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Tekova meddelt, at de i Q2 modtog nye ordrer for 24 MEUR

TEKOVAAnalyst Comment03.07.2026, 06.00
Kasper MellasAnalyst
Discuss

Summary

  • Tekova indgik i 2. kvartal aftaler om seks nye erhvervsejendomsprojekter til en samlet værdi af cirka 24 MEUR, men et projekt til 2 MEUR blev annulleret, hvilket resulterede i en nettoeffekt på 22 MEUR.
  • De nye projekter er fordelt i Finland, og byggeriet forventes at starte i løbet af indeværende år, hvilket understøtter omsætningsudviklingen i slutningen af året.
  • Projektmarginerne er forblevet gode trods markedets udfordringer, hvilket afspejles i Tekovas opjustering af den nedre grænse for resultatvejledningen for indeværende år.

Dette indhold er genereret af AI. Du kan give feedback om det på Inderes forum.

Automatisk oversættelse: Oprindeligt udgivet på finsk 3.7.2026, 04.00 GMT. Giv feedback her.

Tekova meddelt torsdag, at selskabet i andet kvartal indgik aftaler om seks nye erhvervsejendomsprojekter til en samlet værdi af cirka 24 MEUR. Samtidig oplyste selskabet, at et projekt til en værdi af cirka 2 MEUR, som blev aftalt i Q1, var blevet annulleret på grund af kontraktbetingelserne. Nettoeffekten af de nye ordrer var således 22 MEUR, hvilket fuldt ud svarer til vores estimat. Meddelelsen giver derfor ikke anledning til ændring i estimaterne.

De nye projekter er bredt fordelt i Finland, og byggeriet af dem alle forventes at starte i løbet af indeværende år. Udviklingen i ordrebogen og den hurtige opstart af projekterne understøtter således selskabets omsætningsudvikling i resten af året. Ifølge vores vurdering har projektmarginerne også holdt sig på et godt niveau trods det udfordrende generelle marked, da Tekova for nylig opjusterede den nedre grænse for selskabets resultatvejledning for indeværende år.

Tekova is a construction company in Finland, specializing in the construction of business premises, offices, logistics, production and sports facilities. The projects are tailored to the needs of the customers. The regional companies include Tekova Länsi-Suomi Oy in Tampere and Tekova Pohjois-Suomi Oy in Kempele. Tekova was founded in 2018 and has its headquarters in Vantaa.

Read more on company page

Key Estimate Figures23.04

202526e27e
Revenue110.7107.7111.7
growth-%68.9 %-2.7 %3.7 %
EBIT (adj.)10.39.310.0
EBIT-% (adj.)9.3 %8.6 %9.0 %
EPS (adj.)0.190.170.19
Dividend0.090.090.10
Dividend %6.9 %9.2 %10.2 %
P/E (adj.)7.05.85.2
EV/EBITDA3.82.11.6

Forum discussions

Tekova Handed Over Kuopio Commercial Property to Kielo – All Four Stores to Open by Year-End | Kauppalehti
11/10/2026, 12:11 PM
by Alamäki
6
Hi, thanks for the good question. The increase in the required rate of return is not company-specific. We raised our risk-free rate assumption...
11/2/2026, 8:36 AM
by Atte Jortikka
18
At the end of September, there were 1.1 million nominee-registered shares. Now, at the end of October, there were only 330k left. So that’s ...
11/2/2026, 8:10 AM
by hoooo
2
This doesn’t strictly belong in the Tekova thread, but Inde’s target price is the analyst’s guess of what the share price might be in 12 months...
10/29/2026, 7:50 PM
by Critter
3
Hold on a second. Tekova’s report beat Inderes’ profitability estimate as well as EBIT and EPS clearly (again). The analyst raises the EPS forecasts...
10/29/2026, 7:44 PM
by Onni Mäihä
11
Here is @henrielo’s piece on Tekova. The CEO notes that spring and summer were commercially quieter than usual, but “there is now a clearly ...
10/29/2026, 4:03 PM
by Sijoittaja-alokas
11
Here is the company report from Atte following Tekova’s Q3 release Tekova’s Q3 revenue fell short of our forecast, but operating profit clearly...
10/28/2026, 5:28 AM
by Sijoittaja-alokas
6