Finland's Olvi Q1 net sales rise, keeps near‑term 2026 view

Olvi Oyj

23/04/2026 07:19

Overview

Finland beverage maker's Q1 net sales rose 11%, driven by acquisitions

Q1 operating result fell 14% yr/yr, impacted by Denmark and acquisition-related depreciation

Company began integrating new subsidiaries, with synergy benefits expected from 2027

Outlook

Olvi expects 2026 operating result at EUR 84-92 mln, outlook unchanged

Company says geopolitical and economic uncertainty may weigh on consumer demand and costs in 2026

Olvi expects most significant synergy benefits from acquisitions to be realised from 2027 onwards

Result Drivers

ACQUISITIONS - Co said sales volume and net sales rose due to acquisitions, though organic sales growth was lower

DENMARK LOSSES - Operating result was hurt by a loss in Denmark and discontinued private label production

ACQUISITION COSTS - Increased depreciation and one-off costs from integrating new subsidiaries weighed on operating result

Company press release: ID:nWkr9ZsKwH

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
EUR 147.90 mln
EUR 145 mln (2 Analysts)
Q1 EPS
EUR 0.28
Q1 Net Income
EUR 5.90 mln
Q1 EBIT
Miss
EUR 10.60 mln
EUR 13.75 mln (2 Analysts)
Q1 Gross Profit
EUR 62.60 mln
Q1 Investments
EUR 12.20 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 brewers peer group is "buy"

Wall Street's median 12-month price target for Olvi Oyj is €35.00, about 7.9% above its April 22 closing price of €32.45

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 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.)