NoHo Partners is a Finnish group specialized in services within the restaurant industry. The group operates a number of restaurants in Finland, Denmark, Norway and other parts of Europe. The company's restaurant concepts include, among others. Elit, Savoy, Teatteri, Sea Horse, Stefans Steakhouse, Palace, Löyly, Hangö Sushi, Friends & Brgrs Cock's & Cows and Holy Cow! . The company was founded in 1996.
NoHo Partners delivered a robust Q2 performance as the Norwegian operations normalised and the Finnish business rebounded, while Denmark continued its strong, broad-based growth. We believe the company has moved past its operational challenges and expect...
NoHo Partners reported Q2 EBIT of EUR 9.1m (+22% y/y), 15% above Vara Research consensus and 14% above our estimate, which we believe stemmed from e.g. successful terrace sales, growth in entertainment venues and the turnaround in Norway. Net sales were...
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Ahead of NoHo's Q2 2026 report, due on 4 August, we lift our estimates slightly to reflect the positive market development and better weather conditions y/y, which should support the important terrace sales. While the challenges in Norway still prevail...
NoHo Partners' Q1 results fell below Vara Research consensus, mainly owing to the prevailing challenging market environment in Norway, while the Finnish and Danish operations continued their good performance. We continue to see a solid outlook ahead,...
NoHo Partners reported its seasonally small Q1 EBIT of EUR 4.9m (-9.3% y/y), 10% below Vara Research consensus and 9% below our estimate. Q1 net sales were up 5.8% y/y to EUR 81.7m, 3% below consensus and 1% below our estimate. Finland EBIT was in line...
Ahead of NoHo's Q1 2026 report, due on 5 May, we lower our estimates slightly to reflect the ongoing sluggish market development and more cautious consumer sentiment. While we still expect the operational challenges in Norway to be resolved by H2 and...
Vi förväntar att företagets omsättning har ökat från jämförelseperioden, med stöd av företagsförvärv, men att den organiska utvecklingen har förblivit måttlig på grund av den utmanande marknadssituationen.
