Kesko’s earnings were a bit of expectations, Alma Media Petrai – KL follows the profit day of the Helsinki Stock Exchange

Betolar updates its financial goals

Betolar’s Board of Directors has strengthened the company’s financial objectives, which now include the achievement of a positive business flow by the end of 2026.

In addition, the long -term economic goal is to achieve a billion euro turnover and the 30 % Academy margin will remain unchanged by the end of 2033.

Betolar does not consider financial goals as a result guidance.

“In the long term, low-carbon solutions replacing cement are expected to grow, especially in the mining and metal industry and in construction, and Betolar is seeking a significant market share,” the release states.

In the past, Betolar’s medium -term financial targets were EUR 50-100 million in revenue at the end of 2026 and the achievement of a positive business flow in 2026.

Betolar will release its results at around 8.30am today.

Read more: Betolar updates its financial goals

Alma Media Update to Long -Term for Financial Goals

The Board of Directors of Alma Media has decided to update the Group’s long -term financial goals related to the company’s business growth, profitability and solvency.

The company raises its profitability target for the operating margin of the operating profit margin of more than 25 % to more than 30 %.

With regard to growth and solvency, the targets remain in the targets set on 16 September 2021.

Kauppalehti is part of Alma Media.

Read more: Alma Media Update to Long -Term for Financial Goals

Alma Media improved turnover and corrected operating profit

Media company Alma Media’s net sales in October -December rose to EUR 81.2 million from EUR 78.0 million in the comparison period. According to a consensus collected by Modular Finance, analysts expected an average of EUR 80.2 million.

Adjusted operating profit rose to EUR 19.5 million from EUR 16.7 million in the comparison period. Analysts were expecting an adjustable operating profit of EUR 17.6 million.

The Government’s preliminary dividend proposal for 2024 is EUR 0.46 in accordance with the forecasts of analysts, compared to EUR 0.45 a year earlier.

According to the result guidelines, Alma Media expects a turnover of the previous year and adjusted operating profit from 2025.

Kauppalehti is part of Alma Media.

Read more: Alma Media improved turnover and corrected operating profit

Kesko’s result did not quite reach expectations

Kesko’s net sales in October to December were EUR 3,040.6 million. During the comparison period, net sales were EUR 2,902 million. The analysts expected 3,028 million.

In the fourth quarter, the company made a comparable operating profit of EUR 170.8 million. During the comparison period, it was EUR 170.5 million. The expectation of analysts was EUR 176.7 million.

The earnings per share were EUR 0.31 at a comparison period EUR 0.31. The expectations were EUR 0.30.

The dividend proposal is EUR 0.90 per share. The analysts predicted that the government’s dividend proposal was EUR 0.93 per share. The previous dividend was EUR 1.02 per share.

Read more: Kesko’s earnings did not quite reach expectations, dividend decreases