NoHo Partners Oyj

NoHo Partners Plc will release its Financial Statements for the year 2024 on 12 February 2025 at approximately 8:00 EET. The report will be accessible on the company's website. A briefing for analysts, investors, and media will occur the same day at 10:00 EET at Restaurant Nokka in Helsinki, featuring presentations by CEO Jarno Suominen, CFO Jarno Vilponen, and Chairman of the Board Timo Laine. The event will be in Finnish and available via live webcast, with options for asking questions through a chat function or by phone after registration. In-person attendance requires registration by 7 February 2025. A recording of the webcast will be available on the company's website later that day. NoHo Partners Plc, established in 1996, is a Finnish restaurant services group listed on Nasdaq Helsinki since 2013, with around 300 restaurants across Finland, Denmark, Norway, and Switzerland. The company employs approximately 2,800 full-time employees and reported a turnover of approximately 370 million euros in 2023. Its vision is to be the leading restaurant operator in Northern Europe.

NoHo Partners Plc has announced the acquisition of the restaurant operations of Wanha Satama from Pro Ravintolat Oy, effective from March 1, 2025. Wanha Satama, a 130-year-old event venue in Helsinki, hosts over 45,000 visitors annually and can accommodate events for up to 2,000 guests. This acquisition enhances NoHo Partners' event venue portfolio, which includes Nokia Arena in Tampere and Helsinki Expo and Convention Centre, by adding capacity and versatility. Jarno Suominen, CEO of NoHo Partners, highlights the profitability and appeal of the event market. Jussi Laakso, owner of Pro Ravintolat Oy, expresses satisfaction with the acquisition, noting that NoHo Partners' experience will ensure the development and high quality of operations. NoHo Partners, established in 1996 and listed on Nasdaq Helsinki in 2013, operates around 300 restaurants across Finland, Denmark, Norway, and Switzerland, with a turnover of approximately EUR 370 million in 2023.

NoHo Partners Plc reported a manager's transaction involving Alma Laine, a closely associated person to Timo Laine, a board member. The transaction, an acquisition of shares, took place on December 10, 2024, at NASDAQ Helsinki. It involved the purchase of 120 shares at a unit price of 7.5 EUR. NoHo Partners Plc, established in 1996, is a Finnish group specializing in restaurant services and is listed on Nasdaq Helsinki. The company operates around 300 restaurants across Finland, Denmark, Norway, and Switzerland, employing approximately 2,800 full-time equivalent staff. In 2023, its turnover was approximately 370 million euros. More information can be found at noho.fi/en.

Henri Virlander, a senior manager at NoHo Partners Plc, conducted a transaction involving the acquisition of shares on December 6, 2024, at NASDAQ Helsinki. The transaction involved 6,739 shares at a unit price of 7.419 EUR. NoHo Partners Plc, established in 1996, is a Finnish company specializing in restaurant services and is listed on Nasdaq Helsinki. The company operates around 300 restaurants across Finland, Denmark, Norway, and Switzerland, employing approximately 2,800 full-time employees. In 2023, NoHo Partners achieved a turnover of approximately 370 million EUR and aims to be the leading restaurant operator in Northern Europe. More information can be found on their website.

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.