Workflow
eQ Plc
icon
Search documents
eQ Plc interim report 1 January - 30 September 2025
Globenewswire· 2025-10-21 05:00
Core Insights - eQ Plc reported a significant decline in net revenue and operating profit for the period from January to September 2025, with net revenue at EUR 42.9 million, down 16% from EUR 50.9 million in the same period of 2024, and operating profit decreased by 30% to EUR 19.4 million from EUR 27.6 million [4][8][23] Financial Performance - The Group's net fee and commission income was EUR 43.7 million, down from EUR 49.8 million [4] - Earnings per share fell to EUR 0.37 from EUR 0.53, reflecting a 30% decrease [3][4] - The Asset Management segment's net revenue decreased by 6% to EUR 42.7 million, while operating profit fell by 12% to EUR 23.6 million [4][12] - The Corporate Finance segment reported a net revenue of EUR 1.0 million, down 77% from EUR 4.3 million, with an operating loss of EUR -1.3 million [3][14] - The Investments segment experienced a significant decline, with net revenue at EUR -1.1 million compared to EUR 0.5 million, and an operating loss of EUR -1.1 million [3][16] Market Conditions - The overall market sentiment remained positive, driven by AI-fueled growth expectations, despite geopolitical and trade policy tensions [6] - Central banks globally continued to cut interest rates, impacting bond yields and corporate bond spreads [7] - The real estate market in Finland showed signs of recovery, although liquidity remained low and yield requirements unchanged [18] Strategic Developments - Jouko Pölönen was appointed as the new CEO of eQ Plc, effective September 1, 2025 [4][17] - eQ Asset Management raised over EUR 225 million for private equity and residential funds during the review period, indicating strong demand despite challenging market conditions [9][10] - The company is focusing on clarifying its strategy and identifying future growth opportunities, with a report expected in early February 2026 [17] Future Outlook - The real estate fund management fees are anticipated to decrease in 2025 compared to the previous year, while private equity fees are expected to increase [19][20] - The recovery of the real estate market is contingent on the Finnish economy and foreign capital inflows [18]
Publication of eQ Plc’s Q3 2025 interim report and invitation to result presentation
Globenewswire· 2025-10-13 08:00
Core Points - eQ Plc will release its Q3 2025 interim report on 21 October 2025 at approximately 8:00 a.m. [2] - The press conference to present the results will take place at eQ's head office in Helsinki at 11:00 a.m. on the same day [2] - The press conference will be conducted in Finnish, and presentation materials will be available on eQ's website post-conference [3] Company Overview - eQ Plc is a Finnish group specializing in asset management and corporate finance [3] - eQ Asset Management manages approximately EUR 13.5 billion in assets, offering services including private equity funds and real estate asset management [3] - Advium Corporate Finance, part of eQ, provides services related to mergers and acquisitions, real estate transactions, and equity capital markets [3]
eQ Plc Managers' Transactions – Jouko Pölönen
Globenewswire· 2025-09-01 12:00
Core Viewpoint - eQ Plc's CEO, Jouko Pölönen, has accepted a stock option transaction involving 100,000 units at a unit price of 0 EUR, marking an initial notification of this transaction [1]. Company Overview - eQ Group is a Finnish company specializing in asset management and corporate finance, managing approximately EUR 13.5 billion in assets [1]. - eQ Asset Management provides a variety of services, including private equity funds and real estate asset management for both institutions and individuals [1]. - Advium Corporate Finance, a subsidiary of eQ Group, offers services related to mergers and acquisitions, real estate transactions, and equity capital markets [1].
eQ Plc Managers' Transactions – Caroline Bertlin
Globenewswire· 2025-08-14 13:00
Group 1 - eQ Plc's board member Caroline Bertlin made an initial notification regarding her acquisition of shares on August 12, 2025, through NASDAQ HELSINKI LTD [1] - The transaction involved the acquisition of 4,000 shares at a volume-weighted average price of €13.148 [1] - eQ Group specializes in asset management and corporate finance, managing approximately €13.5 billion in assets [1] Group 2 - eQ Asset Management provides a variety of services, including private equity funds and real estate asset management for both institutions and individuals [1] - Advium Corporate Finance, part of eQ Group, offers services related to mergers and acquisitions, real estate transactions, and equity capital markets [1]
Financial information and Annual General Meeting of eQ Plc in 2026
Globenewswire· 2025-08-05 05:15
Group 1 - eQ Plc will publish its financial reports for 2025, including the Annual Report scheduled for Week 10 of 2026 [1] - The Interim Report for January – March will be released on 28 April 2026, and the Half Year Financial Report will be available on 4 August 2026 [1] - The company will hold its Annual General Meeting on 24 March 2026 [1] Group 2 - eQ is a Finnish group focused on asset management and corporate finance, managing approximately EUR 13.5 billion in assets [2] - eQ Asset Management provides a variety of services, including private equity funds and real estate asset management for both institutions and private individuals [2] - Advium Corporate Finance, part of eQ, offers services related to mergers and acquisitions, real estate transactions, and equity capital markets [2]
eQ Plc’s half year report 2025 – eQ’s operating profit EUR 11.8 million
Globenewswire· 2025-08-05 05:00
