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NoHo increases its guidance for EBIT margin of the restaurant business in 2022. The company now expect EBIT margin to exceed 8% (earlier: around 7%), supported by better-than-anticipated earnings development in the spring and early summer and compensation decisions confirmed by Finnish, Norwegian and Danish governments for H1. Top line guidance remains intact at around EUR 300m. Post-Q1 Infront consensus has been anticipating EUR 301m sales and 7.5% EBIT margin for 2022E and hence we expect around 6-8% positive consensus revisions. We have been in line with consensus on top line for 2022E, while we have been 5% ahead on EBIT. NoHo will release sales figures for June on week 28 and Q2 report on 9 August.

Lähde: Finwire News

Noho Partners Oyj on vuonna 1996 perustettu suomalainen ravintola-alan palveluihin erikoistunut konserni. Vuonna 2013 Noho Partners oli ensimmäisenä suomalaisena ravintolatoimijana NASDAQ Helsinkiin listautunut pörssiyhtiö. Konsernilla on ravintoloita Suomessa, Tanskassa ja Norjassa. Yhtiön tunnettuja ravintolakonsepteja ovat mm. Elite, Savoy, Teatteri, Yes Yes Yes, Stefan’s Steakhouse, Palace, Löyly, Hanko Sushi ja Cock's & Cows.