Pressmeddelanden, rapporter och bolagsmeddelande för Panostaja Oyj
Panostaja Oyj has announced its financial calendar. The company's financial year will conclude on October 31, 2024, with the financial results being released on December 13, 2024. The Annual General Meeting is scheduled for February 5, 2025, and the annual report will be available during the third week of 2025 at www.panostaja.fi. Panostaja will publish three financial reviews during the 2024-2025 financial year. Panostaja Oyj is an investment company focused on developing Finnish companies in the service and software sectors and is listed on the Nasdaq Helsinki Stock Exchange. In 2023, the company's net sales were 136.2 million euros. For more information, contact CEO Tapio Tommila.
Panostaja Oyj released its Q3 Business Review for the period November 1, 2023, to July 31, 2024. The company reported continued positive profitability development in the third quarter, with EBIT improving by MEUR 1.3 from the reference period to MEUR 0.8. Net sales for the quarter remained stable at MEUR 31.6. Grano's net sales dropped slightly, but cost-saving measures are expected to yield significant savings. Hygga's clinic operations showed positive development, though the outsourcing business will end in October 2024, leading to lower future net sales. CoreHW experienced a positive turn with new design service orders, and Oscar Software saw growth in its ARR software business and expert sales. The corporate acquisition market showed slight improvement but remains below the long-term average. Financially, the company’s net sales for the nine-month period were MEUR 98.5, with a profit before taxes of MEUR -4.4. Panostaja continues to explore new investment opportunities and assess divestment possibilities. The outlook for the 2024 financial period remains cautious due to geopolitical and macroeconomic uncertainties. No significant events occurred after the review period.
On July 1, 2024, Panostaja Oyj announced a flagging notification in accordance with Chapter 9, Section 10 of the Finnish Securities Markets Act. The notification was received on June 30, 2024, indicating that Oy Koskenkorva Ab, controlled by Treindex Oy, has merged into Treindex Oy. This merger transferred the shares held by Oy Koskenkorva Ab to Treindex Oy, triggering the flagging obligation. Treindex Oy now holds 23.99% of Panostaja Oyj's shares and voting rights, a position unchanged from the previous notification. Panostaja Oyj is an investment company focused on developing Finnish companies in the service and software sectors, with its shares listed on the Nasdaq Helsinki Stock Exchange. In the 2023 financial year, the Group's net sales totaled EUR 136.2 million.
On July 1, 2024, Panostaja Oyj announced a flagging notification in accordance with Chapter 9, Section 10 of the Finnish Securities Markets Act. The notification was received on June 30, 2024, and pertains to the merger of Oy Koskenkorva Ab into Treindex Oy, which resulted in the transfer of shares held by Oy Koskenkorva Ab to Treindex Oy. As a result of the merger, Oy Koskenkorva Ab's shareholding and voting rights in Panostaja Oyj dropped to 0%, from a previous 13.74%. Panostaja Oyj is an investment company focused on developing Finnish companies in the service and software sectors. The company is listed on the Nasdaq Helsinki Stock Exchange and reported net sales of MEUR 136.2 for the 2023 financial year.
On May 31, 2024, at 16:30 EEST, Panostaja Oyj issued a Stock Exchange Bulletin regarding a manager's transaction. Tommi Juusela, a member of the Board and Deputy member, received a share-based incentive. The transaction took place on NASDAQ Helsinki Ltd, involving 10,256 shares at a unit price of 0 EUR. For more information, CEO Tapio Tommila can be contacted.
On May 31, 2024, at 16:30 EEST, Panostaja Oyj released a Stock Exchange Bulletin regarding a manager's transaction. Tarja Pääkkönen, a member of the Board/Deputy member, received a share-based incentive. The transaction took place on NASDAQ Helsinki Ltd and involved 10,256 shares at a unit price of 0 EUR. For further information, CEO Tapio Tommila can be contacted.
On May 31, 2024, at 16:30 EEST, Panostaja Oyj released a Stock Exchange Bulletin detailing a manager's transaction. Jukka Ala-Mello, a member of the board and deputy member, received a share-based incentive involving 20,514 shares at a unit price of 0 EUR. The transaction took place on NASDAQ Helsinki Ltd (XHEL) and was categorized as an initial notification with the reference number 64662/5/4. For more information, CEO Tapio Tommila can be contacted.
Panostaja Oyj has released a Stock Exchange Bulletin regarding a manager's transaction on May 31, 2024, at 16:30 EEST. Eero Eriksson, a member of the board and deputy member, received a share-based incentive. The transaction took place on NASDAQ Helsinki Ltd and involved 10,256 shares at a unit price of 0 EUR. The aggregated volume was also 10,256 shares with a volume-weighted average price of 0 EUR. For more information, CEO Tapio Tommila can be contacted.
On May 31, 2024, Panostaja Oyj announced changes in its own shares related to Board member fees. The Annual General Meeting (AGM) on February 7, 2024, decided that approximately 40% of the Board members' fees would be paid in company shares, provided their ownership is less than 1% of the total share capital. If a Board member's ownership exceeds 1%, the fee is paid fully in cash. Following this decision, Panostaja Oyj transferred a total of 51,282 shares to its Board members: Jukka Ala-Mello received 20,514 shares, Eero Eriksson, Tarja Pääkkönen, and Tommi Juusela each received 10,256 shares. Mikko Koskenkorva's fees were paid in cash due to his holdings exceeding the 1% threshold. After these transactions, Panostaja Oyj holds 487,787 shares. The company is an investment firm focused on developing Finnish companies in the service and software sectors and is listed on the Nasdaq Helsinki Stock Exchange.
Panostaja Oyj released its Half Year Financial Report for November 1, 2023, to April 30, 2024, highlighting mixed results. Despite advancements in development projects, delays in customer investment decisions led to weaker financial performance in some areas. Net sales for the second quarter dropped by 3.9%. Measures to improve profitability continued, with Grano's restructuring expected to save MEUR 4.5 annually. Hygga saw positive clinic business development, while CoreHW faced delays impacting net sales and profitability. Oscar Software's ARR software business grew, but expert services sales were modest. Overall, net sales improved slightly from the previous period. The corporate acquisition market showed increased activity, though still below the long-term average. Key financial figures showed a decrease in net sales and profitability, with significant challenges due to geopolitical and macroeconomic uncertainties. Panostaja remains focused on exploring new investment opportunities and managing existing ones.