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Relais Group

17.50 EUR

+1.74 %

3,814 following

RELAIS

NASDAQ Helsinki

Automobiles

Consumer Goods & Services

Overview
Financials & Estimates
Investor consensus
Compare
+1.74 %
+4.79 %
+5.74 %
+10.76 %
+12.90 %
+33.08 %
+75.70 %
+27.74 %
+138.10 %

Relais Group is an importer and wholesaler for the automotive industry. The group focuses mainly on the development of automotive electronic equipment for trucks. Examples of products that the company supplies include lighting products, applications for warning lights, camera systems, and other spare parts for heavy vehicles. The largest operations are found in the Nordic and Baltic markets, with customers in the aftermarket industry.

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Market cap
322.62M EUR
Turnover
608.75 EUR
P/E (adj.) (25e)
12.96
EV/EBIT (adj.) (25e)
14.55
P/B (25e)
1.81
EV/S (25e)
1.47
Dividend yield-% (25e)
2.97 %
Coverage
Recommendation
Accumulate
Target price
19.00 EUR
Updated
2026-01-08
Disclaimer
Petri Gostowski
Petri Gostowski

Co. Head of Research

Latest research

Latest analysis report

Released: 2026-01-08

Latest extensive report

Released: 2025-06-18

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
13/2
2026

Annual report '25

14/4
2026

General meeting '26

13/5
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
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ShowingAll content types
M&A machine running smoothly
Researchyesterday by
Petri Gostowski

M&A machine running smoothly

Relais was active on the M&A front in late 2025, when the company announced three acquisitions.

Relais Group
Press release1/5/2026, 11:35 AM

Relais Group Oyj: Relais group company Strands Group has completed the acquisition of a majority share in Qpax AB

Relais Group
Relais grows product business with an acquisition in Sweden
Analyst Comment12/23/2025, 7:18 AM by
Petri Gostowski

Relais grows product business with an acquisition in Sweden

Relais' subsidiary Strands Group will acquire 70% of Qpax AB.

Relais Group

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Press release12/22/2025, 8:20 AM

Relais Group Oyj: Relais group company Strands Group AB acquires a majority share in Qpax AB

Relais Group
Relais strengthens its workshop network in Northern Sweden
Analyst Comment12/22/2025, 6:45 AM by
Petri Gostowski

Relais strengthens its workshop network in Northern Sweden

The acquired company specializes in damage repair for heavy commercial vehicles in Northern Sweden.

Relais Group
Press release12/19/2025, 8:25 AM

Relais Group Oyj: Relais Group's Swedish group company Team Verkstad acquires Landströms Bygg & Plåt i Gällivare AB

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Seppänen

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Ekström

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Carlos

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Carlos

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Garcia

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Seppänen

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Popov

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Garcia

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Viitaniemi

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Popov

Relais Group
Regulatory press release11/24/2025, 4:00 PM

Relais Group Oyj: Relais Group Plc - Managers' transactions - Popov

Relais Group
Regulatory press release11/5/2025, 2:30 PM

Relais Group Oyj: The Board of Directors of Relais group Plc resolved on new stock option plans and amendments to stock option plans 2023A, 2023B, 2024A and 2024B

Relais Group
Relais continues targeted acquisitions in maintenance and repair services
Analyst Comment10/31/2025, 10:22 AM by
Petri Gostowski

Relais continues targeted acquisitions in maintenance and repair services

The group’s subsidiary Team Verkstad has agreed to acquire TJ Fordonsservice AB.

Relais Group
Press release10/30/2025, 8:45 AM

Relais Group Oyj: Relais Group's Swedish group company Team Verkstad acquires TJ Fordonsservice AB

Relais Group
Forum discussions
Hi, it’s no coincidence. In Sweden, there is quite an interesting number of good and profitable repair shops that are on our radar. As our network grows and positive word spreads, entrepreneurs see us as a good and safe “home” for their repair shops. This is going exactly according...
12/19/2025, 9:35 AM
by RelaisGroupOfficial
72
One more deal for this year as a Christmas present: Question for @RelaisGroupOfficial: Team Verkstad is the buyer once again. The pace of this “division” seems to be accelerating in terms of deals. Is it a coincidence that Verkstad specifically has had so many deals? Or is their ...
12/19/2025, 8:34 AM
by poutapilviä
36
Relais’s December shareholder listing showed no extraordinary events, but nominee-registered holdings increased mainly through SEB by +24k shares. Helander Holding, conversely, decreased by -20k shares. If looking at the whole of last year, nominee-registered ownership in the company...
1/2/2026, 8:57 AM
by poutapilviä
30
Yet another small deal as a Christmas present This time on the product side, a designer/manufacturer of auxiliary light bars. EDIT: The entrepreneur family remained as minority owners, and apparently a generational succession is being handled at the same time For a serial acquirer...
12/22/2025, 8:27 AM
by JP199
28
Here is the updated company report on Relais from Petri, following the company’s active end to the year. Relais was active on the M&A front at the end of 2025, as the company announced three corporate transactions. The transactions are small in size, and as a result, the changes ...
yesterday
by Sijoittaja-alokas
19
Here are Petri’s comments on Relais’s new acquisition. In the transaction, Relais’s subsidiary Strands Group is acquiring 70% of Qpax AB. The acquired company focuses on the design and manufacture of auxiliary light brackets installed on light commercial vehicles. In our view, the...
12/23/2025, 5:52 AM
by Sijoittaja-alokas
17
I don’t personally engage in short-term speculation much, but I’ll comment anyway Fears of disappointments brought by a mild winter were already slightly discussed in the thread last winter, when everyone knew about the severe frosts in the comparison period. These fears did materialize...
12/8/2025, 9:36 PM
by JP199
16
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