Ilkka grew at the end of the year, but the result decreased

Providing marketing services Ilkka published its interim report from October to December.

Turnover rose to 9.7 million euros from 8.4 million euros at the same time of the previous year. Adjusted operating profit for own operations shrank to 0.2 million euros from 0.4 million euros.

The loss per share calculated from the net result was 0.02 euros, while the profit of the comparison period was 0.02 euros.

Ilka’s board of directors proposes that a dividend of EUR 0.25 per share be distributed from the entire result of last year. For the year 2024, EUR 0.22 was distributed.

The company’s profit per share for the whole year was EUR 0.15. The turnover was 37.8 million euros and the adjusted operating profit of own operations was 1.6 million euros.

Ilkka advises that the turnover of continuing operations and the adjusted operating profit of own operations will increase this year from the previous year.

Ilkka offers services from five companies, ie by Liana Technologies, evermaden, Mysomen, The world of sales and Profinder’s through. The companies focus on, for example, marketing, website design, social media and data analysis.

Ilkka was previously known as a media company for its top product, news media Ilkka-Pohjalainen. Ilkka organized his business operations last year and media services ended For Kaleva Media. At the same time, Ilka became the owner of Kaleva Media with a 35 percent share.

Ilkka offers marketing positions and media Alma Median major shareholder, through which the company receives a dividend stream and can pay larger dividends than the result would allow. Ilkka was the third largest owner at the end of January with a 10.9 percent share.

Kauppalehti and Arvopaperi are part of Alma Media.

Growth through acquisitions

CEO of Ilka Olli Pirhonen comment on the business development of the entire year in the interim report.

Last year’s turnover grew by 23 percent to 37.8 million euros, which, according to Pirhonen, was mainly a result of the Profinder acquisition.

The operating profit of own operations improved to 1.6 million euros from the previous year’s loss of 0.4 million euros. However, the group’s profit before taxes from continuing operations was below the previous year.

“This was mainly due to the decrease in net financing costs,” says Pirhonen in the interim report.

According to Pirhonen, Ilka is now focusing on developing the business entity without media companies.

“Our group’s goal is to grow into an international company that creates impact to improve our customers’ business.”

By Editor