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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Finnair

5.72 EUR+1.15 %11/11 17:29
13,518 following

FIA1S

NASDAQ Helsinki

Transport & Logistics

Industrials

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Dividend
Short Selling
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+1.15 %
+36.84 %
+16.59 %
+55.77 %
+82.05 %
+115.52 %
+27.11 %
-51.18 %
-64.77 %

Finnair is a Finnish airline. The company offers a wide range of destinations to and from Europe, and to a large part of the world's continents. The flights are mainly found around the Nordic countries, Europe and Asia. In addition to regular flights, long-haul flights are offered. The company was founded in 1923 and is headquartered in Vantaa, Finland.

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Market cap
1.17B EUR
Turnover
2.4M EUR
P/E (adj.) (26e)
10.75
EV/EBIT (adj.) (26e)
9.54
P/B (26e)
1.23
EV/S (26e)
0.52
Dividend yield-% (26e)
1.75 %
Coverage
Recommendation
Sell
Target price
3.50 EUR
Updated
2026-10-28
Disclaimer
Rauli Juva
Rauli Juva

Analyst

Latest research

Latest analysis report

Released: 2026-10-28

Latest extensive report

Released: 2026-06-17

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EPS and dividend
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Forum discussions
Inderes Finnair-konsernin osavuosikatsaus 1.1.-30.9.2026 - Inderes Finnair Oyj Pörssitiedote 27.10.2026 klo 9.00 Vahva kolmas vuosineljännesHeinä-syyskuu 2026 Liikevaihto kasvoi 14,2 % 953,2 miljoonaan euroon (834,9). Vertailukelpoinen liiketulos oli 84,0 miljoonaa... Strong third...
10/27/2026, 8:01 AM
by KuHa
4
I’ll tackle a couple of points here myself, and add the rest to the list of questions for management Fuel price fluctuations and fleet planning operate on rather different time horizons; the new Embraers will start arriving gradually from H2’27 onwards, and including the option aircraft...
10/23/2026, 7:45 AM
by Rauli_Juva
4
Regarding this, the company has only commented that the 18 aircraft already committed to will go to Norra, and this is also the maximum number permitted under the current collective agreements. Therefore, as things stand, one could assume that the option aircraft would be operated...
10/23/2026, 10:16 AM
by Rauli_Juva
3
Here are Rauli’s preview comments as Finnair reports its Q3 results next Tuesday The company already released strong preliminary Q3 figures in mid-October and raised its full-year guidance, so the main points are already largely known. Therefore, attention in the report will mainly...
10/23/2026, 4:52 AM
by Sijoittaja-alokas
2
Will the 16 E2 options be operated by Norra or Finnair? (that is, if the options are exercised)
10/23/2026, 9:57 AM
by JJKiuru
1
Let me throw in my own question too. What is the likelihood that options for the E2 series will be exercised in the coming years, and can the size of the Embraer fleet be expanded in a way that keeps the current E1 series in service while the new E2 series are introduced alongside...
10/21/2026, 7:14 PM
by calamento
1
The Embraer routes probably won’t transfer to the ATR; Gdansk and Gothenburg are pretty much the furthest sensible destinations heading south, purely based on flight times and payload capacity. So the Nordics and Baltics will likely remain the ATR’s bread and butter. An added twist...
10/21/2026, 7:11 PM
by calamento
1
Read more on our forum
Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
17/2
2027

Annual report '26

18/3
2027

General meeting '27

23/4
2027

Interim report Q1'27

Finnair: Oktober var stark
Analyst Comment2026-11-09 06:40
by Rauli Juva

Finnair: Oktober var stark

Omsättningen i oktober ökade enligt vår bedömning med 24 %.

Finnair
Press release2026-11-06 08:00

Finnair Traffic Performance in October 2026

Finnair
Finnair Q3'26: Fuel prices cast a shadow over next year's outlook
Research2026-10-28 13:15
by Rauli Juva

Finnair Q3'26: Fuel prices cast a shadow over next year's outlook

Finnair's Q3 figures were in line with the preliminary information, and the company reiterated its guidance, which it raised a couple of weeks ago.

