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Why Olvi stock moves

Olvi fell on Friday, moving in line with the market.

Written after the close on ·

Why today

16,413 news analyzed today

Olvi fell on Friday, moving in line with the market.

The market was also down slightly over the same session, so the drop matches broad weakness rather than company news alone.

Olvi fell clearly in the last session, after it announced on 6 November that it is forming four regional market clusters and expanding its Group Leadership Team from 1 January 2027.

That news is the most likely trigger, though the market's own slide played a part.

Over the last five trading days, Olvi rose clearly and outperformed the market, which edged up only slightly, while Consumer Defensive peers gained more strongly.

Today's move of −0.71% was 1.1 times a normal day's 0.6%. OMX Helsinki 25 moved −0.52% on the same day.

Olvi −0.71%OMX Helsinki 25 −0.52%In step with the market

Earlier days →

See the chart in ChartCompass, with every move explained →

What analysts expect, and how often they have been right

Analysts’ estimates for Olvi.

Olvi earned more than expected in 2 out of 8 reports.

Not in the chart because no estimate and result are available: 1 of the 9 reports in this period, the latest on August 14, 2026.

For comparison, about 46% of reports from Nordic companies beat the estimate in the last three years.

The share moved in the same direction as the earnings surprise in 7 out of 8 reports with a measured move, against about 63% of reports from Nordic companies.

Ratings

Now
Buy 1Hold 2Sell 0

A rating is the analyst’s own opinion about the share.

Price targets

Latest price 27.80 EUR

Price targets
Low 30.00Average 32.33High 37.00

The average target is 32.33 EUR, +16% relative to the latest price of 27.80 EUR. The range is 30.00 EUR–37.00 EUR. A target is the analyst’s estimate of a future share price. 3 analysts gave a target.

Earnings against expectations, and the share’s reaction

Earnings against expectations, and the share’s reaction0.10.50.81.11.42024-10-16: 1.12; Expected EPS: 0.9916/10’24+0.2%2025-02-11: 0.36; Expected EPS: 0.4311/2’25−3.4%2025-04-23: 0.46; Expected EPS: 0.4723/4’25−2.9%2025-08-13: 0.83; Expected EPS: 1.2013/8’25−5.5%2025-10-22: 0.98; Expected EPS: 1.2722/10’25−3.7%2026-02-12: 0.82; Expected EPS: 0.6212/2’26+0.5%2026-04-23: 0.28; Expected EPS: 0.5123/4’26−4.9%2026-10-22: 1.00; Expected EPS: 1.1322/10’26+2.0%Next reported quarter: expected earnings per share of 0.54.→11/02

Expected EPSAbove estimateBelow estimateAs expectedEUR

Percentages below show the share’s report-day move; labels are report dates.

Next reported quarter: expected earnings per share of 0.54 EUR (February 11). For the current fiscal year, expected earnings per share changed from 3.13 EUR three months ago to 2.95 EUR now. 2026 estimate: 2.95 EUR. 2027 estimate: 3.37 EUR.

Has the share price followed the business?

Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +7% and earnings per share +4%.

Revenue, profit and market cap

Revenue, profit and market cap (m EUR)02885778652022: 583.702022: 7.9820222023: 630.612023: 38.2520232024: 656.912024: 61.6720242025: 665.272025: 64.002025Now2026: 752.2320262027: 786.2320272022: 685.976862023: 581.495812024: 604.466042025: 649.11649Now: 573.65574

RevenueProfitMarket capHatched bars: analysts’ estimates.m EUR

Market cap is 0.9 times 2025 revenue, against 1.2 in 2022. Profit in 2025: 64.0 m EUR.

Assets, liabilities and market cap

Assets, liabilities and market cap (m EUR)02525037552022: 489.672022: 207.9320222023: 490.002023: 200.6620232024: 539.602024: 214.0420242025: 607.772025: 238.412025Now2022: 685.976862023: 581.495812024: 604.466042025: 649.11649Now: 573.65574

AssetsLiabilitiesMarket capm EUR

Assets minus liabilities leave 369 m EUR for shareholders. Market cap is 1.6 times that equity.

Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 574 m EURRevenue 2025: 665 m EUR

What the key figures say about Olvi

The figures connect what Olvi earns with what investors pay.

The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.

