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
  createdAt
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
    forum {
      threadUrl
    }
    defaultInstrument {
      symbol
      id
    }
  }
  ...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 {
        threadUrl
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        symbol
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
      researchContent {
        title
        lang
        pdfUrl
        relatedContent {
          __typename
          ...PublishingDetails
          ...Reactions
          id
        }
        content {
          title
          lang
          htmlBody
          publishedAt
          createdAt
          changedAt
          isOutdated
          isPremium
        }
      }
    }
    ... 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
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
}

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
    }
  }
}


etteplan-soft-q1-ebit-guidance-narrowed-at-top-end-evli

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Etteplan operates in the industrial sector. The company offers consulting and installation services for industrial machinery and related systems. Examples of solutions include system development, automated solutions, technical documentation services and risk and control systems. Customers are found in various industries on a global level, especially in the automotive, aerospace and defense industries. The head office is located in Vantaa.

Alongside the extensive report, a video with @Roni_Peuranheimo was also filmed!  In the video, I tried to ask whether there’s any turning back to the success of past years or how much of the weakness can be blamed on the difficult cycle. On the other hand, we have seen lively developments in the Finnish economy, and if and when this starts to show in investment activity at some point, would it then be better to be on board with Etteplan than sitting in the stands? Of course, we will probably have to weather a profit warning during the end of the year first. Let’s stay tuned to see if one comes and, if so, how severe it will be.   Historical track record of profitable growth and value creation for shareholders has begun to fade into oblivion in recent years as a difficult cycle has battered Etteplan. Neither have multiple profit warnings improved investors’ perception of the company. Analyst Roni Peuranheimo discusses what conditions Etteplan has to adapt to a market changing with artificial intelligence and to return to historical profitability levels. Topics:\n(00:00) Introduction\n(00:14) Are Etteplan’s best years behind it?\n(03:51) Is AI a threat or an opportunity?\n(06:46) Competition against global giants\n(08:51) Is there a return to historical profitability levels?\n(10:49) Short-term risks keep us cautious

Roni has written a comprehensive report on Etteplan, which is available for everyone to read.   Etteplan has difficult years behind it. Now there are signs of improvement in the demand outlook, even though the situation remains challenging in certain customer industries. In the short term, we still see a risk of a profit warning if demand has not started to recover briskly after the summer. The valuation is moderate, but the slope of earnings growth and short-term risks keep us on the sidelines for now. We are revising our target price to 8.5 euros (prev. 8.0 euros) following minor positive forecast revisions, but we reiterate our reduce recommendation.                    Inderes – 4 Sep 26              Etteplan laaja raportti: Teknologiamurros alla, syklin käänne edessä - Inderes    Kysyntänäkymässä on merkkejä paremmasta, vaikka tietyillä asiakastoimialoilla tilanne on vielä hankala.                             Quoted from the report:  Despite Etteplan’s challenges in recent years, its medium-term earnings growth potential is quite good. However, this is backed by a quite low starting level of earnings, as both revenue has declined clearly organically in recent years and profitability is at a subdued level. Nevertheless, the realization of earnings growth requires a change in the demand environment from the exceptionally difficult environment of recent years. In our view, however, forecast risks remain elevated. Based on our forecasts, earnings per share will grow at an average pace of about 7% per year in 2026–2029 (starting level 2025). For 2027–2029, our forecasts expect an annual growth of 12% (starting level 2026).

Here is Roni’s company report on Etteplan following their Q2 results   Etteplan’s Q2 figures fell short of our forecasts, as the continued decline in revenue also led to weak profitability development. The company lowered the upper end of its guidance for the second half of the year, but in our view, even the lower bound of the updated range requires a very strong end to the year. There are visible signs of improvement in demand, and the trend was upward in Q2. However, for the guidance to be achievable, this improving trend must continue smoothly in our view. Driven by slightly improving prospects, we raise our target price to 8.00 euros (prev. 7.50 euros), but given the clear profit warning risk and a neutral valuation relative to this, we reiterate our reduce recommendation.                    Inderes – 6 Aug 26              Etteplan Q2'26: Vaisu neljännes, mutta merkkejä paremmasta - Inderes    Etteplanin Q2-luvut jäivät ennusteistamme, kun liikevaihdon laskun jatkuminen johti myös vaisuun kannattavuuskehitykseen.

