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NoHo Partners

7.68 EUR-1.29 %4/9 17:29
9,149 following

NOHO

NASDAQ Helsinki

Consumer Services

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Investor views
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-1.29 %
+1.05 %
+4.92 %
0.00 %
-6.57 %
-14.09 %
-8.57 %
-9.65 %
+54.53 %

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.

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Market cap
161.62M EUR
Turnover
90.89K EUR
P/E (adj.) (26e)
12.07
EV/EBIT (adj.) (26e)
12.73
P/B (26e)
1.47
EV/S (26e)
1.22
Dividend yield-% (26e)
3.91 %
Coverage
Recommendation
Accumulate
Target price
9.00 EUR
Updated
2026-08-05
Disclaimer
Sauli Vilén
Arttu Heikura
Arttu Heikura, Sauli Vilén
Show more
Latest research

Latest analysis report

Released: 2026-08-05

Latest extensive report

Released: 2025-09-12

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
Unfortunately, in my own eyes, NoHo is starting to become some sort of so-called “eternal promise.” I have been an owner myself since 2018, which is approaching ten years. Sure, the company generates an operating profit margin that is exceptionally high for the restaurant industry...
yesterday
by III21
30
Sauli will answer in due time, but those interest expenses certainly jumped. In the 2025 financial year, NoHo paid €6.6M in interest on an average of ~€140M in loans, which is under 5%. Now the interest rate has become 3-month Euribor + 4.375%, meaning the rate will soon be hovering...
yesterday
10
OP received the new financing arrangement a bit more positively than Inderes. Quote from the morning report: The transaction demonstrates debt investors’ confidence in the company’s cash flow generation capacity. The realized risk premium of the loan was quite close to our estimate...
yesterday
by Karhu Hylje
7
May I add just this much, that it has been nice to own this NoHo. Especially as a young guy in my early twenties, it was fun to pick up a trendy-looking stock whose services I use myself. In addition, the annual general meeting refreshments and real dividends (reaaliosingot) would...
yesterday
by III21
7
Here are Sale’s comments on NoHo’s new bond as well Inderes – 4 Sep 26 NoHo Partners laski liikkeeseen 50 MEUR:n joukkovelkakirjalainan - Inderes Uuden velkakirjan ehdot vastasivat odotuksiamme ja laina on osa alkuviikosta ilmoitettua isompaa rahoituspakettia.
yesterday
by Sijoittaja-alokas
3
Notations from the latest shareholder list: Danske’s fund is selling, and former CEO Aku Vikström is also reducing his stake:
9/1/2026, 6:56 AM
by Karhu Hylje
3
I assume that NoHo’s loan amount in euros might remain at the same level, but operating profit will increase by 30% in 3 years as a result of revenue growth and improved profitability.
8/31/2026, 1:19 PM
by Jussi Koskinen
3
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
3/11
2026

Interim report Q3'26

10/11
2026

Triannual dividend

Analyst Comment2026-09-04 06:56 by
Sauli Vilén

NoHo Partners emitterade en masskuldebrevslån på 50 MEUR

Villkoren för den nya obligationen motsvarade våra förväntningar och lånet är en del av det större finansieringspaket som meddelades i början av veckan.

NoHo Partners
Regulatory press release2026-09-03 15:15

NoHo Partners Plc successfully issues EUR 50 million senior secured notes

NoHo Partners
Third party research2026-08-31 12:30

NoHo Partners: Refinancing improves flexibility - Nordea

NoHo is considering issuing EUR 50m of senior secured notes (4-year tenor) and replacing its current financing package in Finland with a new EUR 60m term loan, EUR 10m capex facility and EUR 27m RCF. While we believe the bond is likely to carry a somewhat...

NoHo Partners

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NoHo Partners omarbetar sitt finansieringspaket
Analyst Comment2026-08-31 11:25 by
Sauli Vilén

NoHo Partners omarbetar sitt finansieringspaket

Det nya finansieringspaketet ökar företagets finansiella handlingsutrymme, men samtidigt sjunker inte kostnaden för främmande kapital under de närmaste åren på det sätt som vi hade väntat oss.

NoHo Partners
Regulatory press release2026-08-31 09:30

Inside information: NoHo Partners Plc considers the issuance of secured notes

NoHo Partners
Third party research2026-08-05 07:10

NoHo Partners: Back on solid ground - Nordea

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
NoHo Partners Q2'26: Återgång till EPS-tillväxt
Research2026-08-05 06:10 by
Sauli Vilén, Arttu Heikura

NoHo Partners Q2'26: Återgång till EPS-tillväxt

Enligt vår ståndpunkt är företagets tillväxtutsikter goda, och det finns flera trovärdiga drivkrafter för detta på både kort och medellång sikt.

NoHo Partners
Third party research2026-08-04 08:40

NoHo Partners: Norwegian turnaround helps beat consensus estimates - Nordea

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...

NoHo Partners
NoHo Partners Q2'26 snabbkommentar: Ett resultatmässigt mycket starkt kvartal
Analyst Comment2026-08-04 08:15 by
Sauli Vilén, Arttu Heikura

NoHo Partners Q2'26 snabbkommentar: Ett resultatmässigt mycket starkt kvartal

NoHos Q2-rapport var stark, med en betydande ökning av det operationella resultatet.

NoHo Partners
Regulatory press release2026-08-04 07:00

NoHo Partners Plc’s Half Year Financial Report 1 January–30 June 2026: A successful quarter across all markets – turnover, profitability, and earnings per share growing

NoHo Partners
NoHo Partners Q2'26 förhandskommentar: Resultatet förblir stabilt
Analyst Comment2026-07-30 06:57 by
Arttu Heikura, Sauli Vilén

NoHo Partners Q2'26 förhandskommentar: Resultatet förblir stabilt

Vi förväntar oss att det operationella resultatet har legat kvar på jämförelseperiodens nivå, vilket tyngs av Norges fortfarande svaga marginal.

NoHo Partners
Third party research2026-07-16 08:09

Noho Partners: nohoNordic restaurant market shows signs of improvement - Nordea

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
Press release2026-07-14 10:00

NoHo Partners will publish its Half-Year Financial Report 2026 on Tuesday 4 August

NoHo Partners
Regulatory press release2026-06-16 15:00

NoHo Partners Plc: Managers’ Transactions (Niemi)

NoHo Partners
Press release2026-06-11 08:00

NoHo Partners to provide restaurant services for Arena 3.3 to be built in Vantaa

NoHo Partners
Regulatory press release2026-05-22 15:30

NoHo Partners Plc: Managers’ Transactions (Laine)

NoHo Partners
Regulatory press release2026-05-08 10:45

NoHo Partners Plc: Managers’ Transactions (Kaario)

NoHo Partners
Third party research2026-05-06 07:07

Restamax: Warmer winds expected for summer season - Nordea

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
NoHo Partners Q1'26: Vinsttillväxten koncentreras till H2
Research2026-05-06 06:10 by
Sauli Vilén, Arttu Heikura

NoHo Partners Q1'26: Vinsttillväxten koncentreras till H2

De kortsiktiga efterfrågeutsikterna ser lovande ut.

NoHo Partners
NoHo Partners Q1'26 snabbkommentar: En tyst inledning på året hindrar vinsttillväxten
Analyst Comment2026-05-05 08:28 by
Arttu Heikura, Sauli Vilén

NoHo Partners Q1'26 snabbkommentar: En tyst inledning på året hindrar vinsttillväxten

NoHos Q1-utveckling var svagare än förväntat då marknadsläget fortsatte att vara utmanande.

NoHo Partners