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Inderes positive profit warning supports our existing estimates.

INDERESAnalyst Comment2026-09-29 06:30
Matias Sainio, Joonas Sjöblom, Tino Korjala
Discuss

Summary

  • Inderes issued a positive profit warning on 28 September 2026, raising its EBITA margin guidance to 12–14% and expecting revenue growth of 6–9% for the 2026 financial year.
  • The revised guidance aligns with the analyst's earlier estimates of a 12.4% EBITA margin and 20.9 MEUR in revenue.
  • The company attributes the improved guidance to growth in target markets and strong performance across all business units, despite ongoing investments in international expansion.
  • Inderes plans to release its Q3 results on 23.10, with a preview to be published a few weeks prior.

This content is generated by AI. You can give feedback on it in the Inderes forum.

Inderes issued a positive profit warning on 28 September 2026, on its regarding profitability and revenue growth for the 2026 financial year. The company raised its EBITA margin guidance from the previous 10–13% range to 12–14%. At the same time, revenue growth is now expected to be 6–9%, whereas the previous guidance only stated that revenue was expected to grow year-on-year without providing a more specific range.

In our earlier estimated we had an EBITA% of 12,4% and revenue estimate of 20,9 MEUR both of which line up quite well with the revised guidance. Company has also experienced some changes to its key personnel with the departure of Verneri Pulkkinen.

According to the company, the revised guidance is supported by growth in the target markets of its key product areas and by growth across all three business units. In terms of profitability, the development has remained strong despite the company continuing to invest in the international expansion of its software business.

Inderes will publish its Q3 results on 23.10. We will publish our preview a few weeks prior to that.

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Inderes operates in the financial industry. The company provides a community platform for investors and listed companies. Via the platform, users can communicate with each other and exchange investment tips. The customers consist of both companies and private individuals. In addition, the company offers analysis services and a basis for investment decisions. The largest operations are in the Nordic region.

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Forum discussions

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I haven’t looked into how this would be possible here within the regulatory framework in more detail, but at the very least it would require...
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The CEO reached into his pocket and walked to the bank to buy shares in his company. Inderes Inderes Oyj - Johdon liiketoimet – Mikael Rautanen...
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I’ve actually looked into this with people wiser than me, including those who have experience with it. Short answer: damn difficult and expensive...
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With the new share buyback program having started, it crossed my mind: how easy/expensive would it be for Inderes to make a tender offer for...
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