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NoHo Partners

8.08 EUR

-0.74 %

9,129 following
Corporate customer

NOHO

NASDAQ Helsinki

Consumer Services

Consumer Goods & Services

-0.74 %
-1.70 %
+0.75 %
-9.82 %
-12.17 %
+0.50 %
+9.19 %
+13.48 %
+62.58 %

NoHo Partners is a Finnish group specialized in services within the restaurant industry. The group operates a number of restaurants in Finland, Denmark, Norway and other parts of Europe. The company's restaurant concepts include, among others. Elit, Savoy, Teatteri, Sea Horse, Stefans Steakhouse, Palace, Löyly, Hangö Sushi, Friends & Brgrs Cock's & Cows and Holy Cow! . The company was founded in 1996.

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Market cap
170.04M EUR
Turnover
71.49K EUR
P/E (adj.) (25e)
5.27
EV/EBIT (adj.) (25e)
15.06
P/B (25e)
1.72
EV/S (25e)
1.33
Dividend yield-% (25e)
6.19 %
Coverage
Recommendation
Accumulate
Target price
9.00 EUR
Updated
04.11.2025
Disclaimer
Sauli Vilén
Arttu Heikura
Arttu Heikura, Sauli Vilén
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Latest research

Latest analysis report

Released: 24.02.2025

Latest extensive report

Released: 27.08.2021

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
11.2
2026

Annual report '25

15.4
2026

General meeting '26

5.5
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
Third party research

NoHo Partners: Norwegian challenges remain - Nordea

NoHo Partners' Q3 2025 was challenging, mainly due to Norway, where the market keeps declining and the anticipated turnaround has not yet emerged. The market remained muted also in Finland, although we expect the pre-Christmas season to ease the situation...

NoHo Partners

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Third party research

NoHo Partners: Weak Q3 due to Norway - Nordea

NoHo Partners reported Q3 EBIT of EUR 7.6m from continuing operations (down 13% y/y), 12% below Vara Research consensus and 9% below our estimate. Net sales from continuing operations were up 3% y/y to EUR 91.4m, but were 4% below consensus and in line...

NoHo Partners
Third party research

NoHo Partners acquires 75% stake in Jungle Juice Bar - Nordea

NoHo Partners announced today that it has acquired the majority stake of 75% in the smoothie and juice bar chain Jungle Juice Bar (JJB), which operates 41 units across Finland. Founded in 2010, JJB grew rapidly in the 2010's and remains Finland's largest...

NoHo Partners
Third party research

NoHo Partners: Our insights from a meeting with the CEO - Nordea

We hosted NoHo Partners' CEO Jarno Suominen for a lunch meeting today in Helsinki. The most insightful discussion topics, in our view, included acquisition targets and synergies, Nokia Arena operations, a possible loyalty program and the impact of tourism...

NoHo Partners
Third party research

NoHo Partners: Rain, no shine, Q2 not in line - Nordea

NoHo Partners' Q2 2025 results fell short of Vara Research consensus expectations, mainly due to the cold start to the summer in Finland and challenging market conditions in Norway. We argue, however, that the company's performance will likely improve...

NoHo Partners
Third party research

We are fairly in line with consensus ahead of Q2 - Nordea

NoHo Partners will publish its Q2 2025 results on 5 August, at around 8:00 EET. Although the Finnish consumer confidence is still below its historical average and the Nordea card data points to a sluggish spending in restaurants during Q2, we believe...

NoHo Partners
Third party research

NoHo Partners: Solid outcome ahead of the busy season - Nordea

NoHo Partners' Q1 2025 results missed Vara Research expectations on several items, but we argue that the seasonally small quarter should not be taken as a bellwether for the full year. Reservation levels ahead of the busy summer season are solid, and...

NoHo Partners
Forum discussions
Statistics Finland’s statistics on food service turnover have developed well in recent months:
1/8/2026, 6:48 AM
by Karhu Hylje
19
Also according to Nordea’s card data, restaurants had a pretty good December:
1/15/2026, 9:38 AM
by Karhu Hylje
18
Noho Hospitality Partners Suurimmat osakkeenomistajat - Noho Hospitality Partners In December, Heikkilä’s Proprius Partners increased its holdings, and apparently former Terveystalo CEO and board member Yrjö Närhinen bought or otherwise arranged 40k shares for himself.
1/3/2026, 12:14 PM
by OttoJ
15
Greetings! NoHo Partners’ financial statement release will be published on Wednesday, February 11, at approximately 8:00 a.m. A results briefing for analysts, investors, and the media will be held on the same day at 10:00 a.m. at the Kulttuurikasarmi event space in Helsinki. Breakfast...
1/21/2026, 9:05 AM
by Sanna Sandvall
14
Sales of the largest wholesaler, Kespro, grew by 8.1% and by 4-6% on a comparable basis. Perhaps this recovery will start from here.
1/16/2026, 9:38 AM
by OttoJ
12
According to Ilmarinen’s Business Cycle Index, the number of employees in the restaurant and accommodation sector continued to grow in December:
1/15/2026, 9:33 AM
by Karhu Hylje
12
Happy New Year to the thread! I will definitely add this to the list of questions for the Q4 interview. As a reminder, NoHo (like most other listed companies) has an open Q&A in the webcast, so you can also submit these questions there.
1/12/2026, 7:35 AM
by Sauli Vilen
10
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