NoHo Partners Oyj

Ticker/ISIN
NOHO
FI4000064332
Marknad/Land
Main Market, Helsinki
Sweden

Senaste sammanfattade pressmeddelande från NoHo Partners Oyj

NoHo Partners Plc released its interim report for January to September 2024, highlighting sustainable and profitable growth despite challenging market conditions. In the third quarter, turnover increased by 11% to EUR 106.6 million, and operational EBITDA rose by 15.7% to EUR 12.2 million. The EBIT margin was 9.3%. For the first nine months, turnover grew by 15.8% to EUR 307.1 million, with an operational EBITDA increase of 7.2% to EUR 33.6 million. The company aims for a 2024 turnover of approximately EUR 430 million and an EBIT margin of 9.5%. It plans to focus on profitable growth and shareholder value in its international business and aims to reduce its net debt ratio. The CEO noted strong performance in Finland and growth opportunities in the international market, particularly in Switzerland. The company has signed a new financing agreement to support growth investments and expects a decrease in financing costs. NoHo Partners continues to expand its restaurant portfolio, including new openings in Finland and Switzerland.
NoHo Partners Plc announced its financial reporting schedule for 2025. The company will release its Financial Statements for 2024 on February 12, its Interim Report for Q1 2025 on May 6, its Half-Year Report for H1 2025 on August 5, and its Interim Report for Q1-Q3 2025 on November 4. A 30-day silent period will precede each release. The Annual Report for 2024 will be available by March 19, 2025, and the Annual General Meeting is planned for April 9, 2025, in Tampere. NoHo Partners, founded in 1996 and listed on Nasdaq Helsinki in 2013, operates around 300 restaurants across Finland, Denmark, Norway, and Switzerland. The company employs approximately 2,800 full-time equivalent staff and reported a turnover of around EUR 370 million in 2023. Its vision is to be the leading restaurant operator in Northern Europe. For more details, visit noho.fi/en.
NoHo Partners Plc will release its Interim Report for the period from January 1 to September 30, 2024, on November 5, 2024, at approximately 8:00 EET. The report will be accessible on their website. A webcast presentation in Finnish, featuring CEO Jarno Suominen and CFO Jarno Vilponen, will occur at 10:00 EET to discuss the financial results, key events, current business status, and outlook. Analysts can attend the event in person at Sanomatalo, Flik Studio Eero, and are requested to register by November 1, 2024. The webcast can also be followed online, with questions taken via chat or phone. A recording will be available later on the company's website. NoHo Partners, a Finnish restaurant services group founded in 1996 and listed on Nasdaq Helsinki in 2013, operates around 300 restaurants in Finland, Denmark, Norway, and Switzerland. The company employs approximately 2,800 full-time employees and had a turnover of approximately 370 million euros in 2023. Their vision is to be the leading restaurant operator in Northern Europe.
NoHo Partners Plc has acquired a majority stake in H5 Ravintolat Oy, which operates eight restaurants in Tampere, through a stock transaction. The entrepreneurs Lassi Vänttinen and Marko Meronen, who sold their stakes, will remain significant shareholders and continue their operational roles. The acquisition includes restaurants such as H5 Bar&Cellar, Pub Kujakolli, and the sports bar Kultainen Ilves, with total annual revenues exceeding 8 million euros. As part of the deal, NoHo's restaurant Patarouva will join H5 Ravintolat. NoHo Partners' CEO, Jarno Suominen, expressed enthusiasm for the acquisition, citing the profitability and quality of H5 Ravintolat's operations. Marko Meronen of H5 Ravintolat also expressed optimism about the future collaboration. NoHo Partners, established in 1996 and listed on Nasdaq Helsinki in 2013, operates around 300 restaurants across Finland, Denmark, Norway, and Switzerland, with a vision to be the leading restaurant operator in Northern Europe.
NoHo Partners Plc reported a manager's transaction involving Maria Koivula, a senior manager, who acquired shares of the company on October 4, 2024, at NASDAQ Helsinki. The transaction included two purchases totaling 20,689 shares at a unit price of 7.25 EUR. NoHo Partners, a Finnish company specializing in restaurant services, was established in 1996 and listed on Nasdaq Helsinki in 2013. The company operates around 300 restaurants across Finland, Denmark, Norway, and Switzerland, with well-known brands like Elite and Savoy. In 2023, NoHo Partners had a turnover of approximately 370 million euros and employed about 2,800 full-time equivalent employees.
NoHo Partners Plc announced a managers' transaction involving Paul Meli Holdings Oy, a closely associated legal entity with Paul Meli, a senior manager at NoHo Partners. The transaction, an acquisition of shares, took place on October 2, 2024, at NASDAQ Helsinki. The transaction involved 12,500 shares at a unit price of 7.3 EUR. NoHo Partners, established in 1996, is a Finnish group specializing in restaurant services and operates around 300 restaurants across Finland, Denmark, Norway, and Switzerland. The company was listed on Nasdaq Helsinki in 2013 and aims to be the leading restaurant operator in Northern Europe. In 2023, NoHo Partners had a turnover of approximately 370 million euros and employed about 2,800 full-time equivalent employees.
NoHo Partners Plc reported a manager's transaction involving Paul Meli, a senior manager. On October 2, 2024, Meli disposed of 12,500 shares at a unit price of 7.3 EUR on NASDAQ Helsinki. The transaction's volume-weighted average price was also 7.3 EUR. NoHo Partners Plc, established in 1996, specializes in restaurant services and operates around 300 restaurants across Finland, Denmark, Norway, and Switzerland. The company was listed on Nasdaq Helsinki in 2013 and aims to be the leading restaurant operator in Northern Europe. In 2023, it had a turnover of approximately 370 million euros and employed around 2,800 full-time equivalent employees.
Henri Virlander, a senior manager at NoHo Partners Plc, conducted a series of share acquisitions on October 3, 2024, at NASDAQ Helsinki. The transactions involved a total of 700 shares of NoHo Partners, with a volume-weighted average price of 7.2314 EUR per share. NoHo Partners, established in 1996, is a Finnish company specializing in restaurant services and operates around 300 restaurants across Finland, Denmark, Norway, and Switzerland. The company was listed on Nasdaq Helsinki in 2013 and aims to be the leading restaurant operator in Northern Europe. In 2023, NoHo Partners had a turnover of approximately 370 million EUR and employed around 2,800 full-time staff.

