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.

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

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Disclosed details

Transaction Size: $32M

Revenue: $41M

EBITDA: $6M

EBIT: $1M

Net Income: $5M

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