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Q3 2019 Humana AB Earnings Call Transcript
Ladies and gentlemen, welcome to the Humana Q3 Report 2019. Today, I'm pleased to present the CEO, Rasmus Nerman; and CFO, Ulf Bonnevier. (Operator Instructions)
Speakers, please begin.
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Thank you, and good morning. Welcome to this presentation of Humana's third quarter of 2019. As always, I will now give you some financial and operational highlights of the quarter, and I will then hand over to our CFO, Ulf Bonnevier, who will take us through the details of our performance in the quarter.
Next and first slide, please. Financial highlights. So in the third quarter, we saw a healthy growth of operating revenues increasing 15% to SEK 1.9 billion. The organic growth in the quarter was 3.2%, down from last year but an improvement compared to the first 2 quarters of 2019.
Our operating profits in the quarter were SEK 176 million, a healthy improvement of 17% compared to last year. Excluding the effects of IFRS 16, the operating profit
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