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Terveystalos finansieringschef lämnar bolaget

TTALOAnalyst Comment2026-09-17 06:49
Roni PeuranheimoAnalyst
Discuss

Automatisk översättning: Ursprungligen publicerad på finska 2026-09-17 04:49 GMT. Ge feedback här.

Terveystalo meddelade på onsdagen att bolagets ekonomidirektör och medlem i ledningsgruppen Juuso Pajunen lämnar bolaget för att bli ekonomidirektör på Tieto. Pajunen fortsätter i sin nuvarande roll till den 15 december 2026, och bolaget inleder omedelbart sökandet efter en ny ekonomidirektör. Enligt vår mening är Pajunens avgång en lätt negativ signal, särskilt med tanke på bolagets nyligen genomförda förvärv av Hohde Group samt förvärven av Silmäasema och Solo Health som väntar på Konkurrens- och konsumentverkets (KKV) godkännande. Av dessa är i synnerhet Silmäasema ett stort företagsförvärv för bolaget, och dess framgångsrika integration samt uppnåendet av synergier är kritiska för bolagets investerings-case de kommande åren. Ekonomidirektörens avgång är därför enligt vår uppfattning inte optimal i det nuvarande läget. En relativt lång övergångsperiod möjliggör dock enligt oss en kontrollerad överföring av ansvarsområdena.

Terveystalo operates in the healthcare sector. The company offers services and solutions such as surveys and examinations, training and coaching, rehabilitation, and health and fitness mapping. Its customers include small and medium-sized corporate customers, as well as public sector players. The head office is located in Helsinki.

Read more on company page

Key Estimate Figures07/09

202526e27e
Revenue1,278.81,213.51,278.1
growth-%-4.6 %-5.1 %5.3 %
EBIT (adj.)156.3128.6144.8
EBIT-% (adj.)12.2 %10.6 %11.3 %
EPS (adj.)0.850.660.76
Dividend0.640.280.36
Dividend %6.5 %4.0 %5.1 %
P/E (adj.)11.510.79.3
EV/EBITDA7.37.45.9

Forum discussions

Here are Roni’s preview comments as Terveystalo reports its Q3 results on Wednesday, October 21. In our view, demand has remained subdued, particularl...
10/13/2026, 5:26 AM
by Sijoittaja-alokas
7
Terveystalo will be providing a brief strategy update in connection with its Q3 results on October 21. The Capital Markets Day, originally planned...
10/7/2026, 10:58 AM
by Roni Peuranheimo
15
Yes, representatives of the largest owners are usually included pretty much automatically. Last year, Risto Murto from Varma served as Chairman...
10/7/2026, 6:24 AM
by Roni Peuranheimo
5
Rettig was appointed Chairman of Terveystalo’s Nomination Board on September 16. Whether that is just a title received automatically based on...
10/6/2026, 12:02 PM
by makuasia
2
At least for now, the selling continues. Rettig filed a flagging notification indicating their ownership has dropped below 15%, meaning around...
10/6/2026, 10:40 AM
by Nimimerkki
10
When the shareholder list updated at the turn of the month, the share sales by Rettig—who was still the largest shareholder a month ago—caught...
10/1/2026, 9:26 AM
by Roni Peuranheimo
20
Here are Roni’s brief comments on Terveystalo’s CFO leaving the company. Inderes – 17 Sep 26 Terveystalon talousjohtaja jättää yhtiön - Inderes...
9/17/2026, 5:07 AM
by Sijoittaja-alokas
7