Earnings per share3.20 EUR
NowEarnings per share2022: 0.39222023: 1.85232024: 2.98242025: 3.09252026: 2.95262027: 3.37272022: 33.152023: 28.102024: 29.202025: 31.35

Profit divided by the number of shares. Each share represents this much of the earnings.

2022–2025: 0.39 EUR–3.09 EUR. Peers: Carlsberg 48.20 DKK, Heineken 4.10 EUR, Atria 1.63 EUR. 2026 estimate: 2.95 EUR (2.91 EUR–2.97 EUR). 2027 estimate: 3.37 EUR (3.35 EUR–3.38 EUR).

Revenue733 m EUR
NowRevenue2022: 583,703,000.00222023: 630,605,000.00232024: 656,907,000.00242025: 665,275,000.00252026: 752,233,330.00262027: 786,233,330.00272022: 33.152023: 28.102024: 29.202025: 31.35

What the company sold during the year.

2022–2025: 584 m EUR–665 m EUR. Peers: Carlsberg 90.3 bn DKK, Heineken 29.4 bn EUR, Atria 1.9 bn EUR. 2026 estimate: 752 m EUR (743 m EUR–764 m EUR). 2027 estimate: 786 m EUR (775 m EUR–798 m EUR).

Operating margin11.8%
NowOperating margin2022: 9.87222023: 8.77232024: 12.36242025: 12.31252022: 33.152023: 28.102024: 29.202025: 31.35

The percentage of revenue left after the costs of running the business.

2022–2025: 8.8%–12.4%. Peers: Carlsberg 14.2%, Heineken 11.6%, Atria 3.6%.

Return on equity18.2%
NowReturn on equity2022: 2.86222023: 13.25232024: 19.02242025: 17.43252022: 33.152023: 28.102024: 29.202025: 31.35

Profit as a percentage of shareholders’ money in the company.

2022–2025: 2.9%–19.0%. Peers: Carlsberg 20.4%, Heineken 12.1%, Atria 10.7%.

P/E8.7
NowP/E2022: 85.00222023: 15.19232024: 9.80242025: 10.15252026: 9.43262027: 8.2627

The price investors pay for each unit of annual earnings per share. Not shown for a loss.

2022–2025: 9.8–85.0. Peers: Carlsberg 21.3, Heineken 20.4, Atria 9.9. 2026 estimate: 9.4. 2027 estimate: 8.3.

Market cap per unit of revenue (P/S)0.78
NowMarket cap per unit of revenue (P/S)2022: 1.18222023: 0.92232024: 0.92242025: 0.98252026: 0.76262027: 0.7327

What investors pay for each unit the company sells.

2022–2025: 0.92–1.18. Peers: Carlsberg 1.50, Heineken 1.59, Atria 0.24. 2026 estimate: 0.76. 2027 estimate: 0.73.

Dividend per share1.35 EUR
NowDividend per share2017: 0.75172018: 0.80182019: 0.90192020: 1.00202021: 1.10212022: 1.20222023: 1.20232024: 1.20242025: 1.3025

Money paid to shareholders per share, summed by calendar year.

2017–2025: 0.75 EUR–1.30 EUR.

Dividend yield4.9%
NowDividend yield2022: 3.62222023: 4.27232024: 4.11242025: 4.1525

The ordinary yearly dividend as a percentage of the share price.

2022–2025: 3.6%–4.3%. Peers: Carlsberg 2.8%, Heineken 2.3%, Atria 4.7%.

Net debt / EBITDA0.48
NowNet debt / EBITDA2022: -0.68222023: -0.31232024: -0.37242025: -0.3525

Net debt divided by operating earnings before depreciation and amortisation.

2022–2025: -0.68–-0.31. Peers: Carlsberg 2.74, Heineken 3.22, Atria 2.20.

More key figures
Market cap / equity (P/B)1.49
NowMarket cap / equity (P/B)2022: 2.46222023: 2.01232024: 1.86242025: 1.7725

Market cap divided by shareholders’ equity, what remains after liabilities.

2022–2025: 1.77–2.46. Peers: Carlsberg 4.76, Heineken 2.40, Atria 0.99.

EV / EBIT7.3
2025EV / EBIT2022: 33.15222023: 10.16232024: 6.81242025: 7.2625

Market cap plus net debt, divided by operating earnings. This includes debt.

