Pihlajalinna as an Investment

A healthcare reformer creating effective care pathways and building the most attractive workplace culture in the industry.

Healthcare reformer

Pihlajalinna is a healthcare reformer, building effective care pathways and the most attractive corporate culture in the industry.

Pihlajalinna offers customer-driven and effective service models to its partners: insurance companies, corporations and wellbeing services counties.

The Group provides comprehensive, high-quality services through private clinics, hospitals, remote channels, occupational healthcare, and tailored social and healthcare solutions for the public sector.

Founded in 2001, Pihlajalinna has grown into one of Finland’s leading private healthcare providers. Pihlajalinna was listed on the main list of Nasdaq Helsinki in 2015. Pihlajalinna pays all of its taxes to Finland and is headquartered in Tampere.

In 2024, Pihlajalinna's revenue was 704 million euros. Approximately 5,000 employees and 2,200 practitioners work at Pihlajalinna.

In 2025, the renewed strategy focuses on partnerships, effective care pathways, and becoming the most desirable work community. Pihlajalinna is the most committed partner for insurance companies’, corporations’ and the public sector’s success as well as a reformer of customer-driven and effective care pathways, building the most attractive corporate culture in the industry.

Why invest in Pihlajalinna

Growing market

The private healthcare market is growing in Finland, the public sector is expected to gradually increase cooperation with private players.

Nainen nojaa polvea fysioterapeutin kättä vasten kuntosalilla.

Unique position in efficient care pathways

Pihlajalinna creates value for partners by developing overall cost-effective health services.

Leikkaussalissa työskentelevät kirurgit ja hoitohenkilökunta suojavarusteissaan. Keskellä oleva nainen hymyilee kollegoilleen, luoden lämpimän ja positiivisen tunnelman.

Proven capability for value creation

Pihlajalinna’s transformation provides a solid basis for profitable growth and creation of new value together with partners,

Pihlajalinna’s medium-term strategic targets

Revenue

at least MEUR 700 

Adjusted EBITA%

12 % 

Net debt/adj. EBITDA ratio

below 2.5x 

Net Promoter Score, NPS

continues over 80 

Employee Net Promoter Score, eNPS

exceeds 30

Pihlajalinna’s dividend policy: at least 1/3 of the annual earnings per share, taking into consideration the company's financial position and financial needs.

All Content in Pihlajalinna as an Investment

Pihlajalinna as an Investment

A healthcare reformer creating effective care pathways and building the most attractive workplace culture in the industry.

Strategy

Strategic priorities drive growth and profitability.

Addressable market

The private healthcare market is growing, the public sector is expected to gradually increase cooperation with private players.

Sustainable Investment

At Pihlajalinna, sustainability encompasses delivering high-quality services, safeguarding information security, fostering a fair workplace, and taking care of environment.

Financial Targets

Pihlajalinna's outlook and medium-term strategic targets.

Fysioterapeutti auttaa asiakasta ojentavan liikkeen suorittamisessa valoisassa huoneessa.

Key Figures

On this page, you can view the development of Pihlajalinna’s key figures.

Disclosure Policy

Disclosure policy describes key operating principles and procedures Pihlajalinna follows in its communications with the capital markets, media and other stakeholders.