BUSINESS AREA
Medtech
In the Medtech business area, the subsidiaries offer products and services in the field of medical technology, as well as assistive equipment and digital solutions for home care. Medtech has two business units, Hospital and Homecare. The Medtech offering mainly focuses on publicly funded healthcare, home care and social care in Europe.
| Q2 | Q2 | ∆ | Jan-Jun | Jan-Jun | ∆ | Jul 2025- | Full year | |
| SEKm | 2026 | 2025 | % | 2026 | 2025 | % | Jun 2026 | 2025 |
| Net sales | 1,666 | 1,594 | 5 | 3,327 | 3,308 | 1 | 6,514 | 6,495 |
| Organic growth, % | 3 | 2 | 1 | 1 | 2 | |||
| EBITA | 213 | 198 | 7 | 425 | 429 | -1 | 960 | 964 |
| EBITA margin, % | 12.8 | 12.4 | 12.8 | 13.0 | 14.7 | 14.8 |
Net sales in Medtech by percent to SEK million (). Organic growth amounted to percent and acquired growth to percent. Organic growth was negatively impacted by the divestment of the endoscopy business in the UK in December 2025, corresponding to approximately SEK 30 million. Adjusted for the divestment, organic growth amounted to 5 percent. Exchange rate effects had a marginal negative impact on net sales during the quarter.
EBITA by percent to SEK million (), corresponding to an EBITA margin of percent (). Exchange rate effects had a marginal negative impact on EBITA during the quarter.
Medtech’s net sales amounted to SEK million (). Adjusted for exchange rate changes, net sales increased by 3 percent, of which organic growth amounted to percent and acquired growth to percent. Adjusted for the divestment of the endoscopy business in the UK, organic growth amounted to 3 percent. Exchange rate changes had a impact on net sales of SEK million, corresponding to percent.
EBITA by percent to SEK million (), corresponding to an EBITA margin of percent (). Exchange rate changes had a impact on EBITA of SEK million, corresponding to percent.
Margins in Medtech strengthened during the quarter, to a large extent as a result of the ongoing work to increase the share of advanced products in the portfolio.
Growth and profitability were strong in the Nordic countries. In Spain, underlying growth was good, but sales development was negatively affected by week-long doctors’ strikes in April, May and June. In the United Kingdom, sales development was weak, mainly due to a continued subdued market for capital goods. However, the order book for capital goods is strong.
Within Homecare, a number of improvement measures have been implemented in recent months. These measures have yielded good results, while simultaneously demand has increased. During the second quarter, Homecare reported strong growth and a clearly improved margin trend.
Improvement initiatives within ophthalmic surgery have been under way for an extended period and have included cost reductions, organisational changes, updates to the product portfolios and an increased sales focus. These initiatives have yielded results, and the companies within ophthalmic surgery have now demonstrated a clearly positive trend for some time.
For an independent life
AddLife’s vision is to improve people’s lives. Through products and solutions within Homecare, we aim to enable more people to live safely, independently and actively in their own homes.
The offering includes home adaptations, such as accessible bathrooms and kitchens, as well as solutions for both private homes and residential care facilities. It also includes assistive devices, ranging from portable and advanced aids to solutions that facilitate mobility, hygiene, communication and other everyday activities.
Welfare technology and digital solutions are an increasingly important part of the offering. These include personal safety alarms, fall sensors and other connected assistive devices that enhance safety for users while providing family members and healthcare professionals with better conditions for monitoring needs and providing the appropriate support. We also offer solutions for digital privacy-preserving supervision, fall detection and prevention, enabling safe, preventive and more resource-efficient healthcare and care services. Together, these solutions help bring healthcare and care services closer to the individual, improve quality of life and enable more efficient use of healthcare resources.
The Homecare business area consists of six well-established companies with combined sales of approximately SEK 700 million. The business has a strong position in the Nordic market and a growing export business, with sales in, among other markets, the United Kingdom, the Netherlands, Germany and Australia. AddLife’s companies combine the distribution of products from international suppliers with proprietary products and have particular expertise in customised solutions, public procurement and long-term agreements. This provides control over product development, quality and the value chain, while enabling the companies to offer customised end-to-end solutions, including training, support, technical service and logistics.
The Homecare market is growing by approximately 10–12 percent annually and is driven by several strong, long-term societal trends. An ageing population, shortages of healthcare professionals and an increasing need for cost-effective care pathways are driving demand for solutions that enable healthcare and care services to be provided in the home. Digitalisation and welfare technology also create new opportunities to prevent risks, enhance safety and use healthcare resources more efficiently.
Key application areas within Homecare:
- Home adaptations: Bathrooms, kitchens and other areas at home are adapted to improve accessibility and enable people with disabilities to stay in their homes longer, with greater independence and safety.
- Assistive devices: Portable and advanced assistive devices facilitate everyday activities, mobility and personal care for older people and people with disabilities. The products are used both in private homes and in healthcare and care settings.
- Welfare technology: Digital solutions, such as personal safety alarms, fall sensors and connected products, can enhance safety at home, prevent risks and provide healthcare professionals and family members with better opportunities to monitor the individual’s needs. AddLife offers welfare technology in several Nordic markets, including digital monitoring solutions for homes.
- Accessible environments: Adapted solutions for residential care facilities, institutions and private homes create safer and more functional environments for both users and staff. AddLife’s offering includes assistive devices and digital solutions for publicly funded home healthcare and care services.
Export markets:
- United Kingdom
- Germany
- Netherlands
- Australia
10-12%
MARKET GROWTH
6
SUBSIDIARIES
~700
NET SALES, SEKm