EarningsNLH added several sales personnel in the quarter, which led to slightly lower adj. EBITDA margins sequentially.
Financial PerformanceAdditional hiring as a short-term depressor of margins through Q224, though a rebound in margins is expected in the second half of the year as the expanded salesforce should drive further growth.
Labour CostsThere is still the possibility that over the long term, this may cause competition for labour vis-à-vis the enforced higher rates at publicly reimbursed providers and could lead to wage inflation in the sector.