Enento Q2 revenue falls short of estimates; warns of regulatory impact
Enento Q2 revenue falls short of estimates; warns of regulatory impact
Overview
Finland data and analytics firm's Q2 revenue grew 3.3% but slightly missed analyst expectations
Q2 adjusted EBITDA rose 11.9%, driven by cost savings and lower data acquisition costs
Q2 EBIT declined and missed analyst estimates due to amortization and restructuring costs
Outlook
Enento expects 2026 net sales to grow 0-5% at comparable exchange rates
Company sees 2026 Adjusted EBITDA increasing, exceeding net sales growth at comparable rates
Enento says regulatory changes in Sweden expected to have modest impact in 2026
Result Drivers
COST SAVINGS - Profitability improvement was driven by cost savings in paid commissions from the SME transformation and lower data acquisition costs
SWEDEN GROWTH - Growth in Sweden was supported by good performance in consumer credit information volumes and real estate services, including a larger batch sale
RESTRUCTURING COSTS - EBIT was impacted by non-cash amortization related to the Emaileri divestment and expenses from recent change negotiations
Company press release: ID:nMFN7zFYDP
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Slight Miss* | EUR 39.90 mln | EUR 39.98 mln (4 Analysts) |
Q2 Adjusted EBITDA |
| EUR 14.60 mln |
|
Q2 EBIT | Miss | EUR 1.70 mln | EUR 6.45 mln (4 Analysts) |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the professional information services peer group is "buy."
Wall Street's median 12-month price target for Enento Group Oyj is €19.45, about 34.1% above its July 16 closing price of €14.50
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 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.)