PRESSURE DUE TO THE PANDEMIC
    * HIGH ORGANIC GROWTH DURING Q1 OF 2022, DRIVEN BY HIGHER
PRICES
IN FINLAND AND A NORMALIZED DEMAND FOR NURSING HOMES IN
SCANDINAVIA
    * QUARTER IS BURDENED BY HIGH SICK LEAVE COSTS IN FINLAND AS
A
RESULT OF SHARP SPREAD OF INFECTION, WHICH IS EXPECTED TO
GRADUALLY DECREASE BUT WILL CONTINUE TO HAVE A NEGATIVE IMPACT
ON EARNINGS DURING Q2
    * Q1 NET SALES SEK 3,482 MILLION VERSUS SEK 3,062 MILLION
YEAR AGO
    * Q1 EBITA SEK 142 MILLION VERSUS SEK 183 MILLION YEAR AGO

Source text for Eikon:  ID:nWkr9wvTLC 
Further company coverage:  ATTE.ST 

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