Relais Group Oyj Management

Management criteria checks 3/4

Relais Group Oyj's CEO is Arni Ekholm, appointed in Sep 2015, has a tenure of 8.67 years. total yearly compensation is €264.00K, comprised of 93.9% salary and 6.1% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth €812.77K. The average tenure of the management team and the board of directors is 1.8 years and 5 years respectively.

Key information

Arni Ekholm

Chief executive officer

€264.0k

Total compensation

CEO salary percentage	93.9%
CEO tenure	8.7yrs
CEO ownership	0.4%
Management average tenure	1.8yrs
Board average tenure	5yrs

Recent management updates

Recent updates

Relais Group Oyj (HEL:RELAIS) Has Announced A Dividend Of €0.22

Apr 26

Relais Group Oyj's (HEL:RELAIS) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 11

Relais Group Oyj's (HEL:RELAIS) Upcoming Dividend Will Be Larger Than Last Year's

Mar 22

Why We're Not Concerned Yet About Relais Group Oyj's (HEL:RELAIS) 27% Share Price Plunge

Aug 26

Earnings Release: Here's Why Analysts Cut Their Relais Group Oyj (HEL:RELAIS) Price Target To €15.00

Aug 14

Is Relais Group Oyj (HEL:RELAIS) Trading At A 45% Discount?

Aug 09

Relais Group Oyj (HEL:RELAIS) Might Have The Makings Of A Multi-Bagger

Jul 08

The Return Trends At Relais Group Oyj (HEL:RELAIS) Look Promising

Feb 24

Here's Why I Think Relais Group Oyj (HEL:RELAIS) Might Deserve Your Attention Today

Jan 26

Here's Why Relais Group Oyj (HEL:RELAIS) Can Manage Its Debt Responsibly

Aug 31

Here's Why We Think Relais Group Oyj (HEL:RELAIS) Is Well Worth Watching

Aug 14

A Look At The Fair Value Of Relais Group Oyj (HEL:RELAIS)

Jun 04

Are Relais Group Oyj's (HEL:RELAIS) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 30

CEO Compensation Analysis

How has Arni Ekholm's remuneration changed compared to Relais Group Oyj's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	€264k	€248k	€14m
Sep 30 2023	n/a	n/a	€11m
Jun 30 2023	n/a	n/a	€11m
Mar 31 2023	n/a	n/a	€10m
Dec 31 2022	€234k	€305k	€10m
Sep 30 2022	n/a	n/a	€11m
Jun 30 2022	n/a	n/a	€12m
Mar 31 2022	n/a	n/a	€15m
Dec 31 2021	€503k	€276k	€14m
Sep 30 2021	n/a	n/a	€13m
Jun 30 2021	n/a	n/a	€11m
Mar 31 2021	n/a	n/a	€8m
Dec 31 2020	€262k	€224k	€7m

Compensation vs Market: Arni's total compensation ($USD281.66K) is below average for companies of similar size in the Finnish market ($USD648.68K).

Compensation vs Earnings: Arni's compensation has been consistent with company performance over the past year.

CEO

Arni Ekholm (59 yo)

8.7yrs

Tenure

€264,000

Compensation

Mr. Arni Ekholm M.Sc. (Int. Marketing), serves as Group Chief Executive Officer of Relais Group Oyj since September 15, 2015 and serves as its Member of Management Team since 2015 and serves as its Managin...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Arni Ekholm	MD & Group CEO	8.7yrs	€264.00k	0.37% € 812.8k
Thomas Ekstrom	Group Chief Financial Officer	1.1yrs	no data	no data
Jon Strand	Interim Director of Marketing & Sales Development	1.8yrs	no data	0% € 0
Ville Mikkonen	Managing Director of Finland & Baltic	no data	no data	0.96% € 2.1m
Juan Garcia	Regional Managing Director of Scandinavia	no data	no data	no data
Johan Carlos	MD of Strands Group AB & Member of Group Management Team	1.8yrs	no data	0.037% € 80.6k
Jan Popov	MD of Raskone Oy & Member of Group Management Team	1.8yrs	no data	0.37% € 817.3k
Sebastian Seppänen	Director of M&A and Business Development	1.8yrs	no data	0.0055% € 12.1k

1.8yrs

Average Tenure

46.5yo

Average Age

Experienced Management: RELAIS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Olli-Pekka Kallasvuo	Independent Director	5yrs	no data	no data
Jesper Otterbeck	Independent Chairman of the Board	5yrs	no data	0.049% € 106.6k
Anders Bengt Borg	Independent Director	2.1yrs	no data	0.33% € 723.0k
Lars Wilsby	Independent Director	2.1yrs	no data	0.17% € 361.5k
Katri Nygård	Director	9.3yrs	no data	0.58% € 1.3m

5.0yrs

Average Tenure

57yo

Average Age

Experienced Board: RELAIS's board of directors are considered experienced (5 years average tenure).

Relais Group Oyj Management

Management criteria checks 3/4

Key information

Recent management updates

Relais Group Oyj Appoints Thomas Ekström as Chief Financial Officer

Pekka Raatikainen to Resign as Chief Financial Officer of Relais Group Oyj, Effective 30 June 2023

Relais Group Oyj Announces Executive Changes

Relais Group Plc Announces Management Changes

High number of new directors

High number of new directors

Recent updates

Relais Group Oyj (HEL:RELAIS) Has Announced A Dividend Of €0.22

Dividend of €0.22 announced

Relais Group Oyj's (HEL:RELAIS) Shareholders Will Receive A Bigger Dividend Than Last Year

Relais Group Oyj Approves Dividend, Payable on 19 April 2024 and 11 November 2024

Upcoming dividend of €0.22 per share

Relais Group Oyj's (HEL:RELAIS) Upcoming Dividend Will Be Larger Than Last Year's

Final dividend of €0.22 announced

Full year 2023 earnings: EPS exceeds analyst expectations

Relais Group Oyj (HEL:RELAIS) Might Have The Makings Of A Multi-Bagger

Relais Group Oyj to Report Fiscal Year 2023 Final Results on Mar 18, 2024

Third quarter 2023 earnings released: EPS: €0.24 (vs €0.20 in 3Q 2022)

Upcoming dividend of €0.20 per share at 3.9% yield

Consensus EPS estimates fall by 16%, revenue upgraded

New major risk - Financial position

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Relais Group Oyj (HLSE:RELAIS) acquired Norwegian workshop equipment business unit from NDS Group AS.

New minor risk - Share price stability

Now 22% undervalued after recent price drop

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 11% to €15.30

Is It Time To Consider Buying Relais Group Oyj (HEL:RELAIS)?

Upcoming dividend of €0.20 per share at 3.7% yield

Now 20% undervalued

Full year 2022 earnings released: EPS: €0.56 (vs €0.44 in FY 2021)

Estimating The Fair Value Of Relais Group Oyj (HEL:RELAIS)

Relais Group Oyj Appoints Thomas Ekström as Chief Financial Officer

Now 21% undervalued

Pekka Raatikainen to Resign as Chief Financial Officer of Relais Group Oyj, Effective 30 June 2023

Relais Group Oyj to Report Fiscal Year 2022 Results on Mar 14, 2023

Relais Group Oyj (HLSE:RELAIS) signed an agreement to acquire S-E-T A/S from B & S Holding Aps.

Price target increased to €14.65

Relais Group plc Announces Change Of Dividend Policy

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus forecasts updated

Is It Too Late To Consider Buying Relais Group Oyj (HEL:RELAIