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
  createdAt
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
    forum {
      threadUrl
    }
    defaultInstrument {
      symbol
      id
    }
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    pageUrl
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
  ... on Webcast {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        threadUrl
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        symbol
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
      researchContent {
        title
        lang
        pdfUrl
        relatedContent {
          __typename
          ...PublishingDetails
          ...Reactions
          id
        }
        content {
          title
          lang
          htmlBody
          publishedAt
          createdAt
          changedAt
          isOutdated
          isPremium
        }
      }
    }
    ... 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
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
}

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
    }
  }
}


relais-expansion-of-vehicle-care-offering-through-acquisition-of-tershine-nordea

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Relais Group is an importer and wholesaler for the automotive industry. The group focuses mainly on the development of automotive electronic equipment for trucks. Examples of products that the company supplies include lighting products, applications for warning lights, camera systems, and other spare parts for heavy vehicles. The largest operations are found in the Nordic and Baltic markets, with customers in the aftermarket industry.

Nordea considers the deal positive because, according to them, it takes Relais into a new, fast-growing market.   Relais is acquiring 70% of vehicle care company tershine from its founder and entrepreneur who will continue to lead tershine. Closing is expected as of today and Relais will consolidate tershine from the beginning of August. tershine was founded in 2017 and has an extensive portfolio of professional-grade vehicle care products and has a strong brand, especially in Sweden. The company has had a strong ~33% sales CAGR since 2021 and based on preliminary data for the fiscal year that ended in June 2026, net sales were SEK 155m with EBIT of SEK 29m (18.7% margin, GAAP). Acquisition price is not disclosed while SEK 20m will be paid in Relais shares. We note the company has been historically prudent with acquisition multiples. tershine will be part of Products & Solutions business area and we view the acquisition positively as it opens a new fast growing niche for the company.                    Inderes              Relais: Expansion of vehicle care offering through acquisition of tershine -...    Relais is acquiring 70% of vehicle care company tershine from its founder and entrepreneur who will continue to lead tershine. Closing is expected as of today and Relais will consolidate tershine...

Here are Petri’s comments on Relais’ recent acquisition   Relais announced this morning that it is acquiring 70% of the Swedish automotive care products company Tershine AB. The acquisition strengthens Relais’ Products and Solutions business area, and we consider this small bolt-on acquisition to be well in line with Relais’ M&A strategy.                    Inderes – 28 Jul 26              Relais tekee täydentävän yritysoston Ruotsissa - Inderes    Relais tiedotti aamulla ostavansa 70 % ruotsalaisesta ajoneuvojen hoitotuotteita myyvästä Tershine AB:sta.

New acquisition: Relais Group Plc: Leading vehicle care brand tershine joins Relais Group Founded in 2017, tershine has built a uniquely strong vehicle care brand in less than a decade. This is evidenced by the fact that the company was the second most influential brand in Sweden on social media in 2025. Tershine has a wide range of professional-grade vehicle care products, focusing particularly on cleaning, coating, and protecting vehicle exterior and interior surfaces, as well as related accessories. For the fiscal year 2025-2026, which ended in June 2026, tershine’s preliminary estimated net sales were 155 million Swedish kronor and its operating profit was approximately 29 million Swedish kronor. 20.0 million Swedish kronor of the purchase price will be paid in Relais Group shares.                   Inderes              Relais Group Oyj: Johtava ajoneuvojen hoitotuotebrändi tershine liittyy...    Relais Group Oyj Lehdistötiedote 28.7.2026 kello 8:30Relais Group Oyj on sopinut ostavansa 70 prosenttia tershine AB:n osakekannasta yhtiön perustajalta, yrittäjä Tobias Ericsonilta. Ericson...

Small-cap quirks: Relais stock value dropped nearly 7 percent today. The reason for the decline, however, isn’t due to any company news (at least as far as I know), but rather because someone dumped 777 shares at a price of 13.50 euros in the final minute of trading. So, a trade of only about 10,000 euros caused a minor collapse in a stock that otherwise has a market cap in the hundreds of millions. Good grief, I’m sure this will correct itself back to where it started first thing tomorrow, but sitting along for the ride with small caps is really fascinating to watch

With 2026 forecasts at P/E 11 and EV/EBIT 11, aren’t you getting the potential ROCE improvement for free? And even if ROCE doesn’t rise, the multiples are quite low.

Little-known listed company overhauled its management – “We are doing great” Harvojen tuntema pörssiyhtiö pisti johtonsa uusiksi – ”Meillä menee loistavasti” | Kauppalehti Kauppalehti interviewed the new CEO “We are doing great and in the future even better”, Gebauer messages to investors. Might be behind a paywall..

Here is Ville Arffman’s analysis of Relais   The goal is for there to be more relevant acquisition targets in the future than there is time to execute, allowing the company to select the best among them. Market potential remains significant. In the Nordics alone, there are over 2.2 million commercial vehicles, and the business landscape serving them is highly fragmented. Sweden, Norway, and Denmark, in particular, offer Relais Group room to grow more aggressively than in its domestic market.  Subheadings:  Cash flow strengthened, return on capital still requires work Three business areas with clear profiles The acquisition engine scales by business unit Investor perspective  Note IR-monitoring is a channel by SalkunRakentaja and Sijoittaja.fi for corporate partners to provide background and analytical articles, as well as other interesting investor information. The article is part of a commercial partnership with the company. The article does not contain investment recommendations.                   SalkunRakentaja – 22 May 26              Analyysi: Relais Groupin fokus siirtyy kasvun laatuun ja pääoman tuottoon    Relais Group julkisti odotetut uudet pitkän aikavälin taloudelliset tavoitteet sekä päivitetyn strategiansa vuosille 2026–2028. Keskeinen viesti oli selkeä.

Relais Group

Relais is acquiring 70% of vehicle care company tershine from its founder and entrepreneur who will continue to lead tershine. Closing is expected as of today and Relais will consolidate tershine...

Relais is acquiring 70% of vehicle care company tershine from its founder and entrepreneur who will continue to lead tershine. Closing is expected as of today and Relais will consolidate tershine from the beginning of August. tershine was founded in 2017 and has an extensive portfolio of professional-grade vehicle care products and has a strong brand, especially in Sweden. The company has had a strong ~33% sales CAGR since 2021 and based on preliminary data for the fiscal year that ended in June 2026, net sales were SEK 155m with EBIT of SEK 29m (18.7% margin, GAAP). Acquisition price is not disclosed while SEK 20m will be paid in Relais shares. We note the company has been historically prudent with acquisition multiples. tershine will be part of Products &amp; Solutions business area and we view the acquisition positively as it opens a new fast growing niche for the company.

Relais: Expansion of vehicle care offering through acquisition of tershine - Nordea

Relais: Expansion of vehicle care offering through acquisition of tershine - Nordea