Interim report
Page 1
Q1 Summary of the first quarter 2021 Net sales amounted to SEK 3,062m ( 3,128 ) . Adjusted for currency effects , net sales increased by 1 percent . The divestment of the Norwegian operations in July 2020 has reduced sales by approximately SEK 90m . Adjusted for the leap - day 2020 , organic growth amounted to 3 percent . Lease adjusted EBITA¹ , i.e. EBITA according to the previous accounting standard , was SEK 75m ( 84 ) , corresponding to a lease adjusted operating margin of 2.4 percent ( 2.7 ) . The negative effects of the Corona - pandemic is estimated to SEK 50m , which has been offset by public reimbursements for certain costs in 2020. The profits were in relation to last year negatively impacted by calendar effects of SEK 20m and negative non - recurring costs of SEK 20m . 1 Operating profit ( EBITA ) ¹ amounted to SEK 183m ( 182 ) , corresponding to an operating margin of 6.0 percent ( 5.8 ) . The loss for the period amounted to SEK -9m ( 3 ) . Diluted earnings per share were SEK -0.06 ( 0.02 ) . Adjusted earnings per share² after dilution were SEK 0.26 ( 0.37 ) . Free cash flow amounted to SEK 138m ( 226 ) . The total number of beds in operation in all Attendo homes³3 was 20,852 ( 20,391 ) . Occupancy in all homes³ was 81 percent ( 82 ) . Attendo has made a number of acquisitions in care for older people , home care and individual and family care . Group key figures ● ● ● INTERIM REPORT , JANUARY - MARCH 2021 SEKM Net sales Lease adjusted operating profit ( EBITA ) ¹ Lease adjusted operating profit margin ( EBITA ) ¹ , % Operating profit ( EBITA ) ¹ Operating margin ( EBITA ) ¹ , % Profit for the period Earning per share diluted , SEK Adjusted earnings per share diluted¹ ' 2 , SEK Free cash flow 2021 3,062 75 2.4 183 6.0 -9 -0.06 0.26 138 Attendo ♥ 0 + Q1 Attendo Interim report Q1 , January - March 2021 2020 4 % 3,128 -2 % 84 -11 % 2.7 182 5.8 1 % 3 -400 % 0.02 -400 % 0.37 -30 % 226 Jan - Dec 2020 12,288 375 3.1 797 6.5 -904 -5.63 1.43 428 1 ) . Note that unless otherwise stated , EBITA and lease adjusted EBITA in this report refer to EBITA / lease adjusted EBITA excluding items affecting comparability . See also definitions of key data and alternative performance measures on pages 28-29 . 2 ) Profit for the period attributable to the parent company shareholders excluding amortization of acquisition related intangible assets , IFRS 16 and items affecting comparability and related tax effects divided with the average number of shares outstanding , after dilution . 3 ) From the first quarter of 2021 , Attendo reports beds and occupancy for all Attendo homes in own operations and outsourcing and in all service offerings . Historical periods have been restated .