The Hockey World Championships in Tampere lifted NoHo Partners to a Record result in May
Net sales clearly increased in May compared with the pre-korona period. The World Hockey Championships in Tampere were also featured in restaurant sales of EUR 33 million.
The Finnish group NoHo Partners, which specializes in restaurant services, achieved a record result in May. Net sales in May were over EUR 33 million. Net sales increased by as much as 208 percent in May compared to 2021 and also by 52 percent compared to the pre-pandemic period in 2019.
- The result for May is really tough, then look at it from any angle. The impact of the Nokia Arena and Tampere World Championships is obvious with a turnover of approximately EUR 5.7 million, says Aku Vikström, CEO of NoHo Partners.
EBITDA from basic operations was also excellent, ie approximately EUR 4.5 million, which is approximately 16 percent of net sales.
Third consecutive good month
May was the third consecutive month for the Group, with an EBITDA margin of approximately 15 percent.
From June, the company expects net sales to be approximately EUR 27–30 million and EBITDA to be approximately EUR 3.5–4.5 million.
- In the June forecasts, the weather will always have a greater impact than normal, as the share of terrace sales can be of great relative importance, comments Aku Vikström. He considers the outlook for late summer to be quite positive.
The company will report on the development of its business in June 2022 in week 28. After that, the company will stop reporting on a monthly basis on the development of its business and will publish its financial data on a quarterly basis.