NoHo Partners continues its profitable growth: turnover for June 2022 was approximately MEUR 28 and operational EBITDA was roughly MEUR 8.3, including MEUR 4.3 of subsidies from the Finnish government
2022年7月11日 - 2:30PM
NoHo Partners continues its profitable growth: turnover for June
2022 was approximately MEUR 28 and operational EBITDA was roughly
MEUR 8.3, including MEUR 4.3 of subsidies from the Finnish
government
NoHo Partners Plc INVESTOR NEWS 11 July 2022 at 8:30 a.m.
NoHo Partners continues its profitable growth: turnover for June
2022 was approximately MEUR 28 and operational EBITDA was roughly
MEUR 8.3, including MEUR 4.3 of subsidies from the Finnish
government NoHo Partners Plc’s turnover in June 2022 was
approximately MEUR 28, representing growth of about 48 per cent
compared to the corresponding period in 2021 and 13 per cent growth
compared to the corresponding period in 2019, before the COVID-19
pandemic. Operational EBITDA was approximately MEUR 8.3, of which
the share of operational activities was approximately MEUR 4
(approximately 14% of turnover) and MEUR 4.3 of the retrospective
government compensation recorded for June related to the
January–February business restrictions in Finland. NoHo Partners
CEO Aku Vikström: “The strong demand trend continued in June
when the turnover grew by 13% compared to 2019, the year before
COVID-19. Operational EBITDA generated by the business was also
strong at approximately MEUR 4 (approximately 14% of turnover). In
the first half of the year, we have succeeded well in recruiting
and in combating inflation, but above all, our staff have done an
excellent job on several fronts.” The company will discontinue
monthly reporting on business development and publish financial
information on a quarterly basis in the future. More information
is available from: Aku Vikström, CEO, NoHo Partners Plc, tel.
+358 44 235 7817 Jarno Suominen, Deputy CEO, NoHo Partners Plc,
tel. +358 40 721 5655 Distribution: Nasdaq Helsinki Major
media www.noho.fi/en NoHo Partners Plc is a Finnish group
established in 1996, specialising in restaurant services. The
company, which was listed on NASDAQ Helsinki in 2013 and became the
first Finnish listed restaurant company, has continued to grow
strongly throughout its history. The Group companies include some
250 restaurants in Finland, Denmark and Norway. The well-known
restaurant concepts of the company include Elite, Savoy, Teatteri,
Stefan’s Steakhouse, Palace, Löyly, Hanko Sushi, Friends &
Brgrs, Campingen and Cock’s & Cows. Depending on the season,
the Group employs approximately 2,100 people converted into
full-time employees. The Group aims to achieve turnover of MEUR 400
by the end of 2024. The company’s vision is to be the leading
restaurant company in Northern Europe.
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