Partnera Oyj reported a net profit of €4.7 million for the fiscal year 2024, attributed to significant investments in its core subsidiary, Foamit Group, alongside a proposed dividend of €0.11 per share, reinforcing its commitment to sustainable business growth.
Target Information
Partnera Oyj, a prominent international business group, focuses on sustainable development through its owned companies. The company has recently reported significant growth in its financial performance for the fiscal period from January 1 to December 31, 2024. During this period, Partnera's revenue was recorded at €41.4 million, compared to €50.4 million in 2023. A noteworthy achievement includes a positive net profit of €4.7 million, signifying a significant turnaround from a loss in the previous fiscal year.
The company's core business revolves around Foamit Group, a leading manufacturer of foam glass, enhancing its market position through considerable investments in production capacity in both Norway and Finland. Partnera has also proposed a dividend of €0.11 per share based on the improved financial standing.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Finland
Finland's construction industry is projected to face challenges in 2025, yet the prospects for infrastructure development remain robust. The government continues to invest heavily in public infrastructure projects, ensuring a steady d
Similar Deals
Galena Asset Management, Trafigura Group, Sampo plc → Terrafame Ltd.
2017
Rival Invest III Oy & OTC-Sijoitus Oy
invested in
Finda Oyj & Telebusiness InWest Oy
in 2024
in a Other deal
Disclosed details
Transaction Size: $32M
Revenue: $41M
EBITDA: $6M
EBIT: $1M
Net Income: $5M