Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Analyst Comment

Puuilo announced a new store opening

By Arttu HeikuraAnalyst
Puuilo

Translation: Original comment published in Finnish on 05/02/2024 at 7:08 am EEST

Puuilo announced that it will open a new store under its current concept in Äänekoski in Central Finland in late 2024. The store in Ääenkoski will be the last of the 6 store openings planned by Puuilo for this year. We are neutral about the news, but it strengthens our view of achieving the network of 48 Puuilo stores during the current financial year.

The store will be opened next to Halpahalli along Jyväskyläntie. Being close to competitors enables Puuilo to have a higher customer flow and the ability to undermine their market share (which the company provided evidence of in its Investor Day). The new store's floor area is about 3,000 square meters and it will employ 13-15 new employees when it opens, which is slightly below our estimated average store personnel (~18). This may be due to the optimization of store personnel costs announced by Puuilo, e.g., through more efficient refill orders and shift planning.

Puuilo operates in the retail sector. The company operates and manages several stores and trading locations. The range is broad and includes household and pet products that are resold under its own or other brands. Customers mainly consist of private players around the global market. The largest presence is found in Finland.

Read more on company page

Key Estimate Figures24.04.2024

202324e25e
Revenue338.5391.2430.8
growth-%14.2 %15.6 %10.1 %
EBIT (adj.)52.863.872.7
EBIT-% (adj.)15.6 %16.3 %16.9 %
EPS (adj.)0.460.560.64
Dividend0.380.450.51
Dividend %4.3 %3.1 %3.6 %
P/E (adj.)19.625.622.2
EV/EBITDA12.716.213.6

Forum discussions

OP anticipates that Q3 revenue has grown by almost 17% (y/y) and adjusted EBITA has increased by 14% year-on-year, and speculates that a positive...
12/3/2025, 11:30 AM
by supremegod
22
It seems to be the Eagleman known from Instagram
12/2/2025, 11:18 AM
by AaronWlanBissaka
3
Puuilo’s social media content isn’t apparently funny enough, when an outsider comes to mess around with their own content: Ilta-Sanomat – 2 ...
12/2/2025, 10:15 AM
by Vanerihands
1
In my opinion, Puuilo has succeeded exceptionally well in its marketing. It certainly resonates with its own customer base, even if it doesn...
11/30/2025, 10:05 AM
by Str88
20
![1764484908305246914849169254504
11/30/2025, 6:48 AM
by supremegod
50
IKH’s revenue decline has softened. Grafton’s CEO sees significant recovery potential in Finland. tools.eurolandir.com Trading Update In Finland...
11/13/2025, 7:38 AM
by Vanerihands
7
I checked a bit about that “Swedish expansion” and the neighbors had already taken notice, with several articles found reporting the arrival...
11/8/2025, 9:56 AM
by Pieni siivu
12
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.