Talenom PLC
(FRA:KZ7)
€
3.15
0 (0%)
Market Cap: 149.40 Mil
Enterprise Value: 150.55 Mil
PE Ratio: 25.26
PB Ratio: 2.87
GF Score: 84/100 Half Year 2024 Talenom Oyj Earnings Call Transcript
Jul 19, 2024 / 09:00AM GMT
Release Date Price:
€5.01
(+6.14%)
Key Points
Positve
- Talenom PLC (OHEL:TNOM) achieved a 7% increase in revenue, despite a slowdown in growth due to reduced acquisition activity and economic downturns in the Nordics.
- Profitability improved through efficiency measures in Finland and increased business volume in Spain.
- The company is focusing on organic growth, with over 30% of revenue now coming from outside Finland.
- Talenom PLC (OHEL:TNOM) has a strong track record of digital transformation, which has significantly improved their EBIT margin over the years.
- The upcoming mandatory e-invoicing in Spain is expected to positively impact Talenom PLC (OHEL:TNOM)'s business, leveraging their unique software solutions.
Negative
- Growth slowed down due to lower acquisition activity and economic downturns in Finland and Sweden.
- The economic downturn in Finland led to a decline in net sales by 1.7% for the full period and 3.6% in the last quarter.
- Sweden's profitability was negatively impacted by ongoing integration projects and the implementation of Talenom's own software.
- The company's EBITDA margin in Sweden is significantly lower compared to Finland, indicating room for improvement.
- The focus on long-term profitability in Sweden has resulted in short-term profitability pressures.
Otto;Pekka Huhtala
Talenom Oyj - Chief Executive Officer, Member of the Executive Board
Hi there you are welcome to latest reports from H1 this year. My name is Otto-Pekka Huhtala. I'm a CEO of Talenom and here its Matti Eilonen.
Matti Eilonen
Talenom Oyj - Chief Financial Officer, Member of the Executive Board
Hello, everybody. My name is Matti Eilonen, and I'm the CFO of Talenom.
Otto;Pekka Huhtala
Talenom Oyj - Chief Executive Officer, Member of the Executive Board
And I will start from the [cogulation] of the last period and continue its strategy. But on what are you going to close for us?
Matti Eilonen
Talenom Oyj - Chief Financial Officer, Member of the Executive Board
Obviously, I'm going to tell about you figures first, the group figures and following by the country specific figures.
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