Finnair

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Finnair interim report for January–September 2026
Webcast2026-10-27 12:00

Finnair interim report for January–September 2026

Finnair
Regulatory press release2026-10-27 10:15

Record and payment dates for Finnair's second return of capital instalment

Finnair
Regulatory press release2026-10-27 08:00

Finnair's financial calendar and Annual General Meeting in 2027

Finnair
Regulatory press release2026-10-27 08:00

Finnair Group Interim Report 1 January - 30 September 2026

Finnair
Finnair Q3'26 förhandskommentar: Starkt resultat redan känt, blickarna vänds sannolikt mot nästa års utsikter
Analyst Comment2026-10-23 06:45
by Rauli Juva

Finnair Q3'26 förhandskommentar: Starkt resultat redan känt, blickarna vänds sannolikt mot nästa års utsikter

Q3:s huvudtal och årets uppdaterade guidning publicerades redan tidigare.

Finnair
Finnair: Strong 2026 progress as expected; headwinds next year
Research2026-10-14 09:43
by Rauli Juva

Finnair: Strong 2026 progress as expected; headwinds next year

Finnair raised its guidance for 2026, but forecasts next year's earnings to decrease significantly, which makes the share's valuation high.

Finnair
Regulatory press release2026-10-13 08:00

Insider information, positive profit warning: Finnair raises its guidance for 2026, and provides preliminary information on the third quarter 2026 results

Finnair
Finnair: Q3 looks strong, but next year will be tougher
Research2026-10-08 11:53
by Rauli Juva

Finnair: Q3 looks strong, but next year will be tougher

Finnair's development has remained strong in Q3, and we believe its full-year figures will reach the upper end of the guidance ranges or surpass them.

Finnair
Efterfrågan på Finnair har fortsatt att vara god, bränslet skapar kostnadspress
Analyst Comment2026-09-29 06:45
by Rauli Juva, Antti Viljakainen

Efterfrågan på Finnair har fortsatt att vara god, bränslet skapar kostnadspress

Omsättningsutvecklingen under juli-augusti har i stort sett varit i linje med våra estimat.

Finnair
Finnair: Trafikdata för augusti var något svagare än våra förväntningar
Analyst Comment2026-09-09 06:40
by Antti Viljakainen, Kaisa Vanha-Perttula

Finnair: Trafikdata för augusti var något svagare än våra förväntningar

Volymutvecklingen och passagerarbeläggningen var svagare än våra estimat, men den starka tillväxten i enhetsintäkten stödde omsättningen.

Finnair
Press release2026-09-08 08:00

Finnair Traffic Performance in August 2026

Finnair
Regulatory press release2026-08-18 08:00

Changes in Finnair's Executive Board

Finnair
Finnair: Trafikdata för juli var ungefär i linje med förväntningarna
Analyst Comment2026-08-10 07:52
by Kaisa Vanha-Perttula

Finnair: Trafikdata för juli var ungefär i linje med förväntningarna

Volymutvecklingen var något starkare än våra förväntningar, medan passagerarutnyttjandet motsvarade vårt estimat.

Finnair
Press release2026-08-07 08:00

Finnair Traffic Performance in July 2026

Finnair
Regulatory press release2026-07-24 08:00

Pia Aaltonen-Forsell to leave Finnair, Jussi Siitonen appointed Finnair's CFO

Finnair
Finnair Q2'26: Record earnings in an exceptional market situation
Research2026-07-23 09:37
by Antti Viljakainen, Kaisa Vanha-Perttula

Finnair Q2'26: Record earnings in an exceptional market situation

Finnair achieved its best Q2 earnings in its history in the second quarter, driven by strong unit revenues.

Finnair
Finnair’s half-year report for January–June 2026
Webcast2026-07-22 12:00

Finnair’s half-year report for January–June 2026

Finnair