Key figures
MEUR 224.7
(116.5)
Turnover Q1-Q3 2022
(Q1-Q3 2021)
MEUR 23.2
(-7.6)
EBIT Q1-Q3 2022
(Q1-Q3 2021)
10.3%
(-6.5)
EBIT percentage Q1-Q3 2022
(Q1-Q3 2021)
MEUR 4.2 *
(-13.7)
Result for the period Q1-Q3 2022
(Q1-Q3 2021)
EUR 0.08 *
(-0.63)
Earnings per share Q1-Q3 2022
(Q1-Q3 2021)
MEUR 30.1
(1.5)
Operational EBITDA Q1-Q3 2022
(Q1-Q3 2021)
* Adjusted for a fair value impairment and sale of Eezy Plc shares.
EUR 000´s | 2021 | 2020 | 2019* | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
---|---|---|---|---|---|---|---|---|---|---|
Net sales | 186 069 | 156 771 | 272 820 | 323 158 | 185 856 | 130 072 | 113 618 | 86 653 | 65 033 | 60 773 |
Annual growth, % | 18.7 % | -42.5 % | 30.1 % | 73.9 % | 42.9 % | 14.5 % | 31.3 % | 33.2 % | 7.0 % | 28.5 % |
EBITDA** | - | - | - | 28 410 | 22 404 | 19 399 | 16 536 | 12 008 | 9 146 | 9 939t |
EBITDA-%** | - | - | - | 8.8 % | 12.1 % | 14.9 % | 14.6 % | 13.9 % | 14.1 % | 16.4 % |
EBIT | -898 | -23 880 | 30 551 | 7 190 | 10 767 | 8 998 | 7 266 | 5 265 | 4 051 | 5 719 |
EBIT-% | -0.5 % | -15.2 % | 11.2% | 2.2 % | 5.8 % | 6.9 % | 6.4 % | 6.1 % | 6.2 % | 9.4 % |
Net profit | -10 338 | -29 469 | 46 128 | 4 231 | 5 492 | 5 864 | 4 809 | 3 334 | 2 908 | 3 788 |
Shareholders of the parent | -10 635 | -26 825 | 22 300 | 3 494 | 5 058 | 5 608 | 5 050 | 3 451 | 2 565 | 3 076 |
Non-controlling interests | 298 | -2 644 | 1 547 | 737 | 434 | 256 | -241 | -117t | 344 | 712 |
Interest-bearing net liabilities excluding IFRS 16 impact, EUR | 151 916 | 163 431 | 105 391 | |||||||
Gearing ratio excluding IFRS 16 impact, % | 203.1 % | 192.0 % | 75.9 % | |||||||
Interest-bearing net debt | 320 877 | 316 621 | 266 691 | 138 500 | 43 649 | 30 377 | 29 313 | 18 944 | 6 184 | 5 982 |
Net gearing | 462.4 % | 391.0 % | 194.6 % | 184.3 % | 93.1 %t | 69.1 %t | 73.2 %t | 48.1 %t | 21.9 %t | 43.8 % |
Equity ratio | 15.1 % | 18.1 % | 29.1 % | 24.6 % | 35.3 %t | 45.2 %t | 44.4 %t | 47.2 %t | 60.9 %t | 38.1 %t |
Main operating metrics | 2021 | 2020 | 2019* | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
---|---|---|---|---|---|---|---|---|---|---|
Materials margin-% | 74.4 % | 72.0 % | 74.3 % | 73.9 % | * | * | * | 74.0 % | 73.9 % | 74.3 % |
Personnel expenses-%
(incl. external services) |
36.0 % | 38.0 % | 30.5 % | * | * | * | * | 29.6 % | 30.1 % | 29.6 % |
ROIC-% | 0.0 % | -5.9 % | 8.4 % | 5.2 % | 10.7 % | 11.9 % | 10.8 % | 10.5 % | 10.7 % | 24.2 % |
No. restaurants, net change | 21 | 7 | 10 | 69 | 20 | 9 | 11 | 32 | 0 | 10 |
*The figures stated below according to the new segment structure. Starting from September 2019, the Group only has one segment: the restaurant business. |
---|
**The company has given up commenting on EBITDA. |
Restaurant business (EUR thousand) |
2021 | 2020 | 2019* | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|
Turnover | 186 069 | 156 771 | 272 912 | 209 725 | 122 174 | 107 544 | 100 315 | 83 666t |
EBITDA** | - | - | - | 19 643 | 16 325 | 16 475 | 14 801 | 11 444 |
EBITDA, %** | - | - | - | 9.4 % | 13.4 % | 15.3 % | 14.8 % | 13.7 % |
Operating profit | -898 | -24 488 | 18 389 | 2 206 | 6 920 | 7 401 | 6 492 | 4 957 |
Operating profit, % | -0.5 % | -15.6 % | 6.7 % | 1.1 % | 5.7 %t | 6.9 %t | 6.5 %t | 5.9 %t |
Key figures | ||||||||
Material margin, % | 74.4 % | 72.0 % | 74.3 % | 73.9 % | 74.1 % | 74.6 % | 74.3 % | 74.0 % |
Staff expenses, % | 36.0 % | 38.0 % | 30.5 % | 32.1 % | 28.0 %t | 28.1 %t | 28.5 %t | 29.6 %t |
Labour hire business (EUR thousand) |
2019* | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|
Turnover | - | 127 090 | 75 612t | 34 129t | 24 151t | 6 833t |
EBITDA | - | 8 753 | 6 603t | 3 441t | 2 161t | 696 |
EBITDA, % | - | 6.9 % | 8.7 %t | 10.1 %t | 8.9 %t | 10.2 %t |
Operating profit | - | 4 970 | 3 834t | 1 597t | 775 | 308 |
Operating profit, % | - | 3.9 % | 5.1 %t | 4.7 %t | 3.2 %t | 4.5 %t |
Key figures | ||||||
Staff expenses, % | - | 82.4 % | 83.7 %t | 85.5 %t | 85.2 %t | 84.0 %t |
*Description of accounting principles
• The Group’s labour hire business ended on 23 August 2019, when the subsidiary Smile Henkilöstöpalvelut Oyj was merged with VMP Plc and the combined company Eezy Plc became an associated company of the Group. Starting from September 2019, the Group only has one segment: the restaurant business.
• The labour hire segment is treated as a discontinued operation and a separate item in the income statement. Comparative information has been adjusted accordingly. For more detailed information, see Interim Report 2020, Note 3.
• Due to the labour hire business transaction, the Group started to present alternative performance measures that improve comparability. It is believed that these alternative performance measures improve the understanding prevailing on the market regarding the development and financial situation of the restaurant business. The most significant item added to the comparable result is the Group’s internal staffing service purchases that took place before the transaction. In the future, these will be presented as outsourced services. The calculation principles of the key figures that improve comparability are presented in more detail in Interim Report 2020, Note 3.
• In the Interim Report 2020, the Group’s continuing and discontinued operations as well as the comparable continuing operations of the restaurant business are presented separately.
• NoHo Partners adopted the IFRS 16 Leases standard as of 1 January 2019. The figures of the reference period 2018 have not been adjusted. More information about the application of the IFRS 16 standard and other significant interim report accounting principles can be found in the notes to the Interim Report 2020.
• Unless otherwise stated, figures in parentheses refer to the corresponding period last year.