NoHo Partners - Capital allocator in the restaurant industry

Picked from OP’s report:

Additionally, based on, for example, the January-February sales figures reported by Kesko,
demand in the HoReCa sector (which Kespro serves) has been slightly
negative in the early part of the year

Kesko’s March figures were released yesterday, and they showed good growth (+5.6) for Kespro; overall, January-March was down by only -0.3%. The January-February period mentioned in the OP report was still at -3.3%.

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