NoHo Partners as an investment We are one of the leading restaurant groups in the Nordics, and our portfolio includes approximately 250 restaurants and selected other investments that support the restaurant industry. Investors NoHo Partners as an investment Investors Investors NoHo Partners as an investment Strategy Operating model Market environment CEO’s Review Profit guidanceReports and Presentations Other MaterialsShare information Major shareholders Management ownership Dividend Flagging notifications Consensus estimates Analysts Managers’ transactionsFinancial information Long-term financial targets Risks and uncertainties IFRS 16 liabilities Calculation FormulasCorporate Governance Annual General Meeting Board of Directors Board Committees Board authorisations CEO Executive Team Remuneration Risk Management Insider Administration Audit Articles of Association Code of ConductInvestor calendar and events Capital Markets Day 2024Investor services Disclosure Policy Strong restaurant portfolio and unique profitability level within the industry We promote and enrich the Northern European restaurant market with our strong local brands. In Finland, our operations are divided into three business areas: restaurants, entertainment venues and event venues. Internationally, we create shareholder value as an active owner in restaurant companies in Norway, Denmark and Switzerland. In Finland, we want to grow our business organically and through acquisitions. In our international operations, the aim is primarily to expand our restaurant operations in Norway and Denmark together with competent partners and to make selected investments in other restaurant sector companies that offer synergy benefits. We organised a Capital Market Day on 22 may 2024 Why invest in NoHo Partners? We have been a growth company throughout our entire history, and we will continue to be one in the future NoHo Partners’ compound annual growth rate throughout history has been approximately 30% Growth is in the DNA of NoHo Partners – the company’s owners, management and key personnel live and breathe growth with decades of experience and are also significant shareholders in the company We want to grow both in Finland and internationally going forward The restaurant industry is the fastest growing retail segment in Europe, and restaurants have also become part of the everyday life of Finns, which supports our ambitious growth targets The growth of the restaurant market is driven by trends, such as urbanisation, generational change, change in consumer behaviour and the introduction of restaurant food as part of eating at home Read more about the history of NoHo Partners We are the most profitable company in the industry in Finland, and succeed also in seasonal and economic fluctuations The profitability of our business has risen permanently to the level of approximately 10%, which is exceptionally high for the industry As an industry leader, we are able to utilise significant economies of scale and synergies for example in procurement and sales Operational excellence combined with data-based operational control ensures that the staffing of our restaurants is always at the level required by demand Diverse restaurant portfolio combining local brands and concepts helps us to succeed even during seasonal and economic fluctuations Read more about NoHo Partners’ business We have the best expertise and experience in restaurant industry acquisitions in Finland, and we have also a proven track record in acquisitions of businesses that support the industry Our team’s experience of acquisitions in the industry is unique – we have completed the highest number of restaurant acquisitions in Finland We identify potential investments and carefully assess their profitability and the feasibility of the business idea With regard to acquisitions, the company also uses a partner model that creates a decisive competitive advantage by combining the entrepreneurial culture and unique customer experience created by restaurateurs with the economies of scale and expertise offered by a leading restaurant operator We do not only invest in restaurant operations, but we also have a long and successful history of acquisitions that support the industry The value of the investments increases while we benefit from the synergies of the investment Read more about NoHo Partners’ OPERATING model Our target is to continue to pay increasing dividends in the future Ever since our listing, we have paid an increasing dividend, with the exception of the coronavirus pandemic years 2020–2022, when our business operations were significantly restricted by decisions by the authorities Our strong cash flow facilitates future growth investments and increasing dividend payments Read more about NoHo Partners’ dividends and dividend policy Key figures 2024 427 427 Turnover, MEUR 41.5 41.5 EBIT, MEUR 9.7 9.7 EBIT margin, % 0.46 0.46 Dividend, EUR 2.4 2.4 Net debt ratio* *Ratio of net debt to operational EBITDA adjusted for IFRS 16 lease liability Read more about NoHo Partners’ targets, strategy and market environment. Long-term financial targets Strategy Market environment