Attendo Boosts Profitability on Higher Occupancy Despite Sales Dip

Attendo AB ( (SE:ATT) ) has shared an announcement.

Attendo reported continued positive development across its business areas in the first quarter of 2026, driven by higher occupancy and improved operational efficiency, which helped lift adjusted earnings per share to 6.47 SEK on a rolling 12‑month basis. The group highlighted strong profit and occupancy gains in Finland, 7 percent growth and higher earnings in continuing Scandinavian operations, and robust cash flow, even as net sales growth declined 2 percent while lease‑adjusted EBITA increased by 39 percent and overall occupancy reached 88 percent.

These results underscore Attendo’s progress in strengthening profitability despite modest top‑line pressure, indicating that the company is leveraging higher utilization of its facilities and tighter cost control to enhance margins. The combination of rising occupancy, especially in the key Finnish market, and solid cash generation positions Attendo to reinforce its competitive standing in Nordic care services and provides reassurance to stakeholders about the resilience of its operations.

The most recent analyst rating on (SE:ATT) stock is a Buy with a SEK72.00 price target. To see the full list of analyst forecasts on Attendo AB stock, see the SE:ATT Stock Forecast page.

More about Attendo AB

Attendo AB operates in the care services sector, running elderly care and related facilities in the Nordic region with a particular focus on Finland and Scandinavia. The company’s business model relies heavily on occupancy levels in its care homes and operational efficiency to drive profitability and cash flow across its portfolio.

Average Trading Volume: 305,037

Technical Sentiment Signal: Buy

Current Market Cap: SEK15.1B

Learn more about ATT stock on TipRanks’ Stock Analysis page.