Terveystalo Plc Insider information
Terveystalo strengthens the implementation of its growth strategy by launching a program to speed up the achievement of strategic and financial goals. The program consists of strategic and operational initiatives to increase revenue and improve profitability in accordance with the company's financial targets. Terveystalo's financial targets are intact: The company is aiming for at least 5 percent revenue growth and an adjusted EBITA margin of 12-13 percent.
To strengthen long term value creation, focus on high medical quality and the execution of the program, Terveystalo is planning to change its operating model and organizational structure. The planned changes clarify roles and responsibilities, strengthen the independent and efficient management of separate businesses, and strengthen the implementation of intact care pathways and high-quality care.
The new organization would consist of three business areas:
Program content and goals
The program aims for an inflation adjusted, annualized run-rate EBITA improvement of at least
Measures to strengthen profitability also improve access to effective care when moving to efficient and scalable operating models. The program applies to all Terveystalo's operations in
The program boosts growth by developing commercial operations, strengthening the recruitment and retention of professionals, and optimizing resource planning.
Efficiency is strengthened by developing customer journey and care pathways, optimizing the physical service network and procurement, improving the productivity of fixed assets, and simplifying the operating model and organization.
"Our long-term growth strategy remains intact. The new operating model enables a clearer focus on our core business and gives the Portfolio Businesses the opportunity for more independent value creation and portfolio optimization. We continue to aim for high profitability and faster-than-market growth in
The timing of the program also aims to mitigate the impact of weakening macro environment. Despite the changes in the market environment, the demand for health services continues to be strong.
Terveystalo communicates on the progress of the program in connection with its regular financial reporting.
The goals mentioned in this announcement are based on the preliminary plans of the company's management, and no goals or measures related to possible reorganizations have been decided.
Virtual investor meeting in connection with the results announcement on
Terveystalo will publish its January-
Distribution:
Principal media
www.terveystalo.com
Terveystalo in brief
Terveystalo is the largest private health care service provider in
In 2021, Terveystalo had approximately 1.3 million individual customers in
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