Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Transcripts
    • AGM Invitations
    • IPOs
  • inderesTV
  • Forum
  • Discovery
  • About Us
    • Our Coverage
    • Team

Anora Group

3.65 EUR

-0.14 %

5,583 following
Corporate customer

ANORA

NASDAQ Helsinki

Food & Beverage

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Investor consensus
Compare
-0.14 %
-7.24 %
-6.65 %
-5.32 %
+26.96 %
+14.06 %
-34.23 %
-65.24 %
-52.72 %

Anora Group is a producer of alcoholic beverages. The product portfolio consists of wine and spirits marketed under various brands. The largest operations are found in the Nordics and the Baltics, and the company's products are exported to retailers in Europe and North America. The company was created through a merger of Altia and Arcus in 2021 and has its headquarters in Helsinki.

Read more
Market cap
246.57M EUR
Turnover
305.82K EUR
P/E (adj.) (26e)
9.63
EV/EBIT (adj.) (26e)
7.21
P/B (26e)
0.62
EV/S (26e)
0.51
Dividend yield-% (26e)
7.12 %
Coverage
Recommendation
Reduce
Target price
4.00 EUR
Updated
09.04.2026
Disclaimer
Rauli Juva
Rauli Juva

Analyst

Latest research

Latest analysis report

Released: 09.04.2026

Latest extensive report

Released: 09.04.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
6.5
2026

Interim report Q1'26

14.8
2026

Interim report Q2'26

30.10
2026

Interim report Q3'26

Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
ShowingAll content types
Regulatory press release4/14/2026, 10:15 AM

Decisions taken by Anora’s Annual General Meeting 2026 and the organisational meeting of the Board of Directors

Anora Group
Anora Extensive Report: Efficiency compensates for lack of growth
Extensive research4/9/2026, 5:12 AM by
Rauli Juva

Anora Extensive Report: Efficiency compensates for lack of growth

We find the share's valuation to be neutral, and the growth potential is limited.

Anora Group
Regulatory press release3/18/2026, 3:20 PM

Anora’s Annual Report for 2025 has been published

Anora Group

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Regulatory press release3/18/2026, 12:30 PM

Anora Group Plc: Notice of the Annual General Meeting 2026

Anora Group
Regulatory press release2/23/2026, 12:00 PM

Anora Group Plc: Managers' Transactions – Rebecca Tallmark

Anora Group
Anora: Viva Wine expects growth in the Nordics and a stable margin for this year
Analyst Comment2/20/2026, 6:47 AM by
Rauli Juva

Anora: Viva Wine expects growth in the Nordics and a stable margin for this year

Viva Wine's margin outlook is in line with our estimates for Anora's Wine segment.

Anora Group
Anora Q4’25: A challenging market8:22
Video2/19/2026, 11:59 AM by
Rauli Juva, Pia Maljanen

Anora Q4’25: A challenging market

Revenue development fell short of our expectations, but Anora improved its adjusted EBITDA.

Anora Group
Regulatory press release2/13/2026, 2:15 PM

Anora Group Plc: Managers' Transactions – Atle Vidar Nagel Johansen

Anora Group
Anora Q4’25: Guidance promises a slight earnings increase
Research2/12/2026, 6:57 AM by
Rauli Juva

Anora Q4’25: Guidance promises a slight earnings increase

The midpoint of the 2026 guidance indicates an earnings improvement of over 5 MEUR, in line with the company's medium-term targets.

Anora Group
Anora Q4'25 flash comment: Earnings in line with expectations, guidance promises improvement
Analyst Comment2/11/2026, 7:56 AM by
Rauli Juva

Anora Q4'25 flash comment: Earnings in line with expectations, guidance promises improvement

Anora's Q4 result was largely in line with our estimates. The company guides for this year's adjusted EBITDA to be 74-79 MEUR.

