Aktia’s dividend of the earnings warn

Aktia’s dividend over expectations, returns hit forecasts

Bank Aktia reports on the stronger /lower business returns in October and December.

An important interest rate for Aktia dropped to EUR 38.1 million from last year’s EUR 38.2 million. Analysis Service The forecast of two analysts from Factset was EUR 36.5 million.

Aktia’s business generated EUR 78.7 million, compared with EUR 75.2 million last year. Analysts expected a return of EUR 74.5 million.

In October -December, comparable operating profit was EUR 28.3 million, compared with EUR 25.6 million a year ago. Analysts expected an average of EUR 25.2 million in operating profit.

The Bank’s Board of Directors proposes a dividend of EUR 0.82 per share to the Annual General Meeting. Analysts anticipate a dividend of EUR 0.77 per share. For the financial year 2023, Aktia paid a dividend per share of EUR 0.70.

Aktia’s 2025 comparable operating profit is expected to be lower than the 2024 comparable operating profit of EUR 124.5 million.

Hellevi Mauno

Read more: Aktia’s dividend over expectations, returns hit forecasts

Aktia warned due to one -time installments just before the report

According to Aktia Bank, one-off-one-off lots will burden the result of the fourth quarter of 2024, but do not affect comparable results.

Aktia Bank will continue investing and updates for the modern, 2017 basic banking system, and has re-evaluated the balance sheet values ​​of existing IT systems and depreciation times on December 31, 2024.

“As a result of the re-evaluation, the value of IT-related intellectual commodities is reduced by EUR 25.0 million and IT licenses will be recorded by EUR 1.4 million.

“Most of the impairment is targeted at the basic banking system.”

According to Aktia, the one -time differently has no effect on comparable results and only a marginal effect on nuclear capital.

Antti Mustonen

Read more: Aktia warned due to one -time installments just before the report

Taaler’s dividend halves as expected

Known for his private equity funds, Taaleri reported his financial statements and dividend proposals in the morning. The company’s investment income movements from one quarter to another bring a rich swing to the company’s key figures.

In October -December, Taaler’s net sales decreased to EUR 20.0 million from EUR 18.2 million of the year -long benchmark. Inderes following the company had predicted a turnover of EUR 11.9 million.

Taaler’s adjusted operating profit increased to EUR 9.4 million from EUR 6.9 million, while Inderes’ forecast was EUR 3.3 million.

The earnings per share were EUR 0.23, compared with EUR 0.14 and the expectation was EUR 0.07.

The Board of Directors of Taaler will submit a dividend of EUR 0.50 per share to the Annual General Meeting. A year earlier, the dividend was paid EUR 1.00 per share. Inderes had anticipated a dividend of EUR 0.49 per share.

The dividend is proposed to be paid in two installments.

A year ago, the company paid extra profit distribution. Some years ago, the company sold its fund management business to Aktia, and Taaleri distributed an extra dividend for these money for several years. A year ago, Taaleri is already clearly a message to investors that extra dividends are no longer dropped in the near future and the company will focus on growth.

Jyri Tuominen

Read more: Taaler’s dividend is halved as expected – the rest of the year is surprisingly strong

Pihlajalinna briskly raises his dividend

From October to December, Pihlajalinna will report an adjusted EBITA result of EUR 15.4 million with a turnover of EUR 182.5 million.

In October-December, a 4-5 analyst consensus forecast collected by Factset had a rectified EBITA result of EUR 15.2 million with a turnover of EUR 180.9 million.

A year earlier, the EBITA result was EUR 9.9 million and net sales of EUR 183.0 million in fourth quarter.

At the end of October, the company raised its profitability guidelines for 2024 and said that it would expect the adjusted EBITA to reach EUR 53-56 million in 2024.

In the past, Pihlajalinna expected an adjusted operating profit before the removal and impairment of intangible commodities, ie the adjusted EBITA result would exceed EUR 48 million. The turnover view remained unchanged.

The earnings per share rose to EUR 0.35. Analysts estimated that it had risen to EUR 0.33, compared to a loss per share a year earlier at a loss of EUR 0.25.

Pihlajalinna’s Board of Directors proposes that a dividend of EUR 0.38 per share be distributed for the financial year. Inderes expected a dividend per share of EUR 0.42 at a consensus forecast of EUR 0.33. The dividend was last distributed EUR 0.07 per share.

Laura Lähdevuori

Read more: Pihlajalinna briskly raises his dividend