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
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

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
    }
  }
}


restamax-warmer-winds-expected-for-summer-season-nordea

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

NoHo Partners is a Finnish group specialized in services within the restaurant industry. The group operates a number of restaurants in Finland, Denmark, Norway and other parts of Europe. The company's restaurant concepts include, among others. Elit, Savoy, Teatteri, Sea Horse, Stefans Steakhouse, Palace, Löyly, Hangö Sushi, Friends &amp; Brgrs Cock's &amp; Cows and Holy Cow! . The company was founded in 1996.

@henrielo has conducted an analysis of NoHo.   Seasonally, the first quarter is the smallest in terms of sales in the restaurant industry. Nevertheless, the company has managed to advance its profitability measures in Norway. The result there was positive, whereas it was loss-making in the third quarter of last year before the Christmas season. According to management, the second quarter has started significantly better than the previous year in all markets, namely Finland, Denmark, and Norway.  Subheadings:  Cold winter took its toll – the sun rose in March Growth in Finland comes from food restaurants Denmark grows fueled by acquisitions BBS is progressing at a good pace NoHo’s share price performance holds up against peers Summary  Note: IR-seuranta (IR Monitoring) is a channel by SalkunRakentaja and Sijoittaja.fi’s corporate partners for background and analytical articles, as well as other interesting investor information. The article is part of a commercial collaboration with the company. The article does not contain investment recommendations.                   SalkunRakentaja – 8 May 26              Analyysi: NoHo pilotoi uudenlaista kasvua Suomessa ja Tanskassa    NoHo Partnersin johto on tuloshakuinen. Kasvussa haetaan uutta: yhtiö antaa joitakin brändejään franchise-käyttöön.

A few facts for everyone, though I’m not defending NoHo in any way… Niemi = Mika Niemi’s wife. She has always sold off shares whenever she received them in the past from the Rengasravintolat Oy deal. Hanna has likely used the funds to finance her other projects, but I won’t go into more detail on that… Mika himself hasn’t sold any, right? Laine sold in Q3/2025: Laine himself hasn’t seemed to ever sell shares. In this case, it involves Megeve Trust Oy, where Timo is a shareholder. Regarding Timo’s 17.7k share purchase: The transaction was carried out in connection with life insurance. If I recall correctly, Timo has often bought shares sold by other insiders himself. Timo has over 40 million tied up in NoHo and owns approximately 26% of the company.

Well, now we finally got those much-anticipated insider buys, as a new board member took a substantial initial position:                   Inderes              NoHo Partners Oyj: Johdon liiketoimet (Kaario) - Inderes    NoHo Partners Oyj | Johdon liiketoimet | 8.5.2026 klo 11:45Noho Partners Oyj - Johdon liiketoimet (Kaario) ____________________________________________Ilmoitusvelvollinen Nimi: Mammu Kaario ...

I briefly went through NoHo’s insider trades by quarter in relation to reports and market reactions. The list is formatted a bit awkwardly; you essentially have to read it from the bottom up, as the transactions made before the report are listed below it. These are categorized by the insider, even if the actual transaction might have been executed by another party: NoHo Insider Trades: Q1/26 Soft – positive reaction after a drop in share price -Niemi sold 5k Q4/25 – In line with expectations/dividend cut – negative reaction -Niemi sold 10k Q3/25 – Earnings miss – Norway’s issues worse than expected, significant drop in share price -Laine sold 10k  -Niemi did not sell Q2/25 – Soft quarter – first signs of problems in Norway – slight drop in share price -Niemi sold 6k Q1/25 – Slightly below expectations – slight drop in share price -Niemi sold 5k Q4/24 – Earnings beat (tulosjytky) – share price up -Laine bought 0.12k -Virlander bought 6.7k -Niemi did not sell Q3/24 Result slightly better than expected and good booking situation – share price eventually trended up -Koivula bought 21k -Virlander bought 0.7k -Laine bought 17.7k -Niemi did not sell Q2/24 Missed expectations and cautious outlook – drop in share price -Niemi sold 7k Q1/24 In line with expectations and optimism in market comments – share price increase -Niemi sold 5.9k -Laine bought 1.9k In summary, I would say Laine is such a skilled trader that I could let him manage my own portfolio. He managed to time both of his buys right before two positive earnings surprises and his sale right before a major earnings miss and the problems in Norway. Niemi, on the other hand, managed to avoid selling right before those two positive earnings surprises, but also failed to sell before the major earnings miss. Virlander and Koivula also timed their purchases well before a couple of good reports.

Weather is Noho’s version of geopolitics, currency headwinds, and tariffs. When things are going well, there’s no need to blame the weather.

I can’t say for sure about the maps, but I’d imagine that message to NoHo’s management came from Denmark based on practical experience, rather than being made up at an office in central Helsinki  I haven’t looked at the weather diagrams now, but at least looking out the window and being outside, spring has looked good. If Q2 is strong, is it a red flag if NoHo’s management justifies a potentially good result with the weather? In other words, is talking about the weather always a big RED FLAG?

NoHo, like other companies and amateur meteorologists, likely compares its weather observations and sales to corresponding periods in the previous year, month, or week. Long time series and statistical significance are probably more accurate starting points if we are talking about weather alone. I see that both NoHo’s weather explanation and the statistics could tell different stories, yet both could be true at the same time.

NoHo Partners

NoHo Partners' Q1 results fell below Vara Research consensus, mainly owing to the prevailing challenging market environment in Norway, while the Finnish and Danish operations continued their...

NoHo Partners' Q1 results fell below Vara Research consensus, mainly owing to the prevailing challenging market environment in Norway, while the Finnish and Danish operations continued their good performance. We continue to see a solid outlook ahead, owing to the company's aim to restore Norway's profitability by H2, synergy benefits from recent acquisitions starting to realise and our expectation of better weather conditions supporting the important summer season. With our slightly reduced estimates, we derive a somewhat lower fair value range of EUR 8.8-11.4 (9.4-12.0) by equally weighing our DCF- and SOTP-based valuation methods.