Log in to your Inderes Free account to see all free content on this page.

Wulff Group

4.43 EUR

+1.61 %

4,018 following

WUF1V

NASDAQ Helsinki

Industrial Goods & Services

Industrials

Overview

Financials & Estimates

Ownership

Investor consensus

+1.61 %

+16.58 %

+11.31 %

+35.06 %

+54.90 %

+42.90 %

+24.44 %

+40.19 %

-26.17 %

Wulff Group is a retailer of office supplies. The range is wide and includes, for example, inventory, IT solutions, first aid equipment, and various ergonomic solutions. In addition, lighting and products for construction sites are also offered. The company operates throughout the international market, with the largest presence in the Nordic market. The head office is located in Vantaa.

Market cap

30.6M EUR

Turnover

21.03K EUR

P/E (adj.) (25e)

EV/EBIT (adj.) (25e)

P/B (25e)

EV/S (25e)

Dividend yield-% (25e)

Coverage

Recommendation

Accumulate

Target price

Updated

13.01.2026

Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 13.03.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar

5.3.

2026

Annual report '25

9.4.

2026

General meeting '26

27.4.

2026

Interim report Q1'26

Risk

Business risk

Valuation risk

Low

High

All

Research

Press releases

ShowingAll content types

Regulatory press release1/26/2026, 10:00 AM

Inside information: Wulff’s change negotiations have ended

Regulatory press release1/12/2026, 9:00 AM

Inside information: Wulff renews its Products for Work Environments organization in Finland

Regulatory press release10/20/2025, 6:30 AM

Wulff Group Plc's Interim Report January—September 2025: Wulff’s Q3: net sales and operating profit at record levels

Join Inderes community

Don't miss out - create an account and get all the possible benefits

FREE account

Stock market's most popular morning newsletter

Analyst comments and recommendations

Stock comparison tool

PREMIUM account

All company reports and content

Premium tools (e.g. insider transactions & stock screener)

Model portfolio

Regulatory press release10/9/2025, 2:00 PM

Wulff Group Executive Board strengthens: Sami Asikainen and Olli Lätti appointed as new members

Regulatory press release9/22/2025, 12:00 PM

Wulff Group Plc’s financial reporting and Annual General Meeting 2026

Regulatory press release9/4/2025, 6:30 AM

Lauri Sipponen becomes Chair of the Board of Directors of Wulff Group Plc after Kari Juutilainen resigns from the position due to disqualification reasons

Regulatory press release7/17/2025, 6:30 AM

Wulff Group Plc's Half-Year Financial Report January—June 2025: Wulff’s Q2 net sales highest in history and operating profit at a good level

Regulatory press release7/3/2025, 1:30 PM

Inside information: Wulff releases capital for business growth through the sale of its Espoo property

Regulatory press release5/22/2025, 1:30 PM

Wulff Group Plc: Manager Transaction – Lauri Sipponen

Regulatory press release4/28/2025, 6:30 AM

Wulff Group Plc's Interim Report January—March 2025: Wulff’s net sales increased – EBITDA at a good level

Regulatory press release4/3/2025, 11:00 AM

Decisions of Wulff Group Plc’s Annual General Meeting on April 3, 2025

Regulatory press release4/3/2025, 6:00 AM

Wulff updates its strategy and financial targets – growth one interaction at a time

Regulatory press release3/31/2025, 2:00 PM

Wulff's change negotiations have ended

Research3/13/2025, 8:33 AM by

Wulff: Efficiency improvements to boost earnings growth

Wulff announced that it is aiming for significant cost savings in its Products for the Workplace business by adapting its organizational structure and streamlining its operations. We have slightly raised our earnings estimates, albeit less than the company's target level, as we believe that some of the savings will be diluted by the segment's declining revenue and the resource needs of other growing businesses.

Regulatory press release3/12/2025, 9:00 AM

Wulff renews its organization in Finland

Regulatory press release3/5/2025, 12:00 PM

Notice to convene the Annual General Meeting of Wulff Group Plc

Regulatory press release3/5/2025, 7:30 AM

Wulff Group Plc's Annual Review, Financial Statements, Corporate Governance Statement and Remuneration Report 2024 published

Regulatory press release2/17/2025, 2:39 PM

Correction: Wulff Group Plc's Financial Statements Release January—December 2024: A year of growth for Wulff – net sales grew and operating profit remained at a good level

Regulatory press release2/17/2025, 7:30 AM

Wulff Group Plc's Financial Statements Release January—December 2024: A year of growth for Wulff – net sales grew and operating profit remained at a good level

Regulatory press release2/13/2025, 12:00 PM

Wulff acquires Convido Ab Oy – the position in the accounting services industry is strengthened

Forum discussions

This does suggest that development in the Products segment likely hasn’t been very strong toward the end of the year. It’s a shame if there is weakness in this area, because in the Products segment, minority interests do not take as large a share of the result as they do in the strongly...

1/12/2026, 10:57 AM

by Karhu Hylje

4

https://forum.inderes.com/t/eezy-sijoituskohteena-ent-vmp/105/555?u=karhu_hylje

1/15/2026, 9:28 AM

by Karhu Hylje

3

Wulffin workssiin liittyen:

1/30/2026, 7:20 AM

by Karhu Hylje

2

Continuing on the same path, and the recruitments are scaling up. World champion and former Leijonat (Lions) captain Lasse Kukkonen to accelerate growth in the Oulu region: sttinfo.fi Lasse Kukkonen lähtee mukaan Wulff Worksiin: uusi henkilöstöpalveluyhtiö... Pitkäaikaisena Leijonakapteeni...

1/19/2026, 12:56 PM

by Karhu Hylje

2

For the strategy period ending in 2030, revenue is projected at €80m, meaning growth is likely based largely on market tailwinds (baseline assumption) and no significant growth is otherwise expected. Of course, sales could fall short, and they could end up on the path of redundancy...

1/12/2026, 8:51 PM

by BareBone

2

sttinfo.fi Sisäpiiritieto: Wulffin Suomen Tuotteet työympäristöön -organisaatiota... Wulff käynnistää muutosneuvottelut Suomen Tuotteet työympäristöön -liiketoiminnassa osana sen strategista uudistumista. Henkilöjärjestelyjen tavoitteena on lisätä oman toiminnan tehokkuutta ja mahdollistaa...

1/12/2026, 9:03 AM

by Cadel

2

I’ve been mulling over the idea of what a potential merger between Wulff and Eezy would look like from a purely structural perspective. Not as speculation on whether this will happen, but rather whether there would be industrial logic behind such a move. Eezy on its own is a clear...

19 hours ago

by mutu_sijoittaja

1

Read more on our forum

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.