Attendo’s report for the second quarter 2019:Challenges in Finland pressures profitability
Attendo reports continued healthy growth but also considerably lower profit during the second quarter of 2019. The lower result is mainly explained by structural cost increases and challenges related to the rapid growth in the Finnish operations. Meanwhile, Attendo Scandinavia is showing a steady development.President and CEO Martin Tivéus comments on the report “The first half of the year has been very challenging for Attendo's Finnish operations, which is not least visible in the second quarter. As we announced in June, we are taking forceful actions in order to restore occupancy and