Terveystalo in brief
Terveystalo is the largest private healthcare service provider in Finland in terms of revenue and one of the leading occupational health providers in Finland and Sweden. We aim to create fluent, caring, and effective healthcare of the future. We offer comprehensive primary care, specialized care, and well-being services for corporates, private individuals, and public sector customers. Our digital services are accessible 24/7. We also offer our services in approximately 360 clinics, including 18 hospitals in Finland. In Sweden we offer occupational health services in approximately 140 units. Terveystalo is listed on the Helsinki Stock Exchange.
In 2024, Terveystalo served approximately 1.2 million individual customers in Finland, with around 7.6 million customer appointments. Terveystalo employs approximately 15,000 healthcare and other professionals. In 2024 our revenue was EUR 1,340 million.
CEO Ville Iho
CFO Juuso Pajunen
Chairman of the Board Kari Kauniskangas
Terveystalo as an investment
- A leader in an inflation-resilient, growing & profitable private healthcare market, supported by structural megatrends
- A proven scalable business model with leading digital capabilities, high medical quality, and customer satisfaction
- Profitable growth building on improved performance
- Robust cash flow, supporting attractive dividend and investment opportunities
- Preferred place to work in a supply-constrained market and a positive social impact
Key figures 2024
-
Revenue
1,340
Revenue, MEUR
-
Adjusted EBITA
12.8 %
Adjusted EBITA, % of Revenue
-
Net debt/adjusted EBITDA
2.1
Net debt/adjusted EBITDA
Key figures
-
Revenue (MEUR) and Adjusted EBITA-%
Revenue (MEUR) EBITA, % 2020 986.4 10.3 2021 1154.6 12.2 2022 1259.1 8.4 2023 1286.4 9.8 2024 1340.0 12.8 -
Revenue breakdown
Revenue by payer group, % 78% Healthcare Services 78 18% Portfolio Businesses 18 6% Sweden 6 -2% Others -2 % of total revenue 2024
Strategy
The core of our strategy is to offer fluent, caring and effective integrated care to our customers. We develop digital solutions that ensure a smooth everyday life for our professionals, the best care outcomes for our customers and help address the care gap in the industry. With our integrated care model, we strive to achieve both a positive social impact and high profitability.
Financial targets
Profitable growth:
- EPS to grow on average by 10 percent p.a.
- We expect faster earnings per share growth in 2025, as fewer items affecting comparability are expected.
Moderate leverage ratio:
- Net debt to EBITDA not to exceed 2.5x
- Indebtedness may temporarily surpass the target level, particularly in conjunction with acquisitions.
Attractive dividends:
- At least 80 percent of net result to be distributed as dividends
- The dividend proposal must consider the company's long-term potential and financial status.
Latest stock exchange releases
IR calendar
- 17/06/2025 Silent period ahead of Half-Year Report 2025
- 17/07/2025 Half-Year Report 2025
- 23/09/2025 Silent period ahead of Q3/2025 Interim Report
- 23/10/2025 Q3/2025 Interim Report
IR contact information
Tel. +358 50 39 31561
Tel. +358 50 31 44455
