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
    }
  }
}


etteplan-elite-technology-service-company

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Juha Kinnunen

Etteplan operates in the industrial sector. The company offers consulting and installation services for industrial machinery and related systems. Examples of solutions include system development, automated solutions, technical documentation services and risk and control systems. Customers are found in various industries on a global level, especially in the automotive, aerospace and defense industries. The head office is located in Vantaa.

Here is a fresh company report from Roni on Etteplan and its Q4  Etteplan’s Q4 figures fell slightly short of our forecasts, and the midpoints of the 2026 guidance were also slightly lower than our estimates. There is no immediate recovery visible in the market outlook, and the company’s customer base still appears to be very cautious. Due to the prolonged weak market situation and the risks associated with the transition phase caused by AI, we have slightly increased our required rate of return.                   Inderes              Etteplan Q4'25: Haasteet uhkaavat pitkittyä - Inderes    Etteplanin Q4-luvut jäivät aavistuksen ennusteistamme, ja myös vuoden 2026 ohjeistuksen keskipisteet olivat hieman ennusteitamme matalammat.

Roni Peuranheimo’s guest was Etteplan CEO Juha Näkki                   Inderes              Etteplan Q4'25: Haastava markkina vaivasi - Inderes    Aika: 12.02.2026 klo 16.59 Investointien käynnistymiset antoivat odottaa itseään vuonna 2025, mikä näkyi vaikeana markkinana Etteplanille. Etteplanin toimitusjohtaja Juha Näkki kommentoi analyytikko Roni Peuranheimon haastattelussa.                             Topics: 00:00 Introduction  00:11 Successes and challenges for Q4 and the full year 2025  01:49 Risks realized at the end of the year  02:28 Impact of AI on demand and work  05:52 Demand outlook  08:57 Guidance

Roni has been quick to write a comment regarding the release above  Etteplan announced that it is initiating change negotiations in its Software and Embedded Solutions service area in Finland. The negotiations cover 336 employees and could lead to a maximum of 40 redundancies and a maximum of 30 temporary layoffs. The measures are driven by a weak market situation and structural changes brought about by AI. The news is not a big surprise considering the service area’s recent weak performance, but the structural changes brought by AI are long-lasting and raise concerns.                   Inderes              Etteplan käynnistää muutosneuvottelut Ohjelmisto- ja sulautetut ratkaisut...    Tekoälyn tuoma murros ja heikko kysyntä pakottavat yhtiön käynnistämään muutosneuvottelut.

Inderes              Sisäpiiritieto: Etteplan käynnistää muutosneuvottelut Ohjelmisto- ja...    Etteplan Oyj, Pörssitiedote/Sisäpiiritieto, 10.2.2026 klo 08.00Sisäpiiritieto: Etteplan käynnistää muutosneuvottelut Ohjelmisto- ja sulautetut ratkaisut -palvelualueellaan Etteplan aloittaa ...                             Inside information: Etteplan initiates change negotiations in its Software and Embedded Solutions service area Etteplan is initiating change negotiations in its Software and Embedded Solutions service area. The objective of the change negotiations is to adjust the service area’s competence base to support the implementation of Etteplan’s strategy. The change negotiations are being initiated based on grounds according to the Act on Co-operation within Undertakings for financial, production-related, and operational restructuring reasons. The negotiations cover all employees of Etteplan’s Software and Embedded Solutions service area in Finland, a total of 336 employees. The planned measures may lead to the termination of employment for a maximum of 40 employees and, in addition to previously implemented layoffs, the indefinite layoff or reduction to part-time work of a maximum of 30 employees. “The weak market situation and the structural changes brought about by artificial intelligence in the industry have reduced demand for the Software and Embedded Solutions service area, weakened its profitability and, consequently, the sustainability of operations. Adjusting the competence base to the changes brought by AI and accelerating the implementation of the strategy are necessary. We now have to make difficult decisions so that we can determinedly develop the service area into an even stronger expert in industrial AI and digitalization,” says Harri Saikkonen, Director of the Software and Embedded Solutions service area. The change negotiations will begin on February 10, 2026, and are estimated to be completed by the end of March 2026.

Roni has provided his preview comments as Etteplan reports its Q4 results on Thursday, February 12, 2026  Etteplan will publish its financial statement bulletin for 2025 on Thursday, February 12, 2026, and the company’s earnings release can be followed here at 3:00 PM. The company’s guidance for 2025 is broad, and there is plenty of suspense regarding the end-of-year development. In any case, the end of the year has remained difficult for the company, and it is mainly a question of the scale of the challenges. We expect slight inorganic revenue growth and an operating result roughly in line with the comparison period. The focal point of the report is the guidance and outlook for 2026. At the beginning of the year, the market situation will likely remain challenging, but there are also positive drivers for the year.                   Inderes              Etteplan Q4'25 -ennakko: Loppuvuoden kehitykseen liittyy epävarmuutta, mutta...    Orgaaninen liikevaihto supistui arviomme mukaan edelleen Q4:llä, ja kasvu nojaa täysin yritysostoihin.

Here is Etteplan CEO Juha Näkki’s presentation on his company at the Investor 2025 event.                    Inderes              Etteplan sijoituskohteena | Sijoittaja 2025 - Inderes    Aika: 28.11.2025 klo 11.24 Etteplanin toimitusjohtaja Juha Näkki kertoo yhtiön liiketoiminnasta Sijoittaja 2025 -tapahtumassa.

Here are Roni’s comments on Etteplan’s new updated framework agreement with Vattenfall.  Etteplan announced on Thursday that it had signed a new framework agreement with Vattenfall AB. The agreement is a continuation of the companies’ long-standing cooperation, and therefore does not cause pressure for changes to our forecasts. However, the news is positive in a challenging market where the company has complained more about project postponements and cancellations.                   Inderes              Etteplan tiedotti päivitetystä puitesopimuksesta Vattenfallin kanssa - Inderes    Etteplan tiedotti torstaina allekirjoittaneensa uuden puitesopimuksen Vattenfall AB:n kanssa.

Etteplan

Etteplan succeeded excellently in its transformation into a technology service company with solid and comprehensive expertise also in software solutions. 

<p>Etteplan succeeded excellently in its transformation into a technology service company with solid and comprehensive expertise also in software solutions. The track record of profitable growth is strong and earnings growth will continue in the future as well. However, we estimate that it will be difficult to improve the already excellent profitability in the future. This weighs on the earnings growth rate, while the share's valuation level is in practice record-high (2022e P/E ~20x). </p> 

	2020	21e	22e
Revenue	259.7	298.1	326.9
growth-%	-1.4 %	14.8 %	9.6 %
EBIT (adj.)	23.3	26.6	29.9
EBIT-% (adj.)	9.0 %	8.9 %	9.1 %
EPS (adj.)	0.72	0.82	0.91
Dividend	0.34	0.40	0.46
Dividend %	2.6 %	4.4 %	5.1 %
P/E (adj.)	17.9	11.0	9.8
EV/EBITDA	9.0	6.0	5.2

Etteplan: Elite technology service company

Key Estimate Figures22.11.2021

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