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Wulff Group

4.00 EUR+0.50 %30/7 9:35
4,063 following

WUF1V

NASDAQ Helsinki

Industrial Goods & Services

Industrials

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Financials & Estimates
Dividend
Investor consensus
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+0.50 %
+0.76 %
+18.69 %
-8.26 %
+0.50 %
+42.86 %
+18.69 %
-18.20 %
-33.33 %

Wulff Group is a retailer of office supplies. The range is wide and includes, for example, inventory, IT solutions, first aid equipment, and various ergonomic solutions. In addition, lighting and products for construction sites are also offered. The company operates throughout the international market, with the largest presence in the Nordic market. The head office is located in Vantaa.

Read more
Market cap
27.63M EUR
Turnover
8 EUR
P/E (adj.) (26e)
10.05
EV/EBIT (adj.) (26e)
7.68
P/B (26e)
1.03
EV/S (26e)
0.29
Dividend yield-% (26e)
4.75 %
Coverage
Recommendation
Accumulate
Target price
4.40 EUR
Updated
2026-07-17
Disclaimer
Arttu Heikura
Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 2026-07-17

Latest extensive report

Released: 2026-02-21

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
That’s exactly what happened. Inderes Sisäpiiritieto: Sami Asikainen Wulff-Yhtiöt Oyj:n uudeksi toimitusjohtajaksi... 16.6.2026 10:30:02 EEST | Wulff-Yhtiöt Oyj | Muutokset hallitus/johto/tilintarkastusWulff-Yhtiöt Oyj:n hallitus on nimittänyt Sami Asikaisen, 54, yhtiön toimitusjohtajaksi...
6/16/2026, 7:34 AM
by TJT
7
Q2/26 results next Thursday. My own thoughts and estimates. Romania has been opened, but it won’t provide a significant contribution yet. Doctors has become active, but not much reportable revenue is likely to have accrued. The Lahti office was closed in Q1/26. Q2/26e revenue 35....
7/8/2026, 9:07 PM
by BareBone
5
Arttu also succeeded brilliantly with his forecasts: Inderes Wulff-Yhtiöt Oyj:n puolivuosikatsaus tammi—kesäkuu 2026: Wulffilta... 16.7.2026 09:30:09 EEST | Wulff-Yhtiöt Oyj | PuolivuosikatsausTämä on tiivistelmä Wulff-Yhtiöt Oyj:n puolivuosikatsauksesta tammi–kesäkuu 2026. Puolivuosikatsa...
7/16/2026, 6:43 AM
by Karhu Hylje
4
Great performance by Wulff, and Arttu also made the necessary forecast adjustments, hitting the nail on the head! The Q3 and Q4 forecasts also seem realistic. As for 2027, I believe in better performance. In Services - Works, there is clearly better execution, and my concerns about...
7/16/2026, 12:04 PM
by BareBone
2
Here are Rauli’s comments on Asikainen’s comeback Wulff announced on Tuesday that it has appointed Sami Asikainen as the company’s new CEO, effective immediately. We consider this internal appointment a logical choice, as Asikainen has successfully led the Staffing Services business...
6/17/2026, 6:19 AM
by Sijoittaja-alokas
2
Here are Arttu’s comments regarding Wulff’s expansion into Romania. Inderes – 29 May 26 Wulffin henkilöstövuokrausliiketoiminta kansainvälistyy Romaniaan - Inderes Laajentuminen Romaniaan pidentää henkilöstövuokrausliiketoiminnan kasvupolkua.
5/29/2026, 5:12 AM
by Sijoittaja-alokas
2
Labor shortages are a clearly identified problem in certain sectors. Similar issues were recently raised by Pekka Vuorela, Vice Chairman of the HELA Board and CEO of Bondata. This is a step in the right direction. Henkilöstöala HELA – 20 May 26 Blogi: Kansainvälinen työvoima ei ole...
5/28/2026, 12:51 PM
by BareBone
2
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
19/10
2026

Interim report Q3'26

Wulff Q2'26: Fart på vinsttillväxtmotorn
Research2026-07-17 07:42 by
Arttu Heikura

Wulff Q2'26: Fart på vinsttillväxtmotorn

Företaget förbättrade sin vinst betydligt, drivet av båda segmenten.

Wulff Group
Regulatory press release2026-07-16 08:30

Wulff Group Plc's Half-Year Financial Report January—June 2026: Record net sales and impressive earnings improvement for Wulff

Wulff Group
Wulff Q2'26 förhandskommentar: Resultatförbättringen fortsätter, men avkastningsförväntningarna har minskat
Research2026-07-15 06:10 by
Arttu Heikura

Wulff Q2'26 förhandskommentar: Resultatförbättringen fortsätter, men avkastningsförväntningarna har minskat

Vi förväntar oss att företaget har fortsatt sin tjänstedrivna omsättningstillväxt och förbättrat sin vinst.

Wulff Group

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Asikainen återvänder som Wulffs VD
Analyst Comment2026-06-17 06:50 by
Rauli Juva

Asikainen återvänder som Wulffs VD

Sami Asikainen blir VD – snabb utnämning eliminerar osäkerhet och säkerställer strategins kontinuitet.

Wulff Group
Regulatory press release2026-06-16 09:30

Inside information: Sami Asikainen appointed as Wulff Group Plc’s new CEO

Wulff Group
Regulatory press release2026-06-09 15:30

Wulff Group Plc: Notification according to Chapter 9, Section 10 of the Securities Market Act

Wulff Group
Analyst Comment2026-06-02 07:04 by
Petri Gostowski

Personaluthyrningsbranschen fortsatte att växa något i april

Enligt omsättningsundersökningen för personalbranschen uppgick de 20 största företagens omsättning i april till cirka 117 MEUR, vilket motsvarar en tillväxt på knappt 1 % jämfört med samma period förra året.

EezyWulff Group
Wulffs personaluthyrningsverksamhet internationaliseras till Rumänien
Analyst Comment2026-05-29 06:11 by
Arttu Heikura

Wulffs personaluthyrningsverksamhet internationaliseras till Rumänien

Expansionen till Rumänien förlänger tillväxtbanan för bemanningsföretaget.

Wulff Group
Wulff: VD Rahkonen lämnar företaget
Analyst Comment2026-05-25 06:30 by
Rauli Juva

Wulff: VD Rahkonen lämnar företaget

VD Elina Rahkonen lämnar sin tjänst i augusti.

Wulff Group
Regulatory press release2026-05-22 14:00

Inside information: Wulff Group Plc’s CEO Elina Rahkonen will leave the company

Wulff Group
Wulff Q1'26: Vinsttillväxt upprätthåller attraktiv risk/reward
Research2026-04-28 06:10 by
Arttu Heikura

Wulff Q1'26: Vinsttillväxt upprätthåller attraktiv risk/reward

Wulff mångfaldigade sin vinst under Q1.

Wulff Group
Regulatory press release2026-04-27 08:30

Wulff Group Plc's Interim Report January—March 2026: Wulff’s net sales and operating profit continued to grow strongly

Wulff Group
Wulff Q1'26 förhandskommentar: Vi estimerar att vändningen i resultatet har fortsatt
Research2026-04-23 06:10 by
Arttu Heikura

Wulff Q1'26 förhandskommentar: Vi estimerar att vändningen i resultatet har fortsatt

Vi förväntar oss att den tjänstedrivna tillväxten, förändringen i försäljningsfördelningen och anpassningsåtgärderna har förbättrat koncernens resultat.

Wulff Group
Regulatory press release2026-04-09 13:00

Decisions of Wulff Group Plc’s Annual General Meeting on April 9, 2026

Wulff Group
Wulff frigör mer kapital genom fastighetsförsäljning
Analyst Comment2026-04-01 06:30 by
Arttu Heikura

Wulff frigör mer kapital genom fastighetsförsäljning

Affären frigör kapital för företagsförvärv inom redovisningsverksamheten.

Wulff Group
Regulatory press release2026-03-31 10:00

Inside information: Wulff releases capital for business growth through the sale of its warehouse facility in Tuusula

Wulff Group
Regulatory press release2026-03-05 13:00

Notice to convene the Annual General Meeting of Wulff Group Plc

Wulff Group
Regulatory press release2026-03-05 08:30

Wulff Group Plc's Annual Review, Financial Statements, Corporate Governance Statement and Remuneration Report 2025 published

Wulff Group
Wulff omfattande analys: Tillväxt driven av tjänster
Extensive research2026-02-21 08:10 by
Arttu Heikura

Wulff omfattande analys: Tillväxt driven av tjänster

Wulffs investeringsberättelse är beroende av en förbättrad resultatutveckling genom en stark tillväxt inom tjänster.

Wulff Group
Wulff Q4'25: Goda tillväxtutsikter för vinsten väger upp ett svagt EPS
Research2026-02-17 06:10 by
Arttu Heikura

Wulff Q4'25: Goda tillväxtutsikter för vinsten väger upp ett svagt EPS

Wulffs operationella prestation under Q4 var överlag bra.

Wulff Group