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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. 

  1. Investors

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. 

Why invest in NoHo Partners?

  • 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 

  • 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 

  • 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 

  • 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 

Key figures 2024

427

Turnover, MEUR

41.5

EBIT, MEUR

9.7

EBIT margin, %

0.46

Dividend, EUR

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.