contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    pageUrl
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
  ... on Webcast {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


toivo-group-oyj-share-repurchase-between-2552026-2952026

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Toivo Group operates in the real estate industry. The company develops and manages a wide range of property portfolios. The vision is to own the properties in the long term with a focus on management and further development, where renovation and reconstruction account for the majority of the business. In addition to the main business, support and technical maintenance are offered. The largest share of the real estate investments is found in the Nordic market.

Frans has published a new equity research report on Toivo following the Q1 results  We reiterate our Accumulate recommendation for Toivo Group and our target price of EUR 1.20. The Q1’26 result fell slightly short of our forecasts due to a one-off post-completion cost for an already finished project. On a positive note, the company’s project profitability was otherwise better than we expected. As anticipated, the company reiterated its guidance, and we lowered our earnings forecasts only slightly. The recovery of the housing market remains slow, and the elevated interest rate level especially overshadows the demand outlook for the housing sector. However, strong news flow, realized volume growth, good project profitability, and an improved competitive position have increased our confidence in the company. We see the valuation as more attractive after the share price decline, supported by a low balance-sheet-based (Q1’26: P/NAV 0.91x) and earnings-based valuation (2025 P/E 13x).                   Inderes              Toivo Group Q1'26: Tarina etenee epävarmuudesta huolimatta - Inderes    Q1'26-tulos jäi hieman ennusteistamme kertaluonteisen jo valmistuneen kohteen jälkikustannuksen myötä. Positiivisesti yhtiön hankekannattavuus oli muuten odotuksiamme parempi. Yhtiö toisti odotetusti ohjeistuksensa, ja laskimme tulosennusteitamme...

Frans spoke with Toivo’s CEO Markus Myllymäki regarding the company’s Q1    Topics: 00:00 Introduction  00:21 Development during the beginning of the year  01:18 Project profitability and the one-off negative development gain  02:52 The three-way business split  05:46 Construction contract with VAV Group  08:07 Projects in progress  09:56 Status of the Sompasaari project  12:11 Observations on the operating environment  13:55 Outlook regarding project start-ups

Here are Frans’s comments on Toivo’s Q1 result.  Toivo Group’s seasonally weaker Q1 report, published this morning, fell slightly short of our expectations regarding both revenue and earnings, but project profitability was positively better than we expected. Revenue grew slightly from the comparison period but remained below our forecast. Earnings declined as expected from the strong level of the comparison period, but the reason behind the lower-than-expected earnings was primarily the negative development gain related to investment properties. As expected, the company reiterated its full-year guidance and commented that new project starts are expected to be weighted toward the second half of the year, which is in line with our forecasts. According to our preliminary assessment, the impact of the report on our forecasts is fairly neutral.                   Inderes – 6 May 26              Toivo Group Q1'26 -pikakommentti: Hieman odotuksiamme pehmeämpi tulostaso,...    Tulos jäi ennusteestamme sijoituskiinteistöihin liittyvän negatiivisen kehitysvoiton takia, mutta tehtyjä hankkeiden kannattavuus oli hyvällä tasolla.

Didn’t quite hit the mark compared to forecasts. Perhaps it’s just a matter of projects being recognized as revenue later?                   Inderes – 6 May 26              Robokommentti Toivo Groupin Q1-tuloksesta - Inderes    Toivon Q1-tulos jäi odotuksistamme sekä liikevaihdon että liikevoiton osalta. Liikevaihto kasvoi vertailukaudesta vain maltillisesti hankkeiden tuloutusajoituksen painottuessa loppuvuoteen, ja liikevoittoa painoivat vertailukautta pienemmät käyvän...                             One observation regarding the interim report:   I wonder what the status of this matter is?   The text is exactly the same as in the Q1 2025 report, and I couldn’t immediately find the same section or mention of the matter in other reports. This has likely been left in by mistake when copying the Q1 2025 interim report template to create the Q1 2026 report, or are they still preparing a response?

Here are Frans’s preview comments as Toivo releases its Q1 report on Wednesday, May 6  We forecast Toivo’s Q1 revenue to grow clearly as the focus of projects shifts to off-balance sheet projects, but taking balance sheet investments into account, we estimate business volume will decrease slightly from the comparison period. We expect adjusted operating profit to fall to EUR 1.2 million in a seasonally weak quarter (Q1’25: EUR 2.0 million), but we estimate the quality of the result has improved from the comparison period thanks to the smaller role of changes in fair values. The company’s project backlog and the continued positive news flow provide support for our 2026–2027 forecasts, although the new housing market in the Helsinki metropolitan area remains difficult as a whole. In the report, we are particularly interested in the company’s comments on the war in Iran and the interest rate hikes seen recently                   Inderes – 30 Apr 26              Toivo Group Q1'26 -ennakko: Odotuksissa viime vuotta pienempi, mutta...    Yhtiön uutisvirta on pysynyt hyvänä ja raportissa haarukoimme ennen kaikkea jälleen lähivuosien tuloskasvuedellytyksiä

Quite a nice care home deal of just under EUR 9 million in Joensuu with Norlandia Hoiva. Construction has just started, and the goal is to be completed in summer 2027. Previously, Toivo has built a couple of daycare centers for Norlandia, and it’s a good sign that they are also trusted to build care homes.                   Inderes              Toivo Group Oyj on allekirjoittanut kauppakirjan Joensuuhun rakennettavasta...    Lehdistötiedote, 23.4.2026 kello 12:00Havainnekuva: Vaaka-ARK Oy Toivo Group Oyj (”Yhtiö tai ”Toivo”) on allekirjoittanut kauppakirjan Norlandia Hoivan kanssa Joensuuhun Penttilän alueelle rakentuvast...

