Finland's Enento Q1 EBIT misses estimates on higher personnel, IT costs

Enento Oyj

28/04/2026 10:09

Overview

Nordic data analytics firm's Q1 revenue rose 5.1%, beating analyst expectations

Adjusted EBITDA increased 8.5% as cost savings supported profitability

Q1 EBIT missed analyst expectations despite growth across all reporting segments

Outlook

Enento expects 2026 net sales to grow by 0-5% at comparable exchange rates

Company expects 2026 Adjusted EBITDA to increase compared to 2025

Company sees macroeconomic and regulatory uncertainty persisting, especially in Sweden

Result Drivers

SEGMENT GROWTH - Co reported sales growth in all reporting segments, with Norway & Denmark delivering the strongest performance

COST SAVINGS - Profitability improvement was supported by cost savings in materials and services and higher capitalized development activity

HIGHER PERSONNEL AND IT COSTS - Profitability gains were partly offset by increased personnel and IT-related expenses

Company press release: ID:nMFN8XSl0t

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
EUR 39.60 mln
EUR 38.98 mln (4 Analysts)
Q1 Adjusted EBITDA
EUR 13.50 mln
Q1 EBIT
Miss
EUR 7.60 mln
EUR 7.75 mln (4 Analysts)

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 €20.00, about 43.3% above its April 27 closing price of €13.96

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 17 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.)