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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.

Ilkka

3.60 EUR-0.55 %10/11 11:18
3,745 following

ILKKA

NASDAQ Helsinki

Media & Entertainment

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Short Selling
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-0.55 %
+1.41 %
-10.00 %
-11.76 %
-6.25 %
-11.76 %
+16.88 %
-23.40 %
+78.02 %

Ilkka is a group providing marketing, technology, and data services that serves corporate customers both in Finland and internationally. The core of Ilkka's business in Finland is Summa Collective, which includes Liana, Evermade, Profinder, MySome and Myyntinmaailma. Internationally, the company focuses especially on Sweden and the Middle East, where they operate through Liana and Profinder. The Group employs a large number of marketing and technology experts, and the head office is in Seinäjoki.

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Market cap
96.65M EUR
Turnover
8.23K EUR
P/E (adj.) (26e)
17.46
EV/EBIT (adj.) (26e)
322.57
EV/S (26e)
2.36
Dividend yield-% (26e)
7.22 %
Coverage
Recommendation
Accumulate
Target price
4.00 EUR
Updated
2026-11-02
Disclaimer
Roni Peuranheimo
Roni Peuranheimo

Analyst

Latest research

Latest analysis report

Released: 2026-11-03

Latest extensive report

Released: 2025-12-12

Revenue and EBIT-%
EPS and dividend
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Forum discussions
If there’s anything positive to take from the Inderes interview, it was the CEO’s comment that there won’t be any new acquisitions in the near future. Ilkka is a textbook example of a fool’s errand. They loudly proclaimed in Seinäjoki that they have cash and an appetite for M&A, ...
11/3/2026, 10:12 AM
by Bensatankki
7
Somehow, these excellent Inderes interviews haven’t really helped build my confidence in company management. The CEO repeats the phrase “we believe” maybe fifteen times, without much in the way of concrete substance. Money is spent on acquisitions, but the results just aren’t showing...
11/3/2026, 8:17 AM
by investori86
6
Here is a company report on Ilkka from Roni regarding Q3 :)\n\n> Ilkka’s Q3 figures showed that the organic development of continuing operations remains sluggish, and their operational result this year is at best set to be only marginally positive. In terms of the sum-of-the-parts...
11/3/2026, 7:06 AM
by Sijoittaja-alokas
3
Ilkka continues to struggle to turn a profit from its own operations. At least the Alma Media ownership keeps pushing forward.
11/2/2026, 11:27 AM
by Farseer
3
Ilkka’s articles of association have made changes difficult. Even though they got rid of the two separate share classes this year (where exercising the voting rights of the high-vote Series A shares required board approval), the general meeting still employs a 1/20 voting cap. A ...
11/3/2026, 9:43 AM
by Farseer
2
Well said. I personally invested in this because of the Alma ownership and the dividends, with the thought that the rest of the business was a free option. I didn’t realize an option could have negative value—my assumption was 0 at worst. I’ll have to see at what point to give up...
11/3/2026, 9:40 AM
by Janne
2
“Onward,” said granny in the snow. I would give Ilkka’s management completely different advice: namely, no new digital kiosks onto the balance sheet before there is even some sign that this dabbling strategy leaves something on the bottom line. And with the current track record, ...
23 hours ago
by mikde
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Ilkka Q3'26: Den organiska utvecklingen hackar fortfarande
Research2026-11-03 07:00
by Roni Peuranheimo

Ilkka Q3'26: Den organiska utvecklingen hackar fortfarande

Ilkas Q3-siffror visade att den organiska utvecklingen för de fortlöpande verksamheterna fortfarande är svag, och att deras operationella resultat i år som bäst kommer att förbli endast knapert positivt.

Ilkka
Ilkka Q3'26: Epävarmuus markkinalla jatkui12:22
Video2026-11-02 15:10
by Roni Peuranheimo

Ilkka Q3'26: Epävarmuus markkinalla jatkui

Ilkka
Ilkka Q3'26 förhandskommentar: Vi förväntar oss att den organiska utvecklingen har varit fortsatt svag
Analyst Comment2026-10-28 06:10
by Roni Peuranheimo

Ilkka Q3'26 förhandskommentar: Vi förväntar oss att den organiska utvecklingen har varit fortsatt svag

Vi förväntar oss att den organiska omsättningen sjunker, men förvärvet av Custobar vänder den totala tillväxten till positiv.

Ilkka

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Analyst Comment2026-10-23 09:01
by Petri Gostowski

Advertising spend steady in Q3

According to statistics published by Fifty5Blue, the volume of Finnish media advertising decreased by 1.5% year-on-year in September.

