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Ilkka

3.83 EUR+0.26 %7.9, 9.16
3,732 following

ILKKA

NASDAQ Helsinki

Media & Entertainment

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Investor views
Compare
+0.26 %
-2.54 %
-3.77 %
-10.93 %
-0.26 %
+2.68 %
+24.35 %
-22.63 %
+89.39 %

Ilkka is a group providing marketing, technology, and data services that serves corporate customers both in Finland and internationally. The core of Ilkka's business in Finland is Summa Collective, which includes Liana, Evermade, Profinder, MySome and Myyntinmaailma. Internationally, the company focuses especially on Sweden and the Middle East, where they operate through Liana and Profinder. The Group employs a large number of marketing and technology experts, and the head office is in Seinäjoki.

Read more
Market cap
102.83M EUR
Turnover
3.83K EUR
P/E (adj.) (26e)
17.09
EV/EBIT (adj.) (26e)
102.16
P/B (26e)
0.5
EV/S (26e)
2.45
Dividend yield-% (26e)
6.79 %
Coverage
Recommendation
Reduce
Target price
4.00 EUR
Updated
31.08.2026
Disclaimer
Roni Peuranheimo
Roni Peuranheimo

Analyst

Latest research

Latest analysis report

Released: 01.09.2026

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
Olli Pirhonen CEO of Ilkka Oyj starting March 14, 2017 Previously served as: CFO and Board Secretary of Ilkka Oyj 2014-2017 and Deputy CEO 2015-2017 So you’d think, but in practice, the exact same CEO has been in the house for ten years, and Alma’s dividends are being tossed here...
9/4/2026, 1:27 PM
by TJT
7
I was thinking the same thing a few years ago. Then I browsed the depths of the internet a bit and realized that the same thing had been preached for years without results. This is already a couple of years ago now, and nothing seems to have changed. After the latest acquisition,...
9/4/2026, 10:35 AM
by ozkuz
4
Pirhonen has been with the company for almost 10 years, and the stock’s return over that period is +85% without dividend reinvestments. Not great, not terrible.
9/4/2026, 2:38 PM
by Critter
2
Still, dividends can probably be expected for quite a long time thanks to the Alma holdings, right? Another thing is that surely the owners (the board) won’t watch that kind of performance for very long. If I calculated correctly, Ilkka has about €120 million in Alma holdings and...
9/4/2026, 6:54 AM
by Matsku
2
It’s quite odd that pension companies and a life insurance company are among the owners there, and you’d think they would have some interest in at least making the business profitable too. But yeah, let’s buy a little bit of this. Probably won’t fall from very high. Though of course...
9/4/2026, 8:26 AM
by Matsku
1
I agree regarding Alma. In Ilkka’s case, I believed this to be the way things were as well, but based on the evidence seen now, I am no longer so sure when Ilkka minus Alma will start to be managed the way a listed company should be managed.
9/4/2026, 7:00 AM
by Janne
1
Hmm, Alma Media’s future is seen as reasonably good. But would it be better to buy Ilkka and get some other business operations at the same time? Right now, it seems the market is pricing Ilkka in such a way that the actual business operations are eating up Ilkka’s Alma and other...
9/4/2026, 6:18 AM
by Matsku
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
2.11
2026

Interim report Q3'26

Ilkka: En ny brikke, der udvider det samlede udbud
Research01.09.2026, 07.00 by
Roni Peuranheimo

Ilkka: En ny brikke, der udvider det samlede udbud

Markedsføringsteknologiselskabet Custobar, som er blevet opkøbt af Ilkka, har historisk set gode resultater for skalérbar vækst.

Ilkka
Analyst Comment27.08.2026, 08.43 by
Petri Gostowski

Ad investments nearly flat in July

According to statistics published by Fifty5Blue (formerly Kantar), the volume of Finnish media advertising decreased by nearly 1% in July year-on-year.

SanomaAlma MediaIlkkaKeskisuomalainen
Ilkka Q2'26: Egne forretningsområder halter
Research11.08.2026, 07.00 by
Roni Peuranheimo

Ilkka Q2'26: Egne forretningsområder halter

Selskabets udvikling i 2. kvartal var lavere end vores estimater, selv efter nedjusteringen.

Ilkka

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Ilkka Q2'26 preview: Forventningerne er lave efter nedjusteringen
Research04.08.2026, 07.00 by
Roni Peuranheimo

Ilkka Q2'26 preview: Forventningerne er lave efter nedjusteringen

Selskabet udstedte allerede sin anden negative nedjustering i slutningen af juli, hvilket betyder, at regnskabsmeddelelsen fokuserer på baggrunden for nedjusteringen og markedsudsigterne.

Ilkka
Ilkka har for anden gang sænket sine forventninger til indeværende år
Analyst Comment30.07.2026, 07.10 by
Atte Riikola

Ilkka har for anden gang sænket sine forventninger til indeværende år

EBIT for egen drift vil falde i år på grund af vækstinvesteringer og svag efterspørgsel.

Ilkka
Analyst Comment20.07.2026, 08.31 by
Petri Gostowski

Ad investments turned to growth in June

According to statistics published by Fifty5Blue (formerly Kantar), media advertising volumes in Finland grew at a solid pace of 4.5% year-on-year in June

SanomaAlma MediaKeskisuomalainenIlkka
Analyst Comment22.06.2026, 07.37 by
Petri Gostowski

The rate of decline in ad investments eased in May

According to statistics published by Fifty5Blue (formerly  Kantar), the volume of Finnish media advertising decreased by a moderate 2% in May year-on-year.

SanomaAlma MediaKeskisuomalainenIlkka
Analyst Comment27.05.2026, 08.27 by
Aapeli Pursimo

Ad investments fell significantly in April

The amount of media advertising in Finland decreased by as much as 15% year-on-year in April.

SanomaAlma MediaIlkkaKeskisuomalainen
Ilkka Q1'26: Vækstforventningerne er aftaget
Research05.05.2026, 07.15 by
Roni Peuranheimo

Ilkka Q1'26: Vækstforventningerne er aftaget

Ilkkas Q1-udvikling lå under vores forventninger forud for nedjusteringen.

Ilkka
Analyst Comment29.04.2026, 06.20 by
Roni Peuranheimo

Ilkka nedjusterer forud for Q1-regnskabet

Svag efterspørgsel og vækstinvesteringer udvandede resultatforbedringen.

Ilkka
Analyst Comment28.04.2026, 08.29 by
Petri Gostowski

Development of advertising investments has been sluggish in early 2026

According to statistics published by Fifty5Blue (formerly Kantar), the amount of media advertising in Finland decreased by 4% year-on-year in March.

SanomaAlma MediaIlkkaKeskisuomalainen
Ilkka Q1'26 preview: Forventet beslutning fra generalforsamlingen
Research24.04.2026, 07.00 by
Roni Peuranheimo

Ilkka Q1'26 preview: Forventet beslutning fra generalforsamlingen

Ilkas generalforsamling godkendte som forventet sammenlægningen af aktieklasserne, hvilket er det første skridt i reformen af selskabets ledelsesstruktur.

Ilkka
Regulatory press release16.04.2026, 18.00

Ilkka Oyj: Acquisition of own shares on 16 April 2026

Ilkka
Regulatory press release15.04.2026, 18.00

Ilkka Oyj: Acquisition of own shares on 15 April 2026

Ilkka
Regulatory press release14.04.2026, 18.00

Ilkka Oyj: Acquisition of own shares on 14 April 2026

Ilkka
Regulatory press release13.04.2026, 18.00

Ilkka Oyj: Acquisition of own shares on 13 April 2026

Ilkka
Regulatory press release10.04.2026, 18.00

Ilkka Oyj: Acquisition of own shares on 10 April 2026

Ilkka
Regulatory press release09.04.2026, 18.00

Ilkka Oyj: Acquisition of own shares on 9 April 2026

Ilkka
Regulatory press release08.04.2026, 18.00

Ilkka Oyj: Acquisition of own shares on 8 April 2026

Ilkka
Regulatory press release07.04.2026, 18.00

Ilkka Oyj: Acquisition of own shares on 7 April 2026

Ilkka