The connection between Alisa Bank and the My Evli online service is exceptionally closed on Tuesday December 31, 2024 between 12.30 pm. and Thursday January 2, 2025 at 7.00 am. We apologize for any inconvenience.

Pihlajalinna - Figures above estimates

Pihlajalinna’s Q1 revenue came in 4% above estimates and helped profitability land some EUR 3m higher than was expected.
  • Q1 revenue grew by 16.6% y/y to EUR 163.1m, compared to the EUR 156.6m/156.7m Evli/consensus estimates. Corporate customer revenue was EUR 49.3m vs the EUR 44.6m/44.6m Evli/consensus estimates, while private customers amounted to EUR 22.8m vs the EUR 22.6m/24.1m Evli/consensus estimates. Public sector customers were EUR 109.2m, compared to the EUR 107.8m/105.2m Evli/consensus estimates. Inorganic growth contributed EUR 15.9m while organic growth was EUR 7.3m, or 5.2%.
  • Covid-19 services revenue amounted to EUR 8.1m.
  • Adjusted EBITDA was EUR 16.5m vs the EUR 13.1m/12.1m Evli/consensus estimates, while adjusted EBIT landed at EUR 5.9m, compared to the EUR 3.3m/3.5m Evli/consensus estimates.
  • Pihlajalinna guides revenue to increase substantially and adjusted EBITA to remain flat (unchanged).
Open Report