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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.

Ilkka

3.68 EUR-0.81 %6.11, 17.29
3,746 following

ILKKA

NASDAQ Helsinki

Media & Entertainment

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Short Selling
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-0.81 %
+2.79 %
-6.36 %
-6.36 %
-4.17 %
-11.54 %
+22.67 %
-21.87 %
+81.97 %

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
98.8M EUR
Turnover
12.12K EUR
P/E (adj.) (26e)
17.85
EV/EBIT (adj.) (26e)
330.14
EV/S (26e)
2.42
Dividend yield-% (26e)
7.07 %
Coverage
Recommendation
Accumulate
Target price
4.00 EUR
Updated
02.11.2026
Disclaimer
Roni Peuranheimo
Roni Peuranheimo

Analyst

Latest research

Latest analysis report

Released: 03.11.2026

Revenue and EBIT-%
EPS and dividend
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Forum discussions
If there’s anything positive to take from the Inderes interview, it was the CEO’s comment that there won’t be any new acquisitions in the near future. Ilkka is a textbook example of a fool’s errand. They loudly proclaimed in Seinäjoki that they have cash and an appetite for M&A, ...
11/3/2026, 10:12 AM
by Bensatankki
5
Somehow, these excellent Inderes interviews haven’t really helped build my confidence in company management. The CEO repeats the phrase “we believe” maybe fifteen times, without much in the way of concrete substance. Money is spent on acquisitions, but the results just aren’t showing...
11/3/2026, 8:17 AM
by investori86
5
Ilkka continues to struggle to turn a profit from its own operations. At least the Alma Media ownership keeps pushing forward.
11/2/2026, 11:27 AM
by Farseer
3
I read the article. It was interesting, thanks for sharing. There are a lot of Southern Ostrobothnian surnames in Ilkka’s top 100 shareholder list. I don’t know what kind of loyalty there is in the region towards this cash-burning strategy, but I certainly wouldn’t count on finding...
10/26/2026, 5:43 PM
by mikde
3
Here is a company report on Ilkka from Roni regarding Q3 :)\n\n> Ilkka’s Q3 figures showed that the organic development of continuing operations remains sluggish, and their operational result this year is at best set to be only marginally positive. In terms of the sum-of-the-parts...
11/3/2026, 7:06 AM
by Sijoittaja-alokas
2
Ilkka’s articles of association have made changes difficult. Even though they got rid of the two separate share classes this year (where exercising the voting rights of the high-vote Series A shares required board approval), the general meeting still employs a 1/20 voting cap. A ...
11/3/2026, 9:43 AM
by Farseer
1
Well said. I personally invested in this because of the Alma ownership and the dividends, with the thought that the rest of the business was a free option. I didn’t realize an option could have negative value—my assumption was 0 at worst. I’ll have to see at what point to give up...
11/3/2026, 9:40 AM
by Janne
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Ilkka Q3'26: Den organiske udvikling halter fortsat
Research03.11.2026, 07.00
by Roni Peuranheimo

Ilkka Q3'26: Den organiske udvikling halter fortsat

Ilkas Q3-tal Ikaalisten... Ilkas Q3-tall visade, at den organiske udvikling inden for de fortsættende forretningsområder fortsat er svag, og at selskabets operationelle resultat i år i bedste fald kun vil forblive knapt positivt.

Ilkka
Ilkka Q3'26: Epävarmuus markkinalla jatkui12:22
Video02.11.2026, 15.10
by Roni Peuranheimo

Ilkka Q3'26: Epävarmuus markkinalla jatkui

Ilkka
Ilkka Q3'26 preview: Odotamme orgaanisen kehityksen olleen edelleen vaisua
Analyst Comment28.10.2026, 06.10
by Roni Peuranheimo

Ilkka Q3'26 preview: Odotamme orgaanisen kehityksen olleen edelleen vaisua

Vi venter, at den organiske omsætning vil falde, men opkøbet af Custobar vender den samlede vækst til at blive positiv.

Ilkka

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Analyst Comment23.10.2026, 09.01
by Petri Gostowski

Advertising spend steady in Q3

According to statistics published by Fifty5Blue, the volume of Finnish media advertising decreased by 1.5% year-on-year in September.

SanomaAlma MediaIlkkaKeskisuomalainen
Analyst Comment01.10.2026, 06.39
by Roni Peuranheimo

Ilkka udnævner fælles adm. direktør for Liana og Profinder

Den fælles adm. direktør for datterselskaberne strømliner koncernstrukturen og fremskynder søgningen efter synergier.

Ilkka
Analyst Comment24.09.2026, 08.56
by Petri Gostowski

Ad investments remained flat in August

According to statistics published by Fifty5Blue, media advertising volumes in Finland showed stable development in August.

SanomaAlma MediaKeskisuomalainenIlkka
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
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