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Relais Group

15.65 EUR

0.00 %

3,867 following

RELAIS

NASDAQ Helsinki

Automobiles

Consumer Goods & Services

Overview
Financials & Estimates
Ownership
Dividend
Investor consensus
Compare
0.00 %
+7.56 %
-0.32 %
-6.29 %
-5.44 %
+6.83 %
+17.67 %
-20.96 %
+112.93 %

Relais Group is an importer and wholesaler for the automotive industry. The group focuses mainly on the development of automotive electronic equipment for trucks. Examples of products that the company supplies include lighting products, applications for warning lights, camera systems, and other spare parts for heavy vehicles. The largest operations are found in the Nordic and Baltic markets, with customers in the aftermarket industry.

Read more
Market cap
290.47M EUR
Turnover
1.52K EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
Coverage
Recommendation
Buy
Target price
Updated
13.05.2026
Disclaimer
Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
3rd party
ShowingAll content types

Forum discussions
Petri "The Last Emperor” Gostowski has published a new equity research report on Relais. Relais’s Q1 figures beat our forecasts by a clear margin, as organic growth was stronger than anticipated. However, we only made slight forecast changes, so we reiterate our EUR 18.0 target price...
5/13/2026, 7:24 PM
by Sijoittaja-alokas
20
Here are Tommi’s comments on Relais’s new strategy and financial targets. Relais published its updated strategy and new financial targets for the years 2026–2028 this morning. As we anticipated in connection with the Q1 report, a target measuring return on capital was included in...
5/20/2026, 7:12 AM
by Sijoittaja-alokas
19
Regarding technical wholesale, there is a mention of the weather: the cold winter had a positive impact on the sales of spare parts and equipment compared to the mild winter of 2025.
5/13/2026, 6:43 AM
by T_sijoittaja
19
The company has ramped up its CMD advertising. Attached is a screenshot from the Arvopaperi website.
5/17/2026, 9:15 PM
by hiirimatto
17
CMD interview 15 min: Topics: (00:00​) Introduction (00:13​) New strategy (00:46​) Operational changes during the new strategy period (02:52​) Three building blocks of strategy implementation (05:05​) Acquisitions (06:43​) Financial targets (08:22​) Markets of interest (10:15​) Capital...
5/20/2026, 2:27 PM
by Ilkka
16
Tj Gebauer’s interview regarding Q1: (00:00) Introduction (00:07) Q1 performance (00:42) Cold winter boosted sales (02:42) Startax (03:59) Change in reporting model (05:30) New acquisition (06:34) Upcoming Capital Markets Day on May 20th (07:26) Market situation
5/13/2026, 9:38 AM
by Ilkka
16
Little-known listed company overhauled its management – “We are doing great” Harvojen tuntema pörssiyhtiö pisti johtonsa uusiksi – ”Meillä menee loistavasti” | Kauppalehti Kauppalehti interviewed the new CEO “We are doing great and in the future even better”, Gebauer messages to ...
5/24/2026, 9:13 AM
by JR-65
15
Read more on our forum
Petri Gostowski
Petri Gostowski

Co. Head of Research

Latest research

Latest analysis report

Released: 15.05.2026

Latest extensive report

Released: 18.06.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
13.8.
2026

Interim report Q2'26

28.10.
2026

Interim report Q3'26

Regulatory press releaseyesterday

Relais Group Plc - Managers' transactions - Seppänen

Relais Group
Regulatory press releaseyesterday

Relais Group Plc - Managers' transactions - Carlos

Relais Group
Regulatory press releaseyesterday

Relais Group Plc - Managers' transactions - Popov

Relais Group

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Regulatory press releaseyesterday

Relais Group Plc - Managers' transactions - Garcia

Relais Group
Regulatory press releaseyesterday

Relais Group Plc - Managers' transactions - Viitaniemi

Relais Group
Regulatory press releaseyesterday

Relais Group Plc - Managers' transactions - Johansson Gebauer

Relais Group
Third party research5/21/2026, 5:49 AM

Relais: CMD pinpointing importance of capital returns - Nordea

Relais hosted its first ever CMD yesterday. Overall, the focus is clearly around capital allocation, which we view logical following the acquisition spree in 2025. New financial targets are for at least 10% adjusted EBITA growth over the cycle and minimum...

Relais Group
Efficiency the key theme at Relais’ Capital Markets Day
Analyst Comment5/21/2026, 6:46 AM by
Tommi Saarinen

Efficiency the key theme at Relais’ Capital Markets Day

The targeted return on capital links the growth targets to shareholder value creation, which is why we consider the ROCE target an excellent addition.

Relais Group
Press release5/20/2026, 4:53 PM

DNB Carnegie Access: Relais: Postcard from Capital Markets Day 2026

Relais Group
Relais CMD: Turning growth into returns14:46
Video5/20/2026, 2:08 PM by
Tommi Saarinen

Relais CMD: Turning growth into returns

Relais is entering a new era driven by a renewed strategy focused not only on growth, but also on delivering stronger returns.

Relais Group
Relais Group - Capital Markets Day 2026
Webcast5/20/2026, 11:00 AM

Relais Group - Capital Markets Day 2026

Relais Group
Press release5/20/2026, 8:33 AM

DNB Carnegie Access: Relais Group: New financial targets for 2026–28: turning growth into returns

Relais Group
Third party research5/20/2026, 7:46 AM

Relais: New financial targets largely in line with expectations - Nordea

Ahead of its CMD today, Relais updated its strategy for 2026-28 and provides new financial targets. The company is clearly putting efforts on returns with strategy execution focusing on 1) building the foundation for the next wave of profit growth 2)...

Relais Group
Relais: New strategy emphasizes return on capital and efficiency
Analyst Comment5/20/2026, 7:05 AM by
Tommi Saarinen

Relais: New strategy emphasizes return on capital and efficiency

The new ROCE target of over 13% requires a clear improvement in efficiency compared to the company's historical level.

Relais Group
Regulatory press release5/20/2026, 5:30 AM

Relais Group Oyj: Relais Group updates its strategy for 2026-2028 and provides new financial targets

Relais Group
Press release5/18/2026, 10:11 AM

Redeye: Relais (Q1 review): Top-line beat driven by winter tailwinds

Relais Group
Third party research5/15/2026, 5:11 AM

Relais Group: Further improvement potential for 2026 - Nordea

Relais' Q1 2026 adjusted EBITA of EUR 12.8m was 5% above Modular Finance consensus and sales were 4% ahead. Organic sales growth was strong at 7% y/y, partly supported by a cold winter. We believe the company has further margin improvement potential ...

Relais Group
Press release5/15/2026, 4:40 AM

DNB Carnegie Access: Relais Group: Encouraging start to the year – Q1 review

Relais Group
Relais Q1'26: Extracting more power from the current engine
Research5/15/2026, 7:33 AM by
Petri Gostowski

Relais Q1'26: Extracting more power from the current engine

Relais' Q1 figures surpassed our estimates by a wide margin, as organic growth was stronger than anticipated.

Relais Group
Relais Q1'26: Cold winter boosted sales8:48
Video5/13/2026, 9:24 AM by
Petri Gostowski

Relais Q1'26: Cold winter boosted sales

Relais' growth was strong in Q1, and profitability remained at a good level despite the changed business mix due to acquisitions.

Relais Group