Kindred, Sweden and the battle between operators and analysts

Kindred Group CEO Henrik Tjärnström faced a grilling from analysts on Wednesday as the operator fell short of its Q2 revenue targets

Kindred Group CEO Henrik Tjärnström faced up to some disgruntled analysts yesterday after the Stockholm-listed operator reported a 27% decrease in EBITDA for Q2 2019. Second quarter profit dropped to £30.4m, causing Kindred’s share price to plummet by almost 20% in early trading Wednesday morning. The drop-off was once again blamed on Sweden’s re-regulated market,…

Henrik Tjarnstrom | Kindred Group | Nordics | Strategy | Sweden