Inderes Oyj - "The company belongs to everyone"

Hello again, forum!

We’ve published our Q1 preview. It’s available at the following link: → Inderes Q1'26 preview

Hope to see as many of you as possible at the annual general meeting :blush:

Spring greetings from Student Coverage 2026

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Let’s also raise this year’s community survey here. Humble thanks in advance to all respondents! :folded_hands:

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SEB on jälleen kirjoitellut Inderesistä :slight_smile:

Ahead of Inderes’ Q1 report, we keep our estimates broadly unchanged despite Jan-Feb sales data coming in slightly below our estimates. The recent geopolitical escalations dampen the IPO outlook, and we flag downside risks driven by the fading tailwind of market growth. Yet, we do not see the IPO window as closed should the Middle East situation calm and the worst of inflationary pressure ease. Fair value range unchanged at EUR 18-20.

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I didn’t manage to join live yesterday and I’m sure recordings are on their way, but I’ll ask already if there was any discussion about this:

“New functionalities of the Videosync platform will be tested in the broadcast, which means live subtitling and AI dubbing in English, Swedish, Danish, and Romanian will be available.”

Quote from yesterday’s press release: Inderes to publish its January–March 2026 business review on April 24, 2026.

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@Mikael_Rautanen’s review of Wednesday’s annual general meeting! :blush:

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Board Q&A session from the same annual general meeting! :sun:

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Indeed, welcome to the results briefing. The results will be released on Friday, April 24, 2026, at approximately 8:00 AM, and the results briefing will be held at 9:30 AM on the same day.

We were wondering how closely people read these releases; it’s great that someone noticed :smiley: Our former Chairman of the Board spent about 10 years always joking about the Romanian market whenever internationalization was discussed, so this is a tribute to the legacy of @Kaj_Hagros (and yes, there are hundreds of companies there without coverage as well :wink: ).

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