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
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... 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
    }
  }
}


relais-solid-start-to-the-year-driven-by-acquisitions-and-robust-organic-development-nordea

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

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.

Tj Gebauerin haastattelu Q1:n tiimoilta:               (00:00) Aloitus  (00:07) Q1:n kehitys  (00:42) Kylmä talvi nostatti myyntiä  (02:42) Startax  (03:59) Raportointimallin muutos  (05:30) Uusi yritysosto  (06:34) Tuleva pääomamarkkinapäivä 20.5.  (07:26) Markkinatilanne

Regarding technical wholesale, there is a mention of the weather:  the cold winter had a positive impact on the sales of spare parts and equipment  compared to the mild winter of 2025.

Here are the figures for the beginning of the year in table format. Profitability met expectations well, so on adjusted figures, the result exceeded expectations driven by the top line. In particular, Technical Wholesale grew organically more strongly than expected, which is likely due, at least in part, to weather-related drivers.

Well, that went perfectly as expected! To my eye, there isn’t a single word about the weather in the CEO’s comments. It’s so obvious that the severe frosts in January and February played right into the company’s hands, so I think it’s a bit silly that it’s not being highlighted. I recall Arni commenting in early 2024 that the weather hit the mark from their perspective. If the weather was actually mentioned there, then my apologies

MFN – 13 May 26              Relais Group Oyj osavuosikatsaus tammi-maaliskuu 2026 (tilintarkast...    Relais Group Oyj Pörssitiedote 13.5.2026 klo 9.00 Tämä tiedote on tiivistelmä Relais Groupin osavuosikatsauksesta tammi-maaliskuu 2026. Tiedote on kokonaisuudessaan tämän tiedotteen liitteenÃ...                             JANUARY–MARCH 2026 IN BRIEF   Revenue was EUR 119.0 million (January–March 2025: 82.8), change +44%   Adjusted EBITA was EUR 12.8 (9.2) million, change +40%   Adjusted EBITA margin was 10.8 (11.1)%   Adjusted earnings per share, undiluted, was EUR 0.38 (0.34)   Net cash flow from operating activities was EUR 10.4 (2.7) million

SKAL              SKAL Kuljetusbarometri 2/2026: Kuljetustoiminnan odotetaan vilkastuvan, mutta...    Suomen Kuljetus ja Logistiikka SKAL ry:n tuore Kuljetusbarometri 2/2026 kertoo kuljetusyritysten kesäkauden kuljetusmääräodotusten parantuneen viime                             In the customer sector, all indicators are pointing northeast except for profitability. Only a bit over 50% of transport companies have functional fuel clauses. The question here is whether the use of more affordable, brand-independent workshops and parts would increase during leaner times; new “repair-free” equipment is also unlikely to be acquired during challenging periods. Extra outfitting of vehicles is likely not practiced as actively either. So that my guesswork wouldn’t rely solely on SKAL, I also sifted through the development of employee counts for the largest companies on LinkedIn. Generally, the headcount in all of them had grown by 3–11% since last May; one was flat (AB Reservdelar) and one was +24% (Huzells). While it’s certainly possible that the retiring generation doesn’t use LinkedIn and the newer generation does, such a large growth in headcount can’t be explained by anything other than business growth.

Carnegie preview is out. They are expecting organic growth. They are also looking ahead to the Capital Markets Day, where ambitious targets are expected. https://access.dnbcarnegie.com/publication/d78198cf-0af2-4963-0df7-08deaf4854e7 Adjusted P/E is 11 based on their 2026 forecasts. Not a bad price at all.

Relais Group

Relais Q1 adjusted EBITA of EUR 12.8m was up 40% y/y and came 5% above Modular Finance consensus of EUR 12.3m. Organic sales growth was 7% y/y in Q1 (Nordea +7%) owing to positive demand and...

Relais Q1 adjusted EBITA of EUR 12.8m was up 40% y/y and came 5% above Modular Finance consensus of EUR 12.3m. Organic sales growth was 7% y/y in Q1 (Nordea +7%) owing to positive demand and cold winter supporting Technical Wholesale and demand for premium lighting products in Products and Solutions. Net sales were EUR 119.0m (+44% y/y), 4% above consensus and supported by acquisitions. Overall, the Q1 EBITA beat was driven by strong development in all segments (organic adjusted EBITA growth: 16% y/y). Gross margin came 190bp above our expectation. Operating cash flow was strong at EUR 10.4m (EUR 2.7m a year ago). Relais does not give short-term outlook for 2026 but notes positive early results of its increased operational performance focus and active M&amp;A pipeline. On initial take, we expect consensus to make small positive estimate revisions on the back of the Q1 beat.