Viafin Service Oyj

Viafin Service Oyj

HHEL:VIAFIN
19.90
EUR
-0.10
(-0.50%)
67.67MMarket Cap
Mar 03Next Earn
2017 Y
2018 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.3
- -
16.01
18.02
24.71
21.32
26.25
28.68
- -
Basic EPS, GAAP
-0.05
- -
0.9
0.82
0.95
0.98
1.26
1.37
- -
Free Cash Flow per Basic Share
0.53
- -
1.7
1.48
0.62
1.19
0.83
2.13
- -
Dividend per Share
- -
- -
0.25
0.37
0.4
0.45
0.55
0.63
- -
Book Value per Share
0.06
2.01
5.71
5.89
6.14
6.57
7.11
7.46
7.36
Tangible Book Value per Share
0.02
0.34
3.49
3.53
3.82
4.1
3.02
2.37
2.18
Basic Weighted Avg Shares
4
4
4
3
4
4
3
3
3
Sales/Revenue/Turnover
26
- -
58
61
87
75
92
100
- -
Operating Margin (%)
4.47
- -
7.94
7
5.17
5.52
6.26
6.43
- -
Depreciation Expense
- -
- -
1
1
1
1
2
2
- -
Net Income, GAAP
- -
- -
3
3
3
3
4
5
- -
Effective Tax Rate (%)
1.77
- -
20.4
19.58
20.73
21.22
20.78
22.4
- -
Profit Margin (%)
-0.7
- -
5.63
4.54
3.85
4.59
4.81
4.78
- -
Working Capital
- -
1
12
12
12
12
8
7
6
LT Debt
- -
- -
1
- -
- -
- -
2
2
2
Total Equity
- -
7
22
22
23
24
26
27
27
Return on Invested Capital (%)
- -
- -
22.41
13.35
13.4
12
15.06
15.21
- -
Return on Capital (%)
- -
- -
19.51
9.55
13.89
13.94
15.6
15.86
- -
Return on Common Equity (%)
- -
-0.4
23.49
13.57
15.91
15.42
18.45
18.8
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
71
69
68

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
33
28
30
Cash, Cash Equivalents & STI
5
11
9
Accounts Receivable, Net
25
12
18
Inventories
3
3
3
Total Current Liabilities
29
21
24
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
4.89%
4.8%
Free Cash Flow
- -
28.56%
155.79%
Net Income, GAAP
- -
8.89%
7.99%
Sales/Revenue/Turnover
- -
13.01%
8.73%
Total Cash Common Dividend
- -
19.55%
13.23%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
92
2025
- -
- -
100
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.26
2025
- -
- -
1.37
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.55
2025
- -
- -
0.63
2026
- -
- -
- -

Company Description

CEO
Heikki Pauli Sakari Pesu
Sector
Consumer services
Industry
Other consumer services
Address
Kurikka Finland
IPO Date
Nov 20, 2018
Business
Viafin Service Oyj is a Finland-based industrial service company specializing in industrial maintenance, process piping installations, and specialized energy infrastructure solutions. The company operates through an asset-light, service-driven model structured across two primary operational areas: Maintenance Services and Project Business. Its comprehensive service portfolio comprises mechanical maintenance, equipment overhaul, and preventative upkeep for production facilities; process piping engineering, prefabrication, installation, and hydraulic piping solutions; annual plant turnaround and scheduled shutdown management; specialized gas technology engineering and maintenance covering liquefied natural gas (LNG), biogas, natural gas, and hydrogen systems, including high-pressure transmission pipelines, regasification units, and gas refueling stations; industrial electrification, automation, instrumentation, and control system maintenance; wind turbine lifecycle inspection, maintenance, and repair services; and custom steel structure fabrication, pressure vessel servicing, and certified welding. Viafin Service primarily serves heavy process industries, including pulp and paperboard, power and thermal energy, chemical and petrochemical, mining and metallurgy, and municipal utilities and gas distribution networks. Tracing its operational roots to 1992 and incorporated in its modern corporate form in 2018, the company is headquartered in Kurikka, Finland, and operates through a decentralized nationwide network of regional service units across Finland. Its principal operating subsidiaries include Viafin Process Piping Oy, Viafin GAS Oy, Viafin Industrial Service Oy, Viafin Installation Oy, Viafin Wind Service Ltd, OT Service Oy, Bear Group Finland Oy, and Karhu Workteam Oy. In recent strategic developments, Viafin Service has expanded its operational scope and geographic coverage through targeted acquisitions and service line diversification. In February 2025, the company acquired Bear Group Finland Oy and Karhu Workteam Oy to significantly strengthen its industrial electrical and automation maintenance capabilities. In February 2024, the company acquired OT Service Oy, expanding its mechanical maintenance and machining workshop capacity in Northern Finland. Additionally, through the establishment of Viafin Wind Service Ltd following its acquisition of JL Steel Group's wind maintenance division, Viafin Service has continued to scale its renewable energy and green transition offerings, broadening its technical focus on wind turbine maintenance and hydrogen infrastructure solutions.