Outlook and guidance
New guidance for 2024 (published 9 October, 2024):
Talenom estimates that 2024 net sales will be EUR 126–129 million, EBITDA EUR 34–37 million and operating profit EUR 11–14 million.
The new guidance also considers the non-recurring costs of the updated strategy and reorganization.
Read below the releases on strategy and guidance updates
Previous guidance for 2024 (issued on 1 February 2024, reiterated on 19 July 2024):
Talenom estimates that 2024 net sales will be about EUR 130–140 million, EBITDA EUR 34–40 million and operating profit EUR 14–17 million.
Talenom estimates that 2025 net sales will be around EUR 130–140 million and EBITDA around EUR 36–42 million.
Talenom expects demand in the accounting services market to remain stable in all of the company’s operating countries in 2025. Market conditions affecting the company are estimated to remain unchanged in Finland and Sweden in the first half of 2025 and to pick up during the second half of the year.
In addition to organic growth, the guidance includes an estimate of possible acquisitions to be completed during 2025. In addition, consolidation in the industry is expected to continue, driven by, for instance, the digital revolution and tightening legislation in electronic financial management. Expansion into new market areas has enabled long-term growth for the company. Acquisitions are focused on strategically significant targets. Talenom expects profitability to improve driven by uniform processes and automation.