Pihlajalinna Plc will release its Half Year Financial Report for January 1–June 30, 2024, on Friday, August 9, 2024, at approximately 8:00 a.m. The report will be available on the company's website. A live webcast for analysts, investors, and media will be held on the same day at 10:00 a.m., featuring CEO Tuomas Hyyryläinen, CFO Tarja Rantala, and Chief Communications and Sustainability Officer Tuula Lehto. The webcast will be conducted in Finnish, and a recording will be available later on the same webpage. Pihlajalinna is a leading private healthcare and social services provider in Finland, employing around 7,000 people and 2,200 practitioners, with a 2023 revenue of 720 million euros. Its shares are listed on Nasdaq Helsinki Oy. Further information can be obtained from CFO Tarja Rantala and Chief Communications and Sustainability Officer Tuula Lehto.
Pihlajalinna Plc has issued a profit warning, raising its profitability guidance for 2024. The company expects its adjusted EBITA to surpass EUR 48 million in 2024, up from EUR 37.8 million in 2023, while maintaining its revenue outlook. Pihlajalinna's focus for 2024 will be on organic growth and improving its financial position, although economic challenges may impact demand and financial results. Preliminary data for the second quarter of 2024 shows revenue at EUR 174.8 million, down from EUR 183.6 million in Q2 2023, but adjusted EBITA increased to EUR 11.4 million from EUR 7.3 million. The half-year financial report will be published on 9 August 2024. Pihlajalinna is a major provider of private healthcare and social services in Finland, with around 7,000 employees and 2,200 practitioners. In 2023, the company's revenue was EUR 720 million, and its shares are listed on Nasdaq Helsinki.
Pihlajalinna Plc announced the completion of its share repurchase program, which ran from March 27, 2024, to June 28, 2024. The company acquired 109,181 shares at an average price of EUR 8.5795 per share through public trading on Nasdaq Helsinki Ltd. The repurchase was authorized by the Annual General Meetings held on April 4, 2023, and April 10, 2024. The acquired shares will be used for the Group's incentive program and Board of Directors' remuneration. Post-repurchase, Pihlajalinna holds 141,184 own shares, representing 0.62% of the total shares. Pihlajalinna is a leading provider of private healthcare and social services in Finland, employing around 7,000 staff and 2,200 practitioners, with a 2023 revenue of 720 million euros.
Pihlajalinna Oyj announced the acquisition of its own shares on June 28, 2024. Following these acquisitions, the company now holds a total of 141,184 treasury shares. The transaction was carried out by Danske Bank A/S, Finland Branch, represented by Antti Väliaho and Jonathan Nyberg. For more information, contact Tuula Lehto, Chief Communications and Sustainability Officer at Pihlajalinna Plc. The announcement was distributed to Nasdaq Helsinki, major media, and available on the company's investor website.
Pihlajalinna Oyj announced the acquisition of its own shares on June 27, 2024. Following these acquisitions, the company now holds a total of 140,662 treasury shares. The transaction was carried out by Danske Bank A/S, Finland Branch. For further information, contact Tuula Lehto, Chief Communications and Sustainability Officer at Pihlajalinna Plc. The announcement was distributed to Nasdaq Helsinki and major media outlets.
Pihlajalinna Oyj announced the acquisition of its own shares on June 26, 2024, at 07:00 p.m. EET. Following these acquisitions, the company now holds a total of 139,913 treasury shares. The transaction was conducted by Danske Bank A/S, Finland Branch, represented by Antti Väliaho and Jonathan Nyberg. For further information, contact Tuula Lehto, Chief Communications and Sustainability Officer at Pihlajalinna Plc. The announcement was distributed to Nasdaq Helsinki, major media outlets, and is available on the company's investor website.