Terveystalo shares tumbled approximately 12% in Helsinki trading after the private healthcare provider issued a profit warning for the full year.

The company announced it is lowering its adjusted operating profit (EBIT) forecast to a range of EUR 120 million to EUR 140 million, a significant downward revision that signals mounting pressure on margins.

Additionally, the company noted that seasonal demand, typically a bright spot during flu season, remained subdued, further dampening revenue expectations.

The guidance cut reflects a deteriorating competitive landscape, particularly within the occupational health segment where Terveystalo faces aggressive pricing from rivals.

Management indicated that the struggle to retain customers amid intensifying price competition is weighing heavily on profitability.

Additionally, the company noted that seasonal demand, typically a bright spot during flu season, remained subdued, further dampening revenue expectations.

This development marks a sharp turn for the Nordic healthcare giant, which has previously benefited from steady growth in private healthcare services.