contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Roni Peuranheimo

Tecnotree operates in the IT sector. The company specializes in the development of digital communication solutions. The services include, for example, business process services and subscription management for corporate customers in telecom and other digital service providers. Operations are held on a global level, with the largest presence in Asia, Africa and the Middle East.

Padma will not appear in the next briefing. Only CFO Indiresh Vivekananda will give the presentation (event on Feb 26, results on Feb 25). The invitation states the following: “The online event will be presented by CFO Indiresh Vivekananda. Due to the voluntary recommended public cash tender offer announced by Resilience Investment Holdings Ltd. on February 5, 2026, investor and analyst communications during the offer period, including all IR events, have been centralized under the responsibility of CFO Vivekananda. As previously announced, CEO Padma Ravichander is part of the buyer consortium. This arrangement ensures proper governance and transparency during the offer period. Padma Ravichander continues in her role as CEO of Tecnotree and is responsible for the company’s daily operations.”            Tecnotree              Kutsu: Tecnotreen Q4 ja koko vuoden 2025 tuloslähetys 26.2.2026

The mail slot rattled. Following the instructions in the letter, I acted immediately and held my own silent protest by shredding the letter without opening it

It will be particularly interesting to hear the insights from Padma and her team in the next review, given the current situation. For me, what weighs heavily is that TT has increasingly gained a foothold in Europe and the United States. Furthermore, the order backlog has grown substantially. Are we on the verge of a major leap forward? The collaboration with HCLTech and Tata Communications is also likely to bear fruit in the future.

@Balle_Ramsted, nothing to be ashamed of. It’s natural and healthy to be a little skeptical of the unknown. However, we are protected by the law here, and not just by the Financial Supervisory Authority (FIN-FSA). Kakkonen is human just like the rest of us, and the same scaremongering from the offeror affects him too.

When reading back this interview given by Nieminen and portfolio manager Haarala in 10/2024, I find it hard to believe they would easily settle for an offer of €5.70. “Nieminen and Haarala consider CEO Ravichander’s ”absurdly sized” total compensation to be particularly outrageous. For example, last year, Ravichander’s salary and short-term incentives amounted to nearly 3.2 million euros.” ..The duo says they are seeking solutions to the company’s numerous governance problems, also through former Chairman of the Board Harri Koponen, who is acting as an intermediary. Why don’t you sell your shares in the company?  ”You can’t sell those amounts, as there is no counterparty to be found,” Haarala says.  ”We don’t want to crash the share price either. We will see this through to the end, as there is an opportunity to fix things. Ultimately, it is just a spice in the portfolio.” Full interview behind a paywall Suursijoittaja Jorma J. Nieminen veivaa ahkerasti osakesalkkuaan – Näissä yhtiöissä hän näkee käännelupauksia | Arvopaperi

Thanks @MoneyWalker! This is good and important information. I have personally been under the (apparently completely erroneous) impression that anyone can sell to anyone at any price as a block trade. I stand corrected. Now I’m actually ashamed =(.

That’s not possible. It’s illegal, and it’s not a gray area. According to Chapter 11, Section 7 of the Securities Markets Act, the party making a public tender offer may not place the holders of the target company’s securities, as referred to in Chapter 11, Section 1 of the Securities Markets Act, in an unequal position (equal treatment). Equal treatment is one of the most central principles to be followed in a public tender offer.

Tecnotree

Tecnotree has continued to grow strongly in recent years, but the company has been unable to convert its EBIT into cash flow due to working capital tie-ups, foreign exchange losses and large investments in product development. The company's internal focus is currently on improving cash flow, but there is no evidence of this yet. 

<p>Tecnotree has continued to grow strongly in recent years, but the company has been unable to convert its EBIT into cash flow due to working capital tie-ups, foreign exchange losses and large investments in product development. The company's internal focus is currently on improving cash flow, but there is no evidence of this yet. The valuation would be attractive if the company's cash flow approached the company's profit level. However, we do not expect an immediate improvement here and with the current cash flow profile we do not see the risk/reward ratio as attractive.</p>

	2023	24e	25e
Revenue	78.4	82.3	86.2
growth-%	9.5 %	5.0 %	4.7 %
EBIT (adj.)	23.8	27.2	26.4
EBIT-% (adj.)	30.4 %	33.0 %	30.6 %
EPS (adj.)	0.71	0.96	1.07
Dividend	0.01	0.02	0.02
Dividend %	0.2 %	0.4 %	0.4 %
P/E (adj.)	9.6	5.9	5.3
EV/EBITDA	4.1	2.7	2.1

Cash flow still needs to be proven

Key Estimate Figures10.05.2024

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