Swedish care provider Ambea reported a 7% year-over-year increase in second-quarter net sales to SEK 4.39 billion, exceeding the SEK 4.32 billion consensus estimate compiled from three analysts.
Adjusted earnings before interest, taxes and amortization (EBITA) for the quarter totaled SEK 397 million, while earnings per share (EPS) came in at SEK 2.13. EBIT reached SEK 353 million and EBITA was SEK 378 million.
Ambea attributed the improved performance to higher occupancy rates in its care units, operational efficiencies—particularly in Norway and Denmark—and continued expansion across the Nordic region through new facility openings and acquisitions. The company also announced a recommended public offer to acquire Humana, aiming to strengthen its market position in the Nordic care sector.
Ambea did not provide specific financial guidance for the current quarter or the full year.
