Taaleri PLC (LTS:0RF6)
€ 7.24 -0.025 (-0.34%) Market Cap: 203.66 Mil Enterprise Value: 194.18 Mil PE Ratio: 11.14 PB Ratio: 0.98 GF Score: 74/100

Q1 2025 Taaleri Oyj Earnings Call Transcript

Apr 29, 2025 / 08:00AM GMT
Release Date Price: €7.16 (-4.73%)

Key Points

Positve
  • Taaleri PLC (FRA:295)'s private asset management business saw growth in continuing earnings and improved profitability.
  • The renewable energy segment experienced positive growth and profitability, with the Solar Windre Fund being the largest infrastructure-focused fund in Finland.
  • The bio industry projects, including the biomass plant in Yuansu and the beer refinery in Hamina, are progressing well, securing new clients and increasing production capacity.
  • The real estate business secured a strategic partnership with Keba, which is expected to positively impact future financial results.
  • The updated reporting structure provides better transparency and illustrates the potential of Taaleri PLC (FRA:295)'s investments and balance sheet.
Negative
  • Taaleri PLC (FRA:295) experienced a significant decline in key financial figures, with revenue dropping from EUR 17 million to EUR 8.6 million and operating profit from EUR 9.6 million to EUR 0.5 million.
  • The Solar Windre Fund is likely to fall short of its initial target size due to current market conditions.
  • The Guarantee segment's earnings declined by EUR 0.9 million, impacted by the poor performing housing market in Finland.
  • Investment segment revenue is highly volatile, with significant fluctuations expected due to fair value changes and exit timings.
  • The macroeconomic environment and market uncertainty are negatively impacting Taaleri PLC (FRA:295)'s operations, particularly in investment decisions and project developments.
Linda Tierala
Taaleri Oyj - Investor relation

Good morning and welcome to the presentation of Taaleri results for the first quarter of 2025. My name is Linda Tierala and I'm heading investor relations here at Taaleri.

Presenting today, we have our CEO Ilkka Laurila.

(Operator Instructions)

And with that I welcome Ilkka to open the presentation.

Ilkka Laurila
Taaleri Oyj - Group Chief Financial Officer

Good morning. On my behalf as well, my name is Ilkka Laurila. I'm a CEO of Taaleri since January this year, and as usually it's now it's time to go through some of the operational development highlights and as well as the financial development of the first quarter, in Taaleri '25 development.

The presentation comprises of a few sections.

The First part is that we will go through the quarterly highlights. The second part is that we will go through the segment, reporting changes which we published during the quarter and the kind of the rationale behind it and the third part is then that we will go to part of the

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