Humana AB (publ)

Welcome to the Humana Q2 2026 report presentation. For the first part of the presentation, participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. If you are listening to the presentation via webcast, you can ask written questions using the form below. Now, I will hand the conference over to speakers CEO Natalie Boulez-Nielsen and CFO Christopher Hero. Please go ahead.

Good morning. Welcome to Humana's Q2 presentation. My name is Evelina Pettersson. I'm the head of IR at Humana. With me today, I have our CEO, Nathalie Bolas-Nilsson, and our CFO, Kristoffer Höro. I leave the word to you, Nathalie. Please go ahead.

Thank you. We will give you a short introduction, followed by financials and operational performance. We will then wrap it up with concluding remarks and open up for questions. Humana is a Nordic care provider with a high degree of specialized care. We have a well diversified portfolio of services in the Nordic countries, with Sweden being the largest market, followed by Norway and then Finland. As regards our Q2 highlights, we are executing on our plan to reach our financial targets, and we have an adjusted operating profit increase of 6% year over year. In Sweden, we can in Q2, as well as we did in Q1, see that the efficiency program is beginning to show on the margin, driven by individual and family, with 7.2% profitability compared to 6.1 last year. We have continued to strengthen our financial position with a net debt ratio now of 2.4. We are continuing to take responsibility in the sustainability area and have now also included customer and employee satisfaction as well as climate targets as KPIs as we have sustainability linked our bank loans. We welcomed our new customers and colleagues from the Homsan LSS units in April. We're continuing on our active growth trajectory and have since our Q4 reporting opened units from our pipeline of approximately 100 million SEK in yearly revenues. In addition to that, we have signed new contracts of approximately 200 million SEK in revenue year to date. Our current pipeline is now consisting of approximately 550 million in revenue in our targeted growth areas with high need and higher profitability. At the end of the quarter, Ambea announced a public offer on Humana. Our current pipeline of signed contracts is now more heavily weighted towards Finland and Sweden, since we have opened several new units in Norway during the first half of the year. As previously announced, we are focusing mainly on disability and elderly care, which will give us a good balance in the service portfolio and will help us reach our financial goals. As already announced, we have made two Bolton acquisitions this year and will continue on this trajectory. This is one of the units we opened during the quarter. It is a specialized unit with four places targeting boys aged 10 to 13. Here we work with trauma-informed care and low arousal approach. And now over for the financials.