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Analyst Comment

Tomi Virtanen er blevet udnævnt til permanent administrerende direktør for Duell

By Tommi SaarinenAnalyst
Duell

Summary

  • Duell har udnævnt Tomi Virtanen som permanent administrerende direktør, efter at han har fungeret som midlertidig direktør siden marts 2026.
  • Virtanen har erfaring inden for international forretning og supply chain management, hvilket er kritisk for at forbedre arbejdskapitalens effektivitet og optimere lagerbeholdninger.
  • Duell forventer en omsætning på cirka 115 MEUR og et justeret EBITA på cirka 2 MEUR for regnskabsåret 2026, hvilket indikerer en nedgang i forhold til 2025.
  • Under Virtanens ledelse vil fokus være på at forbedre forsyningskædestyring og reducere langsomt omsættelige varenumre for at opnå rentabel vækst.

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

Automatisk oversættelse: Oprindeligt udgivet på finsk 8.5.2026, 06.03 GMT. Giv feedback her.

Duell meddelte torsdag, at de har udnævnt Tomi Virtanen til selskabets permanente administrerende direktør. Virtanen har været ansat i selskabet siden begyndelsen af 2026 og som midlertidig administrerende direktør siden begyndelsen af marts. Den nye administrerende direktør er således allerede bekendt med Duells forretning, og efter vores vurdering er retningen for de kommende måneder stort set allerede klar. Vi anser det for vigtigt at finde en ny administrerende direktør hurtigt, da selskabet på grund af den stramme balancesituation ikke har råd til at tøve med at rette op på de franske aktiviteter eller forbedre arbejdskapitalen.

Kompetencer matcher selskabets mest presserende udfordringer

Virtanen started as the company's logistics director at the beginning of 2026, so he already has a feel for the company's operational activities. He has experience in international business and previous CEO experience from several companies. In our opinion, Virtanen's understanding of supply chain management and logistics is critical for the company at this stage, as one of the CEO's most important tasks is to improve working capital efficiency and optimize inventory levels.

Den nye administrerende direktørs mandat fokuserer på at bringe selskabet tilbage på sporet med rentabel vækst i et udfordrende marked. Duells seneste forventninger for regnskabsåret 2026 forudser en omsætning på cirka 115 MEUR og et justeret EBITA-resultat på cirka 2 MEUR. Dette ville betyde et fald i omsætningen på cirka 9,4 % og en betydelig forringelse af det justerede EBITA (2025 omsætning 127 MEUR og EBITA 4,9 MEUR). Under Virtanens ledelse vil selskabet sandsynligvis fortsætte med at fremme de fokusområder, der blev præciseret i foråret, herunder forbedring af forsyningskædestyring og reduktion af langsomt omsættelige varenumre. Selvom udnævnelsen efter vores mening tydeliggør selskabets ledelsessituation, er Duells investeringscase baseret på succesfuld operationel turnaround og en reduktion af balancens risikoniveau.

Duell is an import company. The company's own and imported products are sold through a distribution network covering the European markets. Duell’s range of imported products includes equipment, accessories and spare parts for motorcycling, snowmobiling. boating, bicycling, ATVs/UTVs, mopeds and scooters. The company was founded in 1983 and its headquarters is located in Mustasaari, Finland.

Read more on company page

Key Estimate Figures09.04

202526e27e
Revenue126.6116.2119.1
growth-%1.6 %-8.2 %2.5 %
EBIT (adj.)4.91.93.2
EBIT-% (adj.)3.9 %1.6 %2.7 %
EPS (adj.)0.520.080.18
Dividend0.000.000.00
Dividend %
P/E (adj.)8.224.810.9
EV/EBITDA8.241.95.9

Forum discussions

I wouldn’t draw any major conclusions from this myself either. But, why would she stay with the company for another three months if the new ...
10 hours ago
by UrheiluHemmo
1
As I understand it, this person was a recruit of the previous CEO and thus part of the management team they assembled. In my opinion, it is ...
yesterday
by Tommi_Saarinen
2
I wonder if dynamic storage locations just mean that seasonal junk is kept closer to the shipping area? Decided to buy some shares myself. I...
6/15/2026, 4:29 PM
by Lauri
1
Maybe the chemistry just wasn’t there with the new CEO. Who even remembers the Nokia executives that Hotard replaced anymore? elisaindustriq...
6/15/2026, 2:35 PM
by Zen65
5
Duell’s HR Director to leave the company | Kauppalehti The atmosphere in the company must be bad? Abandoning a sinking ship, or how did it go...
6/15/2026, 1:34 PM
by Pyylevä
1
Tommi and Miksu discussed Duell Duell’s challenging situation is reflected in the collapsed share price. The turnaround is still pending and...
6/11/2026, 2:31 PM
by Sijoittaja-alokas
2
Picked up from the new Inderes video: “And perhaps another challenge related to this dynamics is that at the end of the fiscal year, inventory...
6/11/2026, 1:03 PM
by S_Nyyssonen
6