INSIDE INFORMATION: Evli specifies its outlook for 2024

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Published: 2024-03-06 09:10:00 CET Evli Oyj Inside information INSIDE INFORMATION: Evli specifies its outlook for 2024 EVLI PLC INSIDE INFORMATION ON MARCH 6, 2024, AT 10:10 AM (EET/EEST) INSIDE INFORMATION: Evli specifies its outlook for 2024 Evli Plc's Board of Directors has decided to revise its outlook for the full year 2024. The company has today on March 6, 2024 announced a strategic partnership with Bregal Milestone to accelerate the international growth of the incentive business of Evli's subsidary, Evli Alexander Incentives Oy. In relation to the arrangement, Evli will recognize a non-cash accounting gain in fiscal year 2024 of approximately EUR 14 million. Specified outlook: Due to the one-off impact from the corporate arrangement, the strong position and growth prospects, we estimate that the operating profit will significantly exceed the level of the comparison period. Evli previously provided the following outlook in its financial statements bulletin on January 25, 2024: "Due to our strong position and growth prospects, we estimate that the operating result will be at or above the comparison period." Evli Plc's Interim Report for January-March 2024 will be published on April 22, 2024. EVLI PLC Additional information: Juho Mikola, CFO, Evli Plc, tel. [phone], [e-mail] Evli Plc We see wealth as an engine to drive sustainable progress. We draw on our heritage, broad expertise, and Nordic values to grow and manage wealth for institutions, corporations, and private persons in a responsible way. We are the best fund house in the Nordics1 and the leading asset manager in Finland2 offering a broad range of services including mutual funds, asset management and capital markets services, alternative investment products, equity research, share plan design and administration as well as Corporate Finance services. Responsible investing is integrated in every investment decision and our expertise is widely acknowledged by our clients. Evli has Finland's best expertise in responsible investment3. Evli Group employs around 300 professionals and Evli has approximately EUR 18.0 billion in client assets under management (net 12/2023). Evli Plc's B shares are listed on Nasdaq Helsinki Ltd. More information: www.evli.com. 1 Lipper Fund Awards 2023. 2 Morningstar Awards 2023 (c). Morningstar, Inc. All Rights Reserved. Awarded to Evli for the Best Fund House in Finland. Kantar Prospera External Asset Management Finland 2015, 2016, 2017, 2018, 2019, 2021, 2022, 2023. Kantar Prospera Private Banking 2019, 2020 Finland. 3 SFR Scandinavian Financial Research Institutional Investment Services Finland 2021, 2022. Kantar Prospera External Asset Management 2017, 2018, 2019, 2020, 2023 Finland. Distribution: Nasdaq Helsinki, main media, www.evli.com This news release was distributed by Company News System, www.nasdaqomxnordic.com/news/marketnotices To subscribe on regulatory news from this company, go to the subscription page