Katie Cacconi
Vice President of Investor Relations, Sustainability and Business Relations
Good morning, everyone, and welcome to Terveystalo’s Q1 2026 call and webcast. My name is Katie Kaaksonen. I am responsible for investor relations and sustainability here at Terveystalo.
As usual, I will review the results with our CEO, Phil Iho; and our CFO, Juuso Pajunen. After the presentation, you will have time to ask your questions.
Without further ado, here you go, Phil.
Phil eho
President and CEO
Thank you, Katie, and good morning. Let’s dive into it.
So the first quarter of Terveystalo, during the first quarter, the market was more negative than we expected going into the year. This was clearly reflected in our revenue line, which was clearly down. Despite the adjustment measures we took, especially in our operations, to adjust operations to lower demand, there was a decline in adjusted EBIT, which amounted to EUR 34 million. The quality in all operations and services (top) is constantly improving, which is of course a positive sign of a very professional and strong organization, which can be provided in any circumstances.
If one digs a little deeper into what is happening in the healthcare services market, it is the market that is exceptionally negative this time. We haven’t seen this kind of decline since the start of the coronavirus. And basically, all sectors, no matter what data you look at, almost all sectors and services from minus 5% to minus 10%. the
