Workflow
Corporate Finance
icon
Search documents
Taina Kyllönen appointed as eQ’s Chief People and Communications Officer and member of the Management Team
Globenewswire· 2025-11-19 07:00
Core Viewpoint - eQ Plc has appointed Taina Kyllönen as the new Chief People and Communications Officer, effective by February 1, 2026, to enhance its management team and support the company's growth strategy [2][3]. Group 1: Appointment Details - Taina Kyllönen will report directly to CEO Jouko Pölönen and brings over 20 years of experience in communications, investor relations, and marketing from her previous roles at the University of Helsinki and other companies [2][3]. - Kyllönen's expertise includes corporate culture development and brand building, which aligns with eQ's entrepreneurial and skilled team [3]. Group 2: Company Overview - eQ Plc focuses on asset management and corporate finance, managing approximately EUR 13.7 billion in assets [5]. - The company offers a variety of asset management services, including private equity funds and real estate asset management, catering to both institutions and private individuals [5].
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]
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].
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 Jouko Pölönen to start as CEO of eQ Plc on 1 September 2025
Globenewswire· 2025-06-23 10:30
Group 1 - eQ Plc appointed Jouko Pölönen as the new CEO, effective from September 1, 2025, succeeding interim CEO Janne Larma [2] - Janne Larma will remain as a member of the Board of Directors after the transition [2] - eQ Group specializes in asset management and corporate finance, managing approximately EUR 13.6 billion in assets [2]
HP Inc.: A Bet On Efficiency, Innovation, And Aggressive Capital Return
Seeking Alpha· 2025-05-05 12:06
Group 1 - The professional background includes experience in private banking, corporate finance, and strategic advisory across multiple continents [1] - A private banking department was developed and led in Dubai, focusing on tailored investment solutions for affluent clients in the Middle East [1] - Involvement in managing cross-border M&A transactions in Indonesia, with a successful track record in emerging markets [1] Group 2 - The goal is to provide well-researched commentary on various industries and asset classes, including high-growth technology equities and undervalued blue-chip stocks [1] - Insights aim to help readers navigate complex global markets while adhering to a risk-aware, fundamentally driven investment approach [1]
eQ Plc’s interim report Q1 2025 – eQ’s operating profit EUR 5.8 million
Globenewswire· 2025-04-29 05:00
Financial Performance - The Group's net revenue for Q1 2025 was EUR 14.0 million, a decrease of 15% from EUR 16.5 million in Q1 2024 [2][3] - Operating profit fell by 34% to EUR 5.8 million compared to EUR 8.8 million in the previous year [2][3] - Profit for the period decreased by 35% to EUR 4.6 million from EUR 7.0 million [2][3] - Earnings per share dropped by 36% to EUR 0.11 from EUR 0.17 [2][3] Segment Performance - Asset Management segment's net revenue decreased by 5% to EUR 14.4 million, with operating profit down 11% to EUR 7.9 million [2][3][8] - Corporate Finance segment reported net revenue of EUR 0.1 million, a significant drop from EUR 0.8 million, with an operating loss of EUR -0.8 million [2][3][13] - Investments segment experienced an operating loss of EUR -0.6 million, a decline from a profit of EUR 0.2 million in the previous year [2][3][15] Market Conditions - The early part of 2025 saw turmoil in global capital markets, with US stock markets remaining flat and European stock prices rising by approximately 15% [5] - The tariff war and geopolitical challenges have created significant uncertainty in capital markets, negatively impacting economic development [6] - Interest rates have fallen significantly, particularly in Europe, which may support real estate and equity investments [6] Asset Management Developments - eQ Asset Management's assets under management grew to EUR 13.6 billion, up from EUR 13.4 billion at the end of 2024 [3][4] - The company raised USD 143 million for its private equity fund, eQ PE XVII US, with total fund size increasing to USD 168 million after the review period [9] - The market for open-ended real estate funds remains low, with postponed redemptions expected to be paid by the end of April 2025 [10][16] Future Outlook - The real estate market is expected to improve in 2025 compared to 2024, contingent on falling interest rates and economic recovery [16] - Private equity fees are anticipated to increase in 2025, as Finnish asset management clients are expected to raise their allocations [18] - The company aims to enhance client service and growth through organizational restructuring and key appointments [11]