Research
Evli: EAB integration progressing surprisingly well
Q4 figures were in line with our expectations, but the faster-than-expected progress of the EAB integration and the recovering market situation have led to clear upward revisions.
Evli is an asset management company. The group offers a range of financial services related to asset management and loan financing. Its customers include both private savers and larger corporate customers, with the largest activity in asset management. In addition to its core business, it also offers various ancillary services within fund operations. Evli has its headquarters in Helsinki.
Read more on company pageKey Estimate Figures26.01.2023
| 2022 | 23e | 24e | |
|---|---|---|---|
| Revenue | 96.1 | 113.1 | 124.8 |
| growth-% | -16.8 % | 17.7 % | 10.4 % |
| EBIT (adj.) | 30.6 | 45.5 | 53.6 |
| EBIT-% (adj.) | 31.8 % | 40.2 % | 43.0 % |
| EPS (adj.) | 0.85 | 1.19 | 1.53 |
| Dividend | 1.15 | 1.57 | 1.88 |
| Dividend % | 7.6 % | 7.1 % | 8.5 % |
| P/E (adj.) | 17.8 | 18.5 | 14.4 |
| EV/EBITDA | 10.7 | 10.0 | 8.5 |
Forum discussions
Here are Sauli’s thoughts on Evli in a video, in addition to the report Inderes Evli: Hyvää ei saa halvalla - Inderes Aika: 27.10.2025 klo 17...
10/27/2025, 3:08 PM
by Mikael Maijala
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