Aktuellt
SENASTE
Investors House reported Q2 2023 revenue of EUR 1.7m, 12% below our estimate, and net operating income (NOI) of EUR 0.6m, 25% below our EUR 0.8m forecast, as the Service business disappointed. The company is taking actions to improve the division's top line and profitability, as its EBIT declined by more than 60% y/y. The operative result fell by 47% y/y at the group level, while the net results improved to EUR 3.1m from EUR 0.4m y/y due to valuation gains from the Kukkula project booked in Q2. Investors House is still waiting for the market to stabilise before making new investments and will closely monitor acquisition opportunities to enhance its return on capital. The company's main focus will be on preparing the Kukkula project for the coming years. Marketing material commissioned by Investors House.
LÄS MER