Threads

Main Market, Helsinki News

Main Market, Helsinki News

Nyhetsuppdatering från NoHo Partners Oyj

Övrig information som ska lämnas enligt börsens regler: NoHo Partners updates its strategy and long-term financial targets for the strategy period 2025-2027

NoHo Partners has updated its strategy and long-term financial targets for the period 2025-2027, aiming to accelerate growth, strengthen the balance sheet, and increase dividends. The Finnish restaurant group plans to continue its strong growth in the domestic market, while also exploring strategic options to accelerate international growth. The company's updated strategy and financial targets will be presented at the Capital Markets Day on 22 May 2024. NoHo Partners operates around 300 restaurants in Finland, Denmark, Norway, and Switzerland, and reported a turnover of approximately €370 million in 2023.

Main Market, Helsinki News

Main Market, Helsinki News

Nyhetsuppdatering från NoHo Partners Oyj

Interimsrapport: NoHo Partners Plc's Interim Report 1 January-31 March 2024: Profitability endures even in slight headwinds

NoHo Partners Plc's interim report for Q1 2024 reveals a 23.1% increase in turnover to €93.5m compared to the same period last year. Operational EBITDA rose by 12.9% to €9.1m, while EBIT was €6.9m, up 15.7%. The result for the period was €-0.1m, compared to €2.4m in Q1 2023. The company's CEO noted that despite a challenging market environment, the company delivered a 7.3% EBIT margin. The company's international business had a strong EBIT margin of over 8%, and profitability in Finland remained around 7%. NoHo Partners expects total turnover of approximately €430m and an EBIT margin of approximately 9.5% for the financial year 2024.

1. Bifogad dokument

Main Market, Helsinki News

Main Market, Helsinki News

Nyhetsuppdatering från NoHo Partners Oyj

Nyheter för investerare: NoHo Partners Plc's Q1 2024 Interim Report briefing on 7 May 2024 at 10:00 EET at Helsinki Camping

NoHo Partners Plc will publish its Q1 2024 Interim Report on 7 May 2024, and will hold a briefing at Helsinki Camping at 10:00 EET. The briefing, to be led by CEO Aku Vikström, will present the company's financial performance and key events for the period from January to March 2024. The event will be live-streamed and questions can be asked through the webcast chat function. The company, listed on Nasdaq Helsinki since 2013, operates around 300 restaurants in Finland, Denmark, Norway, and Switzerland, and reported a turnover of approximately €370 million in 2023.