SanomaAlma MediaIlkkaKeskisuomalainen
Analyst Comment2026-10-01 06:39
by Roni Peuranheimo

Ilkka utsåg en gemensam verkställande direktör för Liana och Profinder

Den gemensamma verkställande direktören för dotterbolagen förenklar koncernstrukturen och påskyndar sökandet efter synergier.

Ilkka
Analyst Comment2026-09-24 08:56
by Petri Gostowski

Ad investments remained flat in August

According to statistics published by Fifty5Blue, media advertising volumes in Finland showed stable development in August.

SanomaAlma MediaKeskisuomalainenIlkka
Ilkka: En ny bit som utökar den totala anbudserbjandet
Research2026-09-01 07:00
by Roni Peuranheimo

Ilkka: En ny bit som utökar den totala anbudserbjandet

Marknadsföringsteknologibolaget Custobar, som köptes av Iikka, har historiskt sett uppvisat goda meriter av skalbar tillväxt.

Ilkka
Analyst Comment2026-08-27 08:43
by Petri Gostowski

Ad investments nearly flat in July

According to statistics published by Fifty5Blue (formerly Kantar), the volume of Finnish media advertising decreased by nearly 1% in July year-on-year.

SanomaAlma MediaIlkkaKeskisuomalainen
Ilkka Q2'26: De egna affärsområdena kämpar
Research2026-08-11 07:00
by Roni Peuranheimo

Ilkka Q2'26: De egna affärsområdena kämpar

Utvecklingen av Ilkkas eget affärsområde under Q2 var sämre än våra estimat, även efter vinstvarningen.

Ilkka
Ilkka Q2'26 förhandskommentar: Förväntningarna är låga efter vinstvarningen
Research2026-08-04 07:00
by Roni Peuranheimo

Ilkka Q2'26 förhandskommentar: Förväntningarna är låga efter vinstvarningen

Företaget utfärdade redan i slutet av juli sin andra negativa vinstvarning för året, vilket innebär att rapportens huvudfokus ligger på bakgrunden till varningen och marknadsutsikterna.

Ilkka
Ilkka sänkte sin guidning för innevarande år för andra gången
Analyst Comment2026-07-30 07:10
by Atte Riikola

Ilkka sänkte sin guidning för innevarande år för andra gången

Rörelseresultatet för den egna verksamheten minskar i år på grund av tillväxtsatsningar och svag efterfrågan.

Ilkka
Analyst Comment2026-07-20 08:31
by Petri Gostowski

Ad investments turned to growth in June

According to statistics published by Fifty5Blue (formerly Kantar), media advertising volumes in Finland grew at a solid pace of 4.5% year-on-year in June

SanomaAlma MediaKeskisuomalainenIlkka
Analyst Comment2026-06-22 07:37
by Petri Gostowski

The rate of decline in ad investments eased in May

According to statistics published by Fifty5Blue (formerly  Kantar), the volume of Finnish media advertising decreased by a moderate 2% in May year-on-year.

SanomaAlma MediaKeskisuomalainenIlkka
Analyst Comment2026-05-27 08:27
by Aapeli Pursimo

Ad investments fell significantly in April

The amount of media advertising in Finland decreased by as much as 15% year-on-year in April.

SanomaAlma MediaIlkkaKeskisuomalainen
Ilkka Q1'26: Tillväxtutsikterna har mjuknat
Research2026-05-05 07:15
by Roni Peuranheimo

Ilkka Q1'26: Tillväxtutsikterna har mjuknat

Ilkkas Q1-utveckling var sämre än våra förväntningar innan vinstvarningen.

Ilkka
Analyst Comment2026-04-29 06:20
by Roni Peuranheimo

Ilkka vinstvarnar inför Q1-rapporten

Svag efterfrågan och tillväxtsatsningar omintetgjorde resultatförbättringen.

Ilkka
Analyst Comment2026-04-28 08:29
by Petri Gostowski

Development of advertising investments has been sluggish in early 2026

According to statistics published by Fifty5Blue (formerly Kantar), the amount of media advertising in Finland decreased by 4% year-on-year in March.

SanomaAlma MediaIlkkaKeskisuomalainen
Ilkka Q1'26 förhandskommentar: Bolagsstämmans väntade beslut
Research2026-04-24 07:00
by Roni Peuranheimo

Ilkka Q1'26 förhandskommentar: Bolagsstämmans väntade beslut

Ilkkas bolagsstämma godkände som väntat sammanslagningen av aktieserierna, vilket är det första steget i förnyelsen av företagets förvaltningsstruktur.

Ilkka
Regulatory press release2026-04-16 18:00

Ilkka Oyj: Acquisition of own shares on 16 April 2026

Ilkka
Regulatory press release2026-04-15 18:00

Ilkka Oyj: Acquisition of own shares on 15 April 2026

Ilkka