Report Publication Announcement • Apr 27, 2018
Report Publication Announcement
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Disclosure 361176
Pihlajalinna Plc Stock Exchange Release 27 April 2018 at 13:30 Pihlajalinna Plc publishes historical financial information for new business areas and customer groups Pihlajalinna publishes historical revenue information for 2017 for the new geographical business areas and customer groups. Pihlajalinna's segment reporting changes due to the operational restructuring, as the company announced on 14 March 2018. The operating segments will be the geographical business areas that are combined into one reportable segment. Pihlajalinna will report its Group-level results as its segment data in 2018, while its Group-level results for 2017 will be presented as comparative data. Pihlajalinna will also report its revenue in 2018 based on business areas and customer groups according to the IFRS 15 requirements on disaggregation of revenue. Revenue by geographical business areas Pihlajalinna’s geographical business areas are Southern Finland, Mid-Finland, Ostrobothnia and Northern Finland · Southern Finland includes Pihlajanlinna's business operations in the regions of Uusimaa, South West Finland, Päijät-Häme, Kymenlaakso and South Karelia. · Mid-Finland includes Pihlajalinna's business operations in the regions of Pirkanmaa, Satakunta, Kanta-Häme, Central Finland, South Savo, North Karelia and North Savo. · Ostrobothnia includes Pihlajalinna's business operations in the regions of Southern Ostrobothnia, Ostrobothnia and Central Ostrobothnia. · Northern Finland includes Pihlajalinna's business operations in Northern Ostrobothnia, Kainuu and Lapland. quarterly EUR million Q4/2017 % Q3/2017 % Q2/2017 % Q1/2017 % Southern Finland 15.0 12 12.2 11 16.3 13 17.1 14 Mid-Finland 76.8 62 71.4 63 75.4 62 77.8 63 Ostrobothnia 26.7 22 25.8 23 26.3 22 26.6 21 Northern Finland 2.6 2 2.0 2 1.3 1 1.6 1 Other 1.7 1 1.2 1 1.8 1 1.4 1 Elimination -14.9 -13.2 -14.5 -14.4 Consolidated revenue 107.9 99.4 106.7 110.0 cumulative EUR million 1-12/2017 % 1-9/2017 % 1-6/2017 % 1-3/2017 % Southern 60.7 13 45.6 13 33.4 14 17.1 14 Finland Mid-Finland 301.4 63 224.6 63 153.2 62 77.8 63 Ostrobothnia 105.4 22 78.7 22 52.9 22 26.6 21 Northern 7.6 2 5.0 1 2.9 1 1.6 1 Finland Other 6.0 1 4.4 1 3.1 1 1.4 1 Elimination -57.1 -42.2 -29.0 -14.4 Consolidated 424.0 316.1 216.7 110.0 revenue Revenue by customer groups Pihlajalinna’s customer groups are corporate customers, private customers and public sector customers. · Group’s corporate customers consists of Pihlajalinna’s occupational healthcare customers, insurance companies and other corporate agreement customers excluding public sector occupational healthcare customers (municipalities, joint municipal authorities, congregations, hospital districts, public administration). · Group’s private customers are self-paying individuals, who may apply for compensation from insurance companies later. · Group’s public sector customers consists of public sector organisations in Finland such as municipalities, joint municipal authorities, congregations, hospital districts and public administration procuring social and healthcare outsourcing services, residential services, occupational healthcare services and staffing services. quarterly EUR million Q4/2017 % Q3/2017 % Q2/2017 % Q1/2017 % Corporate 21.1 17 18.2 16 20.9 17 22.4 18 customers of which 6.5 5 5.4 5 6.9 6 7.8 6 insurance companies Private 17.3 14 13.6 12 18.0 15 19.0 15 customers Public sector 84.5 69 80.8 72 82.2 68 83.0 67 customers Eliminations -14.9 -13.2 -14.5 -14.4 Consolidated 107.9 99.4 106.7 110.0 revenue cumulative EUR million 1-12/2017 % 1-9/2017 % 1-6/2017 % 1-3/2017 % Corporate 82.6 17 61.5 17 43.3 18 22.4 18 customers of which 26.6 6 20.1 6 14.7 6 7.8 6 insurance companies Private 67.9 14 50.6 14 37.0 15 19.0 15 customers Public sector 330.5 69 246.0 69 165.2 67 83.0 67 customers Eliminations -57.1 -42.2 -29.0 -14.4 Consolidated 424.0 316.1 216.7 110.0 revenue For further information, please contact: Siri Markula, Head of Communications and IR, tel. +358 40 743 2177, [email protected] Distribution: Nasdaq Helsinki Key media investors.pihlajalinna.fi Pihlajalinna in brief Pihlajalinna is one of the leading private social and healthcare services providers in Finland. The company serves private individuals, businesses, insurance companies and public sector entities, such as municipalities and joint municipal authorities. In its private clinics and hospitals Pihlajalinna provides general practitioner services, specialised care, emergency and on-call services, a wide range of surgical services, occupational healthcare and dental care. In addition, the company offers innovative social and healthcare service provision models to public sector entities.
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