Overview
Finland asset manager's 2025 revenue fell 11% yr/yr, with operating profit down 21%
Asset Management segment's revenue decreased by 3%, with operating profit down 5%
Corporate Finance segment's revenue dropped 67%, with operating profit turning negative
Outlook
Company expects real estate fund management fees to decrease in 2026
eQ anticipates increase in Private Equity fees in 2026
Three Private Equity funds expected to enter performance fee phase in 2026
Result Drivers
ASSET MANAGEMENT - Segment's revenue decreased by 3% due to lower real estate management fees, while performance fees increased by 24%
CORPORATE FINANCE - Segment's revenue fell 67% due to fewer success fees, resulting in negative operating profit
INVESTMENTS - Segment's negative result due to changes in investment values and USD exchange rate fluctuations
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
EUR 58.20 mln
FY EPS
EUR 0.52
FY Net Fee Income
EUR 58.50 mln
FY Operating Profit
EUR 27.40 mln
Analyst Coverage
The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy", no "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the investment management & fund operators peer group is "buy."
Wall Street's median 12-month price target for eQ Oyj is €11.00, about 1.4% above its February 2 closing price of €10.85
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago
Press Release: ID:nGNE4wR4YC
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(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.)