Roni interviewed Etteplan’s CEO Juha Näkki following the Q2 release     ETTEPLAN OYJ Half-year financial report August 5, 2026, at 1:00 p.m. ETTEPLAN Q2 2026: First signs of a pick-up in demand amid uncertainty Key points April–June 2026  Revenue of the Group decreased by 2.7 percent and was EUR 88.9 (4–6/2025: 91.4) million. At comparable exchange rates, revenue decreased by 3.2 percent. Operating profit (EBITA) decreased by 9.0 percent and was EUR 5.5 (6.0) million, or 6.1 (6.6) percent of revenue. Operating profit (EBIT) decreased by 4.4 percent and was EUR 4.2 (4.4) million, or 4.7 (4.8) percent of revenue. The combined effect of non-recurring items on operating profit (EBITA) and operating profit (EBIT) in April–June was EUR -0.3 (-0.9) million. Operating cash flow was EUR 3.7 (6.9) million. Earnings per share (undiluted) were EUR 0.10 (0.10). The share of revenue from AI-based service solutions developed by Etteplan was 6 (4) percent during the quarter.  Key points January–June 2026  Revenue of the Group decreased by 3.7 percent and was EUR 179.4 (1–6/2025: 186.3) million. At comparable exchange rates, revenue decreased by 4.3 percent. Operating profit (EBITA) decreased by 22.3 percent and was EUR 9.2 (11.8) million, or 5.1 (6.3) percent of revenue. Operating profit (EBIT) decreased by 25.5 percent and was EUR 6.4 (8.5) million, or 3.5 (4.6) percent of revenue. The combined effect of non-recurring items on operating profit (EBITA) and operating profit (EBIT) in January–June was EUR -1.0 (-2.3) million. Operating cash flow was EUR 7.8 (12.0) million. Earnings per share (undiluted) were EUR 0.14 (0.19). The share of revenue from AI-based service solutions developed by Etteplan was 6 (4) percent during the first half of the year.                     Inderes              ETTEPLAN Q2 2026: Kysynnässä ensimmäisiä piristymisen merkkejä epävarmuuden...    ETTEPLAN OYJ Puolivuosikatsaus 5.8.2026 klo 13.00ETTEPLAN Q2 2026: Kysynnässä ensimmäisiä piristymisen merkkejä epävarmuuden keskelläAvainasiat huhti-kesäkuussa 2026 Konsernin liikevaihto laski...                             Here are also Robo’s comments:                   Inderes – 5 Aug 26              Robokommentti Etteplanin Q2-tuloksesta - Inderes    Etteplanin Q2-tulos jäi odotuksistamme sekä liikevaihdon että kannattavuuden osalta. Kysyntä pysyi odotettua vaikeampana erityisesti autoteollisuudessa, ja volyymien lasku painoi käyttöasteita ja sitä kautta kannattavuutta. Yhtiö tarkensi koko vuoden...

A rather challenging end of the year ahead. Full-year guidance based on averages.

Here are Ronin’s pre-report comments ahead of Etteplan’s earnings release on Wednesday.   The beginning of the year was exceptionally difficult for the company, as geopolitical uncertainties froze customer decision-making. We expect the demand situation in Q2 to have been better than in the beginning of the year, though it remained challenging and revenue likely declined slightly year-over-year. In terms of earnings, we expect the quarter to have been significantly better than the start of the year, which is also required by the guidance. However, we see a clear risk to the full-year guidance, considering the significant lag created after the start of the year. The most interesting aspect of the report will be the demand outlook for the remainder of the year and the sustainability of the guidance. With the Finnish economy picking up, we see the possibility that the outlook is improving, even though the geopolitical uncertainties that previously overshadowed the outlook are still present.                    Inderes – 3 Aug 26              Etteplan Q2'26 -ennakko: Alkuvuodesta on pakko parantaa - Inderes    Odotamme tulostason olleen alkuvuotta parempi.

Here are Roni’s comments regarding the recent announcement.   Etteplan announced that it is significantly deepening its long-term engineering cooperation with Patria and establishing a new center of excellence focused on the defense industry. Naturally, we view the news as positive for the company, even though the strong momentum in the defense sector—one of the few industries with a robust demand outlook—was already known. The significance of the defense sector in the company’s business is still limited, but it has been growing in recent years.                    Inderes – 12 Jun 26              Etteplan syventää yhteistyötään Patrian kanssa puolustusteollisuudessa - Inderes    Pitkäikäistä yhteistyötä syvennetään merkittävästi.

Etteplan

Etteplan's Q1 was clearly softer than expected, with all three service areas missing our EBITA estimates. The company narrowed its 2026 EBIT guidance at the upper end.

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Etteplan: Soft Q1, EBIT guidance narrowed at top end - Evli

Etteplan: Soft Q1, EBIT guidance narrowed at top end - Evli