Terveystalo Oy Class A ( (TTALF) ) has released its Q4 earnings. Here is a breakdown of the information Terveystalo Oy Class A presented to its investors.
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Terveystalo Oyj Class A operates as a leading healthcare service provider in Finland, offering a wide range of integrated care services from preventive occupational health to specialized medical treatments. The company is also involved in portfolio businesses and operates in Sweden.
Terveystalo concluded a prosperous year in 2024, marked by a robust fourth quarter performance. The company reported a 3.4% increase in revenue for the fourth quarter, totaling EUR 353.9 million. The Healthcare Services segment showed significant growth, while the Portfolio Businesses and Swedish operations faced declines in revenue.
Key financial highlights include a 19.1% increase in adjusted EBITA to EUR 47.1 million for the quarter, with a notable 36.2% year-on-year rise to EUR 171.0 million for the full year. The improved operational efficiency and strategic commercial actions bolstered profitability, especially in the Healthcare Services segment. Nevertheless, the Portfolio Businesses faced challenges due to expired contracts and personnel costs, while the Swedish operations continued to struggle with lower demand.
Despite the challenges in some segments, Terveystalo’s overall financial performance was solid in 2024, leading to a proposed dividend increase to EUR 0.48 per share. The company’s strategic focus on enhancing service competitiveness and operational efficiency is expected to maintain growth momentum.
Looking forward, Terveystalo’s management anticipates revenue growth in 2025, driven by stable demand and strategic initiatives to enhance profitability across all segments. The company aims to achieve a 10% annual growth in earnings per share and maintain a moderate leverage ratio, supporting sustained shareholder value creation.