Anora Group
Regulatory press release2/11/2026, 7:00 AM

Anora Group’s Board of Directors decided on a new plan period within the share-based long-term incentive scheme for management and selected key employees

Anora Group
Regulatory press release2/11/2026, 6:30 AM

Anora Group Plc’s Financial Statement Release for 1 January - 31 December 2025: Improved execution and cost discipline drove strong comparable EBITDA in Q4

Anora Group
Anora Group Q4'25 preview: Guidance appears to hold, earnings improvement ahead
Analyst Comment2/9/2026, 8:06 AM by
Rauli Juva

Anora Group Q4'25 preview: Guidance appears to hold, earnings improvement ahead

Efficiency measures are expected to boost Q4 earnings to 30 MEUR, despite a sluggish market.

Anora Group
Regulatory press release1/21/2026, 11:30 AM

Proposals by Anora’s Shareholders’ Nomination Board to the Annual General Meeting 2026

Anora Group
Press release1/21/2026, 8:00 AM

Publication of Anora’s Financial Statement Release for January–December 2025 on 11 February 2026 and invitation to results presentation

Anora Group
Anora: Earnings improvement in estimates, valuation neutral
Research1/21/2026, 7:39 AM by
Rauli Juva

Anora: Earnings improvement in estimates, valuation neutral

Anora's guidance for last year seems to hold, and we expect cost savings to support earnings improvement this year.

Anora Group
Regulatory press release12/22/2025, 3:00 PM

Anora Group Plc: Managers' Transactions - Stein Eriksen

Anora Group
Regulatory press release12/22/2025, 10:00 AM

Anora Group Plc: Managers' Transactions - Atle Vidar Nagel Johansen

Anora Group
Regulatory press release12/3/2025, 1:00 PM

Decisions taken by Anora Group Plc's Extraordinary General Meeting and updated composition of the Committees of the Board of Directors

Anora Group
Analyst Comment11/21/2025, 9:15 AM by
Rauli Juva

Anora: Sales development of main wine competitor Viva Wine was slightly better than Anora's in Q3

Viva Wine, the main competitor of Anora's Wine segment, announced its Q3 result yesterday and updated its targets.

Anora GroupViva Wine
Forum discussions
Maybe a bit off-topic, but I’ll post it here anyway. The Finnish Long Drink, a Finnish long drink company, was sold for 275 million euros. I think that’s a pretty good price, considering Anora’s market cap is 273.6 million. Helsingin Sanomat – 14 Apr 26 Yrityskaupat | Suomalaislä...
4/14/2026, 9:35 AM
by Peketeus
12
Alko’s quarterly sales statistics for Q1 were released today. The trend remains negative for Anora, with wines down 6% and spirits down 5%. Easter fell at the turn of March and April this year, whereas last year it was in late April, so the Q1 figures should have received a small...
4/8/2026, 6:56 AM
by Rauli_Juva
6
Enjoy the read with a good drink (not a recommendation to use alcoholic beverages, ed. note): Anoran vuosikertomus vuodelta 2025 on julkaistu | Kauppalehti
3/18/2026, 3:55 PM
by NukkeNukuttaja
6
Anora’s view indeed remains unchanged. The strategy and financial targets sections have been updated to reflect the company’s updates from late last year, with other sections receiving more standard updates. I slightly revised the forecasts downwards due to nascent cost inflation...
4/9/2026, 6:10 AM
by Rauli_Juva
5
On Friday, there were also rumors that Sazerac had approached Brown-Forman with some kind of deal.
4/12/2026, 10:32 AM
4
According to Bloomberg, Brown-Forman and Pernod Ricard are considering a possible merger. The news came out over a week ago, but let’s put it here too. In a structurally declining market, it would be good to optimize structures. You can read some kind of summary from Yahoo Finance...
4/10/2026, 10:58 AM
by poutapilviä
4
Rauli has prepared a new comprehensive report on Anora, and like other comprehensive reports, it is available for everyone to read. We slightly lowered our forecasts due to the likely acceleration of inflation, but we still believe the company will gradually improve its results in...
4/9/2026, 5:38 AM
by Sijoittaja-alokas
4
Read more on our forum
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.