2022–2025: 6.8–33.1.

Free cash flow per share1.46 EUR
NowFree cash flow per share2022: 1.44222023: 0.12232024: 2.25242025: 1.28252022: 33.152023: 28.102024: 29.202025: 31.35

Cash left after investments, divided by the number of shares.

2022–2025: 0.12 EUR–2.25 EUR. Peers: Carlsberg 51.74 DKK, Heineken 4.67 EUR, Atria 0.78 EUR.

Equity ratio60.4%
2025Equity ratio2022: 57.02222023: 58.90232024: 60.09242025: 60.4025

The percentage of assets financed by shareholders’ equity.

2022–2025: 57.0%–60.4%.

The dividend explained

A dividend is money paid to shareholders. Olvi paid 1.35 EUR per share in the twelve months through November 6, 2026.

On the ex-dividend day, September 22, 2026, Olvi traded without the right to the 0.68 EUR dividend. The price went from 32.60 EUR to 32.10 EUR; including the dividend, the day's change was +0.6%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.

2017: 0.75 EUR2018: 0.80 EUR2019: 0.90 EUR2020: 1.00 EUR2021: 1.10 EUR2022: 1.20 EUR2023: 1.20 EUR2024: 1.20 EUR2025: 1.30 EUR2026 so far: 1.35 EUR

What to watch next, and why

The earnings report shows how Olvi's revenue and profit have changed.

  • Earnings report

    The earnings report shows how Olvi's revenue and profit have changed.

    Add to calendar

Earnings report

Next report: · Add to calendar · Google Calendar

Report day2.0%

Normal day0.6%

On its last 15 report days Olvi usually moved about 2.0%. On a normal day it moves 0.6%.

+2.04% Why? −3.42% −4.93% +0.45%

10,000 EUR in Olvi bought on November 7, 2016 is worth 13,900 EUR today, with dividends reinvested.

The same amount in OMX Helsinki with dividends would have become 24,400 EUR.

What would 10,000 EUR in Olvi be worth today? →

What would 10,000 EUR in Olvi be worth today?

13,900 EUR

with dividends reinvested, bought on November 7, 2016. The same amount in OMX Helsinki with dividends would have become 24,400 EUR.

The five biggest days of the journey

· −13.3% · the whole market fell 4.6% the same day

· −10.0% · the whole market fell 10.1% the same day

· −8.6% · the whole market fell 1.1% the same day

· +7.6% · the whole market rose 1.5% the same day

· −7.6% · the whole market fell 3.1% the same day

Earlier days

  • +1.65% market +0.50% Olvi rose clearly over the week's trading days, more than the broader market, which rose slightly. Read →

    Olvi rose clearly over the week's trading days, more than the broader market, which rose slightly.

    In the last session the shares fell clearly, moving in line with the market's slight decline.

    The main company news came on Friday 6 November, when Olvi announced four regional market clusters and an expanded Group Leadership Team from 1 January 2027.

    The change is meant to speed up decisions and execution, and it may have partly supported the shares.

  • −0.36% market −0.56% Olvi fell with the market. Read →

    Olvi fell with the market.

    The move was an ordinary size for Olvi.

    Over the last five trading days, Olvi rose clearly while OMX Helsinki 25, the main Helsinki stock index, was roughly unchanged.

    The latest price is well below last year's high but above its low.

  • +1.26% market +1.62% Olvi rose clearly, in line with the market. Read →

    Olvi rose clearly, in line with the market.

    No company news explains the move.

    Over the last five trading days, Olvi rose sharply while the OMX Helsinki 25 rose slightly, so it outperformed.

    Trading was about twice its usual level, and the stock sits well below its highest close of the past year.

    Its next earnings report is due on Thursday 11 February 2027.

  • +0.54% market −0.39% Olvi rose, while the OMX Helsinki 25 fell slightly. Read →

    Olvi rose, while the OMX Helsinki 25 fell slightly.

    No company news explains the move.

    Over the last five trading days, Olvi was roughly unchanged, while the market fell clearly, so Olvi held up better than the index.

    The move was ordinary for Olvi, a small rise in a normal daily range.

    Olvi is a Finnish drinks maker, and its shares often move little on quiet days.

