Finland's Relais Q1 net sales rise 44% on acquisitions

Relais Oyj

13/05/2026 07:13

Overview

Finland vehicle aftermarket acquirer's Q1 net sales rose 44% yr/yr

Adjusted EBITA for Q1 increased 40% yr/yr

Growth driven by operational improvements and recent acquisitions

Outlook

Relais Group does not provide numeric guidance for the 2026 financial year

Company says market conditions remain stable but external uncertainty is elevated

Relais Group to present strategic review and long-term financial targets at Capital Markets Day in May

Result Drivers

ACQUISITIONS - Recent acquisitions contributed to net sales growth and increased the share of Commercial Vehicle Services in group results

OPERATIONAL IMPROVEMENTS - Adjusted EBITA and earnings benefited from operational improvement measures, especially in Team Verkstad Sverige and Raskone

WORKING CAPITAL MANAGEMENT - Improved cash flow from operations driven by stronger focus on working capital management

Company press release: ID:nWkr7Kdf9Q

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 119 mln
Q1 Operating Profit
EUR 9.79 mln
Q1 EBITDA
EUR 17.98 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

Wall Street's median 12-month price target for Relais Group Oyj is €18.00, about 18.8% above its May 12 closing price of €15.15

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 13 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.)