Slides
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Everyone is entitled to a good life. Q2 2025 July 18, 2025 Interim Report
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Improvement in Sweden and Norway A quarter with positive signals, bridging the profitability gap YoY and taking a major step forward in quality competition Q2 Highlights Underlying profitability improvement of SEK 17m in Sweden and Norway Transition ongoing in Finland – taken measures will improve profit in H2 Good performance in targeted growth areas Strong pipeline in target areas – SEK 100m in annual revenue signed New Financing agreement – reduced net interest of SEK 35m Strong cash flow, net debt decrease and repurchase of own shares
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Personal assistance with cutting edge legal expertise 3
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Driving the future of welfare
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Growth trend Adj EBIT contribution 5,4% 4,2% 3,0% 8,8% -2,1% Adjusted EBIT contribution and growth development Q2 (LTM) 5,4% 4,2% 3,0% 8,8% -2,1%
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Performance EBIT decreased due to transition in Finland and Easter effect 4,2% 3,0% 8,8% Adj. EBIT development 5,4% 4,2% 3,0% 8,8% -2,1%
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Performance Key Takeaways • Underlying operating profit improved by SEK 10m • Increased underlying profitability in Individual & Family • High occupancy and profitability improvement within Elderly Care • HVB demand increasing slightly. Permit changes on the way to be able to meet demand. • Elderly care unit in Strängnäs opened • Pipeline within LSS • Efficiencies paying off in Personal assistance • Profitability improvement • Easter effect Increased underlying profitability mainly due to elderly care and personal assistance Sweden
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Increased underlying profitability Norway Performance Key Takeaways • Organic growth of 4,1% in Q2 • Profitability improvement • Underlying operating profit improved by SEK 7m • Easter effect • Price increases and synergies compensating for higher personnel costs • Tender won in the Oslo region within HOT
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• Decreased profitability • Weak purchasing behavior in SOTE-regions affecting open care and child and welfare services somewhat • Savings program in SOTE-regions until end of 2026. • Continued conversion of child and welfare units • Business area in transition • Multiple actions implemented – giving effect from Q3 • Pipeline for growth in disability services Transition ongoing Finland Performance Key Takeaways Performance Key Takeaways
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10 New financing agreement Net interest is expected to decrease approx. SEK 35m next 12 months Reduction of net interest assumes: • Lower base interest rates • Lower total credit • Changed loan structure • Lower interest margin
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11 Free cash flow Free cash flow LTM excl. IFRS 16 (SEKm)
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12 Free cash flow (SEKm) Utilisation of Free cash flow LTM
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Financial targets and development Organic Growth Profitability Capital Structure
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Everyone is entitled to a good life. Q2 2025 Concluding remarks
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Focus going forward Summary A quarter with positive signals, bridging the profitability gap YoY and taking a major step forward in quality competition
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Thanks! 16 Financial Calendar Interim report Jan-Sep, Q3 2025 24 Oct 2025 Interim report Jan-Dec, Q4 2025 6 Feb 2026 Further Information Ewelina Pettersson Head of Investor Relations +46 73 074 7912 ewelina.pettersson@humana.se