  • +0.91% market +0.36% Olvi rose, while OMX Helsinki 25 rose only slightly. Read →

    Olvi rose, while OMX Helsinki 25 rose only slightly.

    No company news from that session explains the move.

    Over the last five trading days, Olvi fell slightly, a little less than the market.

    OP Corporate Bank upgraded Olvi and Nordea raised its price target, the share price it sees as fair, earlier in the period, but these are background.

    The next earnings report, the company's results release, is due on Thursday 11 February 2027.

  • +0.55% market −1.25% Olvi rose slightly. Read →

    Olvi rose slightly.

    The market fell clearly, so Olvi moved against it.

    No company news from that session explains the move.

    Over the last five trading days, Olvi was roughly unchanged, as was OMX Helsinki 25.

    Earlier, Olvi's Q3 profit missed expectations and it cut its 2026 profit outlook, which weighed on sentiment.

  • −0.36% market +0.22% Olvi shares were roughly unchanged over the week, while the Helsinki market index was also flat. Read →

    Olvi shares were roughly unchanged over the week, while the Helsinki market index was also flat.

    The move was ordinary in size for Olvi.

    The main company news was the 22 October interim report: sales rose 12.4% on acquisitions, but operating profit grew only 2.1%, missing expectations.

    Analysts also trimmed their outlook, lowering full-year operating profit guidance to EUR 80-85 million, which weighed on sentiment.

  • −1.27% market −0.54% Olvi fell clearly, moving more than the market. Read →

    Olvi fell clearly, moving more than the market.

    Over the same day the OMX Helsinki 25 fell only slightly, so the drop was stock-specific.

    No company news from the last session explains the move.

    The most likely reason is the weak results from last week, when earnings missed expectations and the company cut its 2026 profit outlook on 13 October.

    Over the last five trading days Olvi rose slightly while the market fell slightly.

  • −0.72% market −0.14% Olvi fell, while OMX Helsinki 25 was roughly flat. Read →

    Olvi fell, while OMX Helsinki 25 was roughly flat.

    No company news explains it.

    Over the last five trading days Olvi rose clearly, with the market roughly flat.

    Earlier news shows the company cut its 2026 operating profit outlook on 13 October, and Q3 earnings missed expectations.

    Next, watch the next earnings report on Thursday 11 February 2027.

  • +1.28% market +1.83% Olvi rose, in line with a strong market day. Read →

    Olvi rose, in line with a strong market day.

    Its own news did not explain the move.

    Over the last five trading days, Olvi rose sharply while the Helsinki market was roughly flat.

    The rise came mostly after its Q3 report, which showed sales growth but a weaker profit outlook.

    Analysts' views also matter here: Nordea kept a hold rating, meaning neutral, and raised its price target, the share price it sees as fair.

  • −0.18% market −0.38% Olvi was roughly unchanged, moving less than the market. Read →

    Olvi was roughly unchanged, moving less than the market.

    OMX Helsinki 25 fell slightly over the same days.

    No company news explains a move, because the move was small.

    Last week, the company cut its 2026 profit outlook on rising cost pressures, and the shares dropped on that news.

    Olvi's quarterly report, published yesterday, showed sales growth but weak profit, which kept sentiment cautious.

  • −0.36% market −3.27% Olvi barely moved over the last five trading days, while the wider Helsinki market fell clearly. Read →

    Olvi barely moved over the last five trading days, while the wider Helsinki market fell clearly.

    Its quarterly results on Wednesday showed strong sales growth, but operating profit grew much more slowly, and the company's earnings goal for 2026 was already cut earlier in the week, which weighed on sentiment.

    Nordea raised its price target, the share price it sees as fair, to €30 but kept its hold rating, meaning it still sees little reason to buy or sell.

    Next up is the full-year report on Thursday, 11 February 2027.

  • +2.04% market −1.41% Olvi rose sharply; company's Q3 report, which missed expectations, released. Read →

    Olvi rose sharply; company's Q3 report, which missed expectations, released.

    Olvi rose sharply in the last session, moving against a market that fell clearly.

    The shares moved in line with the market over the last five trading days, falling slightly.

    The move was big for Olvi, roughly three times a normal day and rarer than most moves over the past year.

    Olvi's third-quarter report came out in the session and showed sales growth from acquisitions, but operating profit grew more slowly than sales.

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