Brief: Pihlajalinna Q1 Adjusted EBITDA Up At EUR 16.5 Million

Pihlajalinna Oyj

05/05/2022 09:30

May 5 (Reuters) - Pihlajalinna Oyj  PIHLIS.HE :
    * Q1 REVENUE AMOUNTED TO EUR 163.1 MILLION VERSUS EUR 139.9
MILLION
    * FULL YEAR CONSOLIDATED REVENUE IS EXPECTED TO INCREASE
SUBSTANTIALLY
    * ADJUSTED EBITDA EUR 16.5 MLN VS EUR 15.2 MLN
    * 2022 EBITA IS EXPECTED TO BE ON A PAR WITH 2021
    * Q1 CUSTOMER VOLUMES GREW BY 23 PER CENT YEAR-ON-YEAR
    * PROFIT BEFORE TAX EUR -2.7 MILLION VERSUS EUR 5.5 MILLION
YEAR
AGO
    * DEMAND FOR SHORT-TERM THERAPY SERVICES HAS INCREASED
    * RUSSIA'S ATTACK ON UKRAINE WAS CLEARLY REFLECTED IN DEMAND
FOR
THESE SERVICES
    * RATE OF SICKNESS-RELATED ABSENCES CAUSED BY REASONS
RELATED TO
MENTAL HEALTH PER 1,000 EMPLOYEES INCREASED BY 6 PER CENT
YEAR-ON-YEAR IN REVIEW PERIOD
    * COMPARED TO PRE-PANDEMIC PERIOD IN EARLY 2019, INCREASE IS
OVER
50 PER CENT
    * WE WILL OPEN A NEW PRIVATE CLINIC IN ROVANIEMI IN MAY 2022

Source text for Eikon:  ID:nWkr58SrC8 
Further company coverage:  PIHLIS.HE 

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