Siili’s CEO Tomi Pienimäki is leaving his position.
The key conclusion from Siili’s Q1 miss is that the Finnish market is adopting the AI transition slower than the company’s plans.
Siili's Q1 came in below our estimates with sales declining -14% y/y.
Ahead of the Q1 report, we make another round of estimate cuts for Siili.
Siili is shaping itself to benefit from the structural market change over time.
Siili's Q4 sales missed our estimate by 7% as domestic operations saw a clear decline and overall the organic sales growth was close to -9% ...
We think Siili’s Q4 will provide a lot of factors to understand whether the market is turning.
Siili lowered its guidance for EBITA; the new guidance range mid-point stands c.
Siili just announced that the current CEO, Mr. Somerma, will step down and Pasi Ropponen has been appointed as acting CEO.
Siili’s Q2 numbers were a bit mixed. Importantly, the Automotive business is recovering sharply and the first few months of the acquired Sup...
Siili's H1 was slightly below our estimates. With Q1 headline numbers already released, the deviation related to Q2 performance, which has b...
We have strong confidence that Siili’s H1 will show clear improvement versus the comparison period numbers.