Terveystalo Oyj (TTALF) Q4 2025 Earnings Call Transcript

SA Transcripts158.37K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Terveystalo Oyj (TTALF) Q4 2025 Earnings Call February 13, 2026 3:30 AM EST Company Participants Kati Kaksone - Vice President of Investor Relations, Sustainability & CRVille Iho - President & CEOJuuso Pajunen - Chief Financial Officer Conference Call Participants Sami Sarkamies - Danske Bank A/S, Research DivisionAnssi Raussi - SEB, Research DivisionJoni Sandvall - Nordea Markets, Research DivisionRoni Peuranheimo - Inderes Oyj, Research Division Presentation Kati KaksoneVice President of Investor Relations, Sustainability & CR Good morning, everybody, and welcome to Terveystalo's Q4 and Full Year 2025 Results Call and Webcast. As usual, we'll go through the results with our CEO, Ville Iho; and our CFO, Juuso Pajunen, and we'll follow that with a Q&A. My name is Kati Kaksonen, I'm responsible for Investor Relations and Sustainability here at Terveystalo. We'll take the questions via the phone lines first and then follow with questions via the webcast at the end of the presentation. Without further ado, over to you, Ville. Ville IhoPresident & CEO Thanks, Kati, and good morning from cold and beautiful Helsinki. Let's dive into Terveystalo results 2025. It's again time to take a couple of steps back and look at how we performed last year. Sort of the big headline here is profitability and efficiency. If one looks at our performance, financial performance, we are delivering all-time high profitability. And as you can see later, across all of the segments, they are improving. If one looks at profitability, things are great. If one looks at quality of our services, things are great. On the other hand, of course, you can see that we are living in a market, which is not favorable. But that only underlines the efficiency of our operational and financial engine. We are able to produce robust results even during headwinds. Healthcare Services is post-cyclical industry. And now we can see in our