A challenging year, marked by the pandemic, in which Humana took important steps forward
Fourth quarter, October-
- Operating revenue was
SEK 1,948m (1,912), an increase of 2%. Organic growth was 3.1%. -
Operating profit was
SEK 101m (71), an increase of 42%. -
Net profit after tax for the period amounted to
SEK 49m (18). -
Earnings per share for the period before and after dilution amounted to
SEK 0.94 (0.35). -
Operating cash flow amounted to
SEK 296m (220).
Full year, January-
- Operating revenue was
SEK 7,797m (7,467), an increase of 4%. Organic growth was 4.1%. -
Operating profit was
SEK 471m (369), an increase of 27%. This includes a capital gain ofSEK 17m (4) from sale of properties. Adjusted operating profit wasSEK 453m (365), an increase of 24%. -
Net profit after tax for the year amounted to
SEK 262m (187). -
Earnings per share for the year before and after dilution amounted to
SEK 4.94 (3.54). -
Operating cash flow amounted to
SEK 779m (595).
Significant events in and after the end of the quarter
- Humana acquires the Swedish assistance company
RO Omsorg Assistans AB . The company's annual revenue is approximatelySEK 50m and it has around 90 employees. -
In December, Humana decides to repurchase own shares as mandated at the 2020 Annual General Meeting. That same month, 2,656,860 own shares were purchased for
SEK 154m at an average price ofSEK 57.95 per share. The purpose is to adjust the Group's capital structure and helping to increase shareholder value. -
After the end of the quarter, in February, Humana acquires the Swedish individual and family company Team J-son. Team J-son's annual revenue is approximately
SEK 90m and it has around 120 employees. - Humana's Board proposes to the 2021 AGM that no dividend be paid for the 2020 financial year and that any profits be carried forward.
President and CEO
"Humana's operations have never been put to the test as much as they were in 2020, the year the whole world was laser-focused on fighting Covid-19. The fourth quarter was no exception. Our efforts continue and it gives both hope and energy that more and more customers, clients and even employees now are being vaccinated. At the same time, 2020 was a year in which Humana also continued to make progress, not least in digitalisation and operational control. These efforts have paid off and we are now closer to reaching our targets",
Read the full comment in the report.
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This information is information that
For more information, please contact:
Anna Sönne, Head of Investor Relations and Sustainability, +46 70 601 48 53, anna.sonne@humana.se
Humana is a leading Nordic care company providing services within individual and family care, personal assistance, elderly care and special service housing in accordance with LSS. Humana has 16,000 employees in
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