Outlook

Terveystalo updated its market outlook on 29th October 2020 when publishing the Q3 interim report. These views are based on the expected development of demand for Terveystalo’s services within the next six months, compared with the past six months.

In the short term, the market environment is still uncertain because of the changes in consumer behavior resulting from the COVID-19 pandemic, and predicting demand is challenging in the short term. Demand for tests increased strongly in the third quarter of the year and is expected to remain high in the acute phase of the pandemic. Overall demand for healthcare services can return to normal only if new significant restrictive measures can be avoided.
Demand from corporate customers for preventive and statutory occupational health services has returned to normal. The recovery of demand for acute and non-urgent medical care is uncertain as the pandemic continues. Demand for coronavirus tests is expected to remain high in the acute phase of the pandemic. Demand for remote services will increase considerably. Significant changes in the employment rate may be reflected in the underlying demand.
Overall demand from private customers is expected to remain normal, providing that, in particular, major restrictions to free movement can be avoided. Demand for acute and non-urgent medical care has returned to normal. However, as the pandemic continues, the future development of demand involves a certain degree of uncertainty. Demand for remote services will increase considerably. Significant changes in consumer confidence may be reflected in the underlying demand.
Stable demand from the public sector is expected to continue in occupational health, service sales, and staffing services. Revenue from outsourcing business will fall significantly following the expiry of outsourcing contracts.

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