Humana completes the divestment of elderly care units in Finland

Humana has completed the divestment of elderly care units in Finland.

Following the Finnish Competition Authority's approval of the divestment of Humana Finlands' elderly care units, as previously communicated, the divestment has been completed. The total purchase price amounts to EUR 25 million on a cash and debt-free basis.

The operations employ approximately 430 full-time employees and serve around 500 clients. In 2023, full-year revenues were reported at EUR 36.4 million, with an operating profit of EUR 2.7 million, including allocated overhead costs

For more information, please contact:

Nathalie Boulas Nilsson, President and CEO Humana, +46 761-06 16 88, nathalie.boulas.nilsson@humana.se

Ewelina Pettersson, Head of IR, +46 730-74 79 12, ewelina.pettersson@humana.se

Humana is a leading Nordic care company providing services within individual and family care, personal assistance, elderly care and special service housing in accordance with LSS. Humana has 22,000 employees in Sweden, Norway, Finland and Denmark providing care for approximately 10,000 individuals and working to achieve the vision “Everyone is entitled to a good life”. In 2023, Humana’s net revenue was SEK 9,638m. Humana is listed on Nasdaq Stockholm and the company’s headquarters are located in Stockholm. Read more about Humana on: https://www.humanagroup.com/