Humana AB (OSTO:HUM)
kr 34.4 -0.35 (-1.01%) Market Cap: 1.78 Bil Enterprise Value: 6.64 Bil PE Ratio: 11.02 PB Ratio: 0.56 GF Score: 68/100

Q1 2019 Humana AB Earnings Call Transcript

May 09, 2019 / 07:00AM GMT
Release Date Price: kr58.1 (-3.17%)
Operator

Ladies and gentlemen, welcome to the Humana Q1 report for 2019. Today, I am pleased to present CEO, Rasmus Nerman; and CFO, Ulf Bonnevier. (Operator Instructions) Speakers, please begin.

Rasmus Nerman;publ;CEO;President
Humana AB

()-&

Thank you, and good morning, everyone, and welcome to this presentation of Humana's first quarter in 2019. As always, I will start by giving you some of the financial and operational highlights before handing it over to Ulf Bonnevier, who will take us through the more detailed financials of the quarter. Let's move on to the first slide, please.

In the first quarter, operating revenue increased with 4% to SEK 1.7 billion. The organic growth in the quarter was 1.5%. Our operating profits in the quarter was SEK 77 million, down 5% compared to last year. However, if we exclude for the effects of IFRS 16, our operating profits were SEK 70 million in the first quarter. The resulting operating margin was 4.5%, or 4.1% when excluding the effects from IFRS 16.

In the

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot