contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


noho-partners-back-action-after-covid-cooldown

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Sauli Vilén

Matias Arola

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 &amp; Brgrs Cock's &amp; Cows and Holy Cow! . The company was founded in 1996.

Hopefully never. Helsinki already has plenty of general meetings, and NoHo is a Tampere-based company. Insider dinners have been held in Helsinki.

Good morning, when should NoHo Partners hold a general meeting in Helsinki, as that would also be a possible location in addition to Espoo and Vantaa, based on the articles of association? Tampere is a good location, but a bit too far for enjoying real dividends

According to Statistics Finland, the restaurant services category achieved slight growth in February, both in euros (2.2%) and in volume (1.4%).

Happy Friday!  NoHo Partners’ Annual General Meeting will be held on April 15, 2026, at 5 PM in Tampere. The venue is the familiar Eventum at Nokia Arena. The reception of registered attendees, distribution of voting slips, and pre-meeting coffee service will begin at 4 PM. After the Annual General Meeting, shareholders will be offered dinner, refreshments, and an opportunity to meet company representatives. So, real dividends are taken care of, this time too.   The evening event for shareholders will conclude by 8:30 PM at the latest. Registration opens next Monday, March 23, at 9 AM. Welcome! More information about the meeting and detailed instructions can be found here.

Here’s a substantial reading package to remind us why we own this: NoHo Partners Oyj:n vuosikertomus 2025 on julkaistu | Kauppalehti

BBS’s book value is around 2€ and is certainly included in NoHo’s share price as investors trade the stock on the exchange. If the stake in BBS were sold now and the resulting cash distributed to investors, they would likely receive a 2€ dividend and NoHo’s share price would drop by roughly those same 2€. Perhaps some upward movement could be seen as the value is unlocked, but on the other hand, one growth driver would be gone and BBS’s earnings would be out of the EPS. I personally believe that at least one more burger restaurant chain will be acquired for (or merged into) BBS before any bigger moves are made with it.

Somehow NoHo already feels like a fairly cheap stock, if you consider for example the impact of BBS on the share value. Divesting BBS alone would raise the share price by €2-3. And the value of BBS just keeps on rising.

NoHo Partners

We expect NoHo to be back on a strong growth track from 2022 onward, and the company’s strategic decisions for the next few years are chiefly right. As the business gradually recovers, the company...

<p>We expect NoHo to be back on a strong growth track from 2022 onward, and the company’s strategic decisions for the next few years are chiefly right. As the business gradually recovers, the company’s risk level decreases when cash flow improves and the debt burden in the balance sheet decreases. In our view, the stock’s return/risk ratio remains sufficiently attractive, because if our earnings estimates are realized, the valuation level is not high. If the strategy is successful, the long-term earnings potential is also significant.</p> 

	2020	21e	22e
Revenue	156.8	175.2	290.0
growth-%	-42.5 %	11.7 %	65.6 %
EBIT (adj.)	-24.0	-9.7	19.0
EBIT-% (adj.)	-15.3 %	-5.6 %	6.5 %
EPS (adj.)	-1.43	-0.62	0.58
Dividend	0.00	0.00	0.30
Dividend %	0.0 %	0.0 %	4.1 %
P/E (adj.)	neg.	neg.	12.6
EV/EBITDA	17.1	9.7	5.6

NoHo Partners: Back to action after COVID cooldown

Key Estimate Figures2021-08-17

Forum discussions