Finland's NoHo Partners Q1 revenue rises on acquisition

NoHo Partners Oyj

05/05/2026 06:11

Overview

Finland restaurant group's Q1 revenue rose 5.8% yr/yr to EUR 81.7 mln

Q1 operational EBITDA fell 6.9% and EBIT margin declined to 6.0%

Company cites seasonal weakness and international market challenges for lower profitability

Outlook

NoHo Partners expects 2026 profitability to remain at current good level, with higher comparable EPS

Company says Q2 has started better than last year, with reservations developing positively

Long-term targets include Finnish turnover of approx. EUR 350 mln and maintaining current EBIT margin

Result Drivers

JUNGLE JUICE BAR - Turnover growth in Finland was driven by the acquisition and integration of Jungle Juice Bar

INTERNATIONAL CHALLENGES - Profitability was hurt by variable performance in international markets, with cold weather impacting demand in Denmark and slow market recovery in Norway

COST CONTROL - Centralised purchasing agreements and operational control helped offset inflation, keeping gross profit and personnel expenses at competitive levels

Company press release: ID:nMFN64vhv5

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 81.70 mln
Q1 EPS
EUR 0.01
Q1 Adjusted EBITDA
EUR 6.60 mln
Q1 EBIT
EUR 4.90 mln
Q1 EBIT Margin
6.00%


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 no "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for NoHo Partners Oyj is €9.00, about 28.2% above its May 4 closing price of €7.02

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 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.)