Finland's Anora Q1 revenue falls

Anora Oyj

06/05/2026 06:42

Overview

Finland wine and spirits maker's Q1 revenue fell 4% yr/yr amid market headwinds

Company maintained 2026 guidance for higher comparable EBITDA despite challenging market outlook

Outlook

Anora expects 2026 comparable EBITDA of EUR 74-79 mln, up from EUR 71.1 mln in 2025

Result Drivers

MARKET HEADWINDS - Co said revenue decline was due to lower wine campaign volumes in Denmark, lost filler services volumes, and earlier Spirits partner portfolio changes

INDUSTRIAL SEGMENT GROWTH - Industrial segment posted higher profitability and external net sales, supported by volume growth in contract manufacturing, ethanol, starch, and logistics in Norway

Company press release: ID:nMFN89NsP4

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 135.80 mln
Q1 EPS
-EUR 0.04
Q1 Adjusted EBITDA
EUR 8.80 mln
Q1 Adjusted EBIT
EUR 2.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the distillers & wineries peer group is "buy"

Wall Street's median 12-month price target for Anora Group Oyj is €4.20, about 20.9% above its May 5 closing price of €3.48

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)