Name: Evli
Price range: $

Outlook for 2024

The business environment is expected to remain uncertain and difficult to predict in 2024. The expansion of geopolitical risks, fears of inflation and interest rates, and concerns about the sustainability of economic growth increase uncertainty in the markets. Despite the challenging market environment, Evli has succeeded in strengthening its position in the market. Growth has been supported by a wide product range and customer base. Due to the one-off impact from the corporate arrangement, the strong position and growth prospects, we estimate that the operating profit will significantly exceed the level of the comparison period.

Financial targets

Evli’s strategy is guided by its long-term financial targets:

Significant growth of AUM (EUR 30 billion) over the long-term
EBIT margin of 30%
High return on equity (25%)
Recurring revenue ratio in excess of 130%.