We view NoHo Partners' Q4 2025 results as operationally solid, despite the ongoing challenges in Norway, though the DPS was a disappointment...
NoHo Partners reported Q4 EBIT of EUR 11.8m (-3.7% y/y), 4% above Vara Research consensus and 6% above our estimate.
Ahead of NoHo's Q4 2025 report, due out on 11 February, we lower our estimates slightly to reflect the challenges in its Norwegian operation...
NoHo Partners' Q3 2025 was challenging, mainly due to Norway, where the market keeps declining and the anticipated turnaround has not yet em...
NoHo Partners reported Q3 EBIT of EUR 7.6m from continuing operations (down 13% y/y), 12% below Vara Research consensus and 9% below our est...
NoHo Partners will publish its Q3 2025 results on 4 October, at around 8:00 EET.
NoHo Partners announced today that it has acquired the majority stake of 75% in the smoothie and juice bar chain Jungle Juice Bar (JJB), whi...
We hosted NoHo Partners' CEO Jarno Suominen for a lunch meeting today in Helsinki.
NoHo Partners' Q2 2025 results fell short of Vara Research consensus expectations, mainly due to the cold start to the summer in Finland and...
NoHo Partners reported Q2 EBIT of EUR 7.4m from continuing operations (down 11% y/y), 15% below Vara Research consensus and 16% below our e...
NoHo Partners will publish its Q2 2025 results on 5 August, at around 8:00 EET.
NoHo Partners' Q1 2025 results missed Vara Research expectations on several items, but we argue that the seasonally small quarter should not...
NoHo Partners reported seasonally small Q1 EBIT of EUR 7.
NoHo Partners has acquired a 65% stake in the Danish restaurant chain Halifax Burgers.
NoHo Partners has executed on its strategy by separating its subcompany Better Burger Society (BBS) while retaining majority ownership and o...
NoHo Partners is separating its subgroup Better Burger Society from the group, while retaining a majority ownership in the company.
NoHo Partners' Q4 2024 results came in clearly above Vara Research consensus, as the company continued to benefit from its economies of scal...
NoHo Partners reported Q4 EBIT of EUR 15.1m (+42%% y/y), 19% above Vara Research consensus and 13% above our estimate.
Ahead of NoHo's Q4 2024 report, due out 12 February, we tweak our estimates.
NoHo Partners' Q3 2024 results missed Vara Research expectations on several items, but the guidance for 2024 was reiterated.
NoHo Partners reported Q3 EBIT of EUR 9.9m (+14% y/y), 5% below Vara Research consensus and 11% below our estimate.
Ahead of its Q3 2024 report, we take a slightly more cautious view towards NoHo Partners' revenue development, given the prevailing market s...
NoHo Partners has acquired H5 Ravintolat Oy, which owns eight restaurants in Tampere.
NoHo Partners' Q2 2024 results missed the Vara Research consensus' high expectations, but we nevertheless argue that the results were solid ...
NoHo Partners reported Q2 EBIT of EUR 9.7m (-9% y/y), 17% below Vara Research consensus and 20% below our estimate.
Ahead of its Q2 results on 6 August, we remain positive about NoHo's relative performance in a muted market environment.
NoHo Partners hosted a CMD yesterday, where it talked about its new strategy and long-term targets for the strategy period 2025-27.
Late last night, NoHo Partners updated its financial targets for the strategy period 2025-2027.
NoHo Partners will host a Capital Markets Day on Wednesday, 22 May.
NoHo Partners' Q1 2024 results were largely in line with Vara Research consensus expectations.
NoHo Partners reported Q1 EBIT of EUR 6.9m, 2% above Vara consensus and our estimate.
Ahead of NoHo Partners' Q1 report, we leave our estimates largely intact.
To be entitled to profit sharing for 2023 you can not be a part of any variable pay program, you must have worked at least 25% during 2023 a...
NoHo Partners' Q4 2023 EBIT fell 5% short of Vara Research consensus but grew by 25% y/y, with sales up by 22%.
NoHo Partners reported Q4 EBIT of EUR 10.6m, -5% versus Vara consensus and -6% versus our estimate.
Ahead of NoHo's Q4 report, due on 15 February, we adjust our estimates to reflect the guidance update released on 20 December.
NoHo Partners has sold its remaining stake (5.05m shares, 20.
NoHo Partners updates its guidance for 2023. The company now expects its EBIT margin to be above 9.
NoHo's Q3 EBIT of EUR 8.7m was in line with our estimate but 5% short of Vara consensus expectations.
NoHo Partners reported Q3 EBIT of EUR 8.7m, -5% versus Vara consensus and +1% versus our estimate.
Ahead of NoHo's Q3 report, we incorporate its latest acquisitions into our estimates.
NoHo acquires three restaurant in Oslo, Norway. Aggregated purchase price for all businesses is EUR 4.
NoHo reported Q2 EBIT 13% above Vara consensus, despite 4% lower sales.
NoHo Partners reported Q2 EBIT of EUR 10.7m, +13% versus Vara consensus and +9% versus our estimate.
Ahead of NoHo's Q2 report, we incorporate the announced acquisition of Holy Cow! to our estimates.
NoHo Partners announced today acquisition of Swiss premium burger chain Holy Cow! with 2023E EV/operational EBITDA multiple of ~5.
NoHo Partners reported a strong Q1 with EBIT of EUR 5.
NoHo Partners reported Q1 EBIT of EUR 5.9m, +36% versus Refinitiv consensus and +47% versus our estimate.
Ahead of NoHo Partners' Q1 report due on 9 May, we make only minor estimate revisions and note solid restaurant market demand.
NoHo Partners announced that it will acquire three well-known nightclubs in the Helsinki downtown area, making it the market leader in Finla...
NoHo Partners has signed an agreement in which ownership of three nightclubs in Helsinki downtown will be transferred under the ownership of...
Nordea released Finnish card spending data until end of February today.
NoHo reported Q4 EBIT 2% above Refinitiv consensus.
NoHo Partners reported Q4 EBIT of EUR 8.5m, +2% versus Refinitiv consensus and +9% versus Nordea.
Based on Nordea card data for the month of January, Finnish restaurant market nominal growth was up 31% compared to January 2019 with +15% r...
NoHo Partners has been selected as the main supplier for restaurant services by Helsinki Expo and Convention Centre (brand name Messukeskus)...
Based on Nordea card data, the Nordic restaurant market has remained robust in Q4.
NoHo Partners' Q3 EBIT was 10% above Refinitiv consensus and the company seemed confident ahead of the high season.
NoHo Partners reported Q3 EBIT of EUR 8.4m, +10% versus Refinitiv consensus and +6% versus Nordea.
NoHo Partners will report its Q3 on 8 November. We are 1% below Refinitiv consensus on the top line and 3% ahead on EBIT, while we believe i...
NoHo raised its turnover and EBIT margin guidance today.
The Finnish restaurant market demand has remained solid after summer.
Q2 EBIT beat Refinitiv consensus by 18%, underlining the improved operational efficiency of the company.
NoHo Partners reported Q2 EBIT of EUR 16.1m, +18% versus Refinitiv consensus and +2% versus Nordea.
NoHo upgraded its guidance on 22 June due to strong demand in the spring and early summer, as well as governmental compensation decisions.
NoHo increases its guidance for EBIT margin of the restaurant business in 2022.
NoHo Partners reported strong May with above EUR 33m sales and above EUR 5.
On Friday 13 May, NoHo Partners announced that the management and domestic investors have acquired the majority of the EUR 10m convertible c...
NoHo Partners' Q1 2022 results came in above Infront consensus expectations and it issued new guidance for 2022.
NoHo Partners reported Q1 EBIT of EUR -1.3m, +51% (EUR 1.