Core Viewpoint - eQ Plc reported a significant decline in net revenue and operating profit for the first half of 2025, attributed to challenging market conditions and poor performance in its Corporate Finance and Investments segments [4][8][15]. Financial Performance - The Group's net revenue for January to June 2025 was EUR 28.3 million, down 17% from EUR 34.2 million in the same period of 2024 [3][4]. - Operating profit decreased by 35% to EUR 11.8 million from EUR 18.1 million year-on-year [4][8]. - The profit for the period was EUR 9.3 million, a 35% decline from EUR 14.3 million [5][8]. - Consolidated earnings per share fell to EUR 0.22 from EUR 0.35, marking a 36% decrease [5][8]. Segment Performance - Asset Management segment net revenue decreased by 5% to EUR 28.6 million, with operating profit down 13% to EUR 15.2 million [4][14]. - Corporate Finance segment net revenue plummeted by 72% to EUR 0.8 million, with an operating loss of EUR -0.9 million [3][15]. - The Investments segment reported a negative operating profit of EUR -1.3 million, a significant drop from EUR 0.5 million in the previous year, impacted by valuation changes and currency fluctuations [4][17]. Market Conditions - High market volatility and geopolitical tensions, including U.S. tariffs and conflicts in the Middle East, contributed to uncertainty in the capital markets [6][7]. - Despite these challenges, some stock markets rebounded, and interest rate spreads narrowed, with the ECB continuing interest rate cuts [7]. Asset Management Developments - eQ Asset Management raised over EUR 200 million for private equity and residential funds during the review period, including USD 178 million for the eQ PE XVII US fund [10][11]. - The assets managed by eQ Asset Management grew to EUR 13.5 billion, up from EUR 13.4 billion at the end of 2024 [4][5]. Future Outlook - The real estate market remains challenging, with low liquidity and unchanged yield requirements despite falling interest rates [18][19]. - The company anticipates a potential increase in Private Equity allocations from Finnish asset management clients in the coming years, expecting an increase in Private Equity fees in 2025 [20][21].
Varma invests in the eQ Community Properties Fund as the Fund Acquires School Property from Varma
Globenewswire· 2025-08-04 07:00
Press release August 4, 2025, at 10:00 AM The Special Investment Fund eQ Community Properties has completed a transaction with Mutual Pension Insurance Company Varma regarding a school property located in Niittykumpu, Espoo. At the same time, on June 30, 2025, Varma has made an investment in the eQ Community Properties Fund. The main tenant of the property is the City of Espoo, and the premises are used by Niittykumpu School. Jennifer Eloheimo, Head of Real Estate Investments at eQ, comments: "Varma has lon ...
Publication of eQ Plc’s 2025 half year financial report and invitation to result presentation
Globenewswire· 2025-07-28 12:15
Core Points - eQ Plc will release its January-June 2025 half-year financial report on 5 August 2025 at around 8:00 a.m. [1] - A press conference will be held on the same day at 11:30 a.m. at eQ's head office in Helsinki, with options for participation via webcast [1][2] - The press conference will be conducted in Finnish, and presentation materials will be available on eQ's website after the conference begins [2] Company Overview - eQ Plc is a Finnish group specializing in asset management and corporate finance [2] - eQ Asset Management manages approximately EUR 13.6 billion in assets, offering services including private equity funds and real estate asset management [2] - Advium Corporate Finance, part of eQ, provides services related to mergers and acquisitions, real estate transactions, and equity capital markets [2]
eQ Plc Members of the Shareholders’ Nomination Committee
Globenewswire· 2025-07-01 10:00
Group 1 - eQ Plc's Annual General Meeting has established a Shareholders' Nomination Committee consisting of four members, each appointed by the company's four largest shareholders as of June 30, 2025 [1] - The four largest shareholders represented in the Nomination Committee are Fennogens Investments S.A., Rettig Oy Ab, Chilla Capital S.A., and Teamet Oy [1] - The Nomination Board's annual tasks include preparing proposals for the number of Board members, their election, remuneration for the Chair and Board members, and identifying potential successors for current Board members [4] Group 2 - eQ Group specializes in asset management and corporate finance, managing approximately EUR 13.6 billion in assets [2] - eQ Asset Management provides a variety of services, including private equity funds and real estate asset management for both institutions and individuals [2] - Advium Corporate Finance, part of eQ Group, offers services related to mergers and acquisitions, real estate transactions, and equity capital markets [2]
eQ Plc Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 – Janne Larma
Globenewswire· 2025-06-24 08:30
Core Viewpoint - Chilla Capital S.A., controlled by Janne Larma, has reduced its ownership in eQ Plc to 14.29%, falling below the 15% threshold as per Finnish Securities Market Act [1][2]. Group 1: Ownership Changes - Chilla Capital S.A.'s shareholding in eQ Plc decreased from 15.50% to 14.29% on June 19, 2025 [1][2]. - The total number of shares and voting rights held by Chilla Capital S.A. is now 5,915,904, representing 14.29% of eQ Plc's shares and voting rights [2]. Group 2: Company Overview - eQ Plc is a Finnish group specializing in asset management and corporate finance, managing approximately EUR 13.6 billion in assets [2]. - eQ Asset Management provides a variety of services, including private equity funds and real estate asset management for both institutions and individuals [2].