Attendo’s year-end report 2018 - Strong growth in own operations affects margins
Attendo continues to show strong growth in own operations, with a record number of new nursing home openings in the full year 2018. The combination of a high pace of openings and costs related to closing down other operations puts pressure on profitability. The possibilities to increase margins from current level is deemed limited during the current year and 2020.CEO and President Martin Tivéus comments on the report: “Continued growth in own operations Attendo demonstrated high growth in the fourth quarter and for the full year of 2018, a result of a record-high number of new homes