Here are Frans’s comments on Toivo signing a 17 million euro deal in Vantaa  Toivo Group announced on Thursday that it has signed a turnkey (KVR) construction contract of approximately EUR 17 million with VAV Yhtymä Oy for the implementation of a residential apartment building project in Aviapolis, Vantaa. The contract is a new opening, as it is the first pure contracting project in the company’s history. In our view, the project supports Toivo’s 2026 revenue forecast (EUR 77.8 million) well, but it does not cause immediate changes to our forecasts. In terms of profitability, contracting is clearly lower than the company’s target project margin of 15%, but it ties up very little capital.                   Inderes – 17 Apr 26              Toivo allekirjoitti 17 MEUR:n urakkasopimuksen Vantaalle - Inderes    Kyseessä on yhtiön historian ensimmäinen puhdas urakkasopimus.

Toivo Group

Toivo Group Oyj: Share repurchase between 25.5.2026 - 29.5.2026Helsinki Stock ExchangeDateAmount sharesAverage price / shareTotal cost25.05.20262 3770.9675 EUR2 299.86 EUR26.05.20262 1920.9715...

<p>Toivo Group Oyj: Share repurchase between 25.5.2026 - 29.5.2026</p><p>Helsinki Stock Exchange</p><table><tbody><tr><td>Date</td><td align="right">Amount shares</td><td align="right">Average price / share</td><td align="right">Total cost</td></tr><tr><td>25.05.2026</td><td align="right">2 377</td><td align="right">0.9675 EUR</td><td align="right">2 299.86 EUR</td></tr><tr><td>26.05.2026</td><td align="right">2 192</td><td align="right">0.9715 EUR</td><td align="right">2 129.56 EUR</td></tr><tr><td>27.05.2026</td><td align="right">1 701</td><td align="right">0.9542 EUR</td><td align="right">1 623.12 EUR</td></tr><tr><td>28.05.2026</td><td align="right">1 667</td><td align="right">0.9362 EUR</td><td align="right">1 560.59 EUR</td></tr><tr><td>29.05.2026</td><td align="right">1 749</td><td align="right">0.9628 EUR</td><td align="right">1 683.85 EUR</td></tr><tr><td>Total</td><td align="right">9 686</td><td align="right">0.9598 EUR</td><td align="right">9 296.98 EUR</td></tr></tbody></table><p><br>Following shares repurchased on 29.05.2026<br>the Company now holds 305 142 shares.</p><p>On behalf of Toivo Group Oyj<br><br>Lago Kapital Ltd<br><br>Maj van Dijk Jani Koskell</p><p><strong>Further information</strong></p><p>Markus Myllymäki</p><p>CEO</p><p>Toivo Group Plc</p><p>Tel. +358 (0)40 847 6206</p><p>markus.myllymaki@toivo.fi</p><p>Information about Toivo</p><p>Toivo is a Finnish real estate company founded in 2015, specializing in residential and social infrastructure properties. The company’s business model is unique as it integrates the entire real estate value chain—from property development and construction to ownership, management, leasing, and sales of completed properties. Toivo’s in-house team manages the full lifecycle of a property, from raw land acquisition to lease negotiations and property maintenance.</p><p>Toivo’s strategy is to develop clear and efficient properties&nbsp;with strong development margins, stable and attractive returns, and excellent locations. This enables the company to deliver maximum added value to its customers, owners, and stakeholders. Toivo is backed by a skilled and experienced team of professionals with strong credentials in the real estate sector. The team members have collectively been involved in the development and construction of over 17,000 apartments and have an average of ten years of experience in the industry.</p><p>In 2025, Toivo’s revenue was EUR 61.7 million and operating profit EUR 8.0 million</p>      <div>        <hr>        <div><strong>Attachments</strong></div>        <div><a href="https://storage.googleapis.com/inderes-widgets-prod-assets/toivo/attachments/af56dadd-b49b-45fd-8ad0-89e7fbc5ef11/toivo-sbb-trades-20260525-20260529.xlsx">TOIVO_SBB_trades_20260525_20260529.xlsx</a></div>      </div>

Date	Amount shares	Average price / share	Total cost
25.05.2026	2 377	0.9675 EUR	2 299.86 EUR
26.05.2026	2 192	0.9715 EUR	2 129.56 EUR
27.05.2026	1 701	0.9542 EUR	1 623.12 EUR
28.05.2026	1 667	0.9362 EUR	1 560.59 EUR
29.05.2026	1 749	0.9628 EUR	1 683.85 EUR
Total	9 686	0.9598 EUR	9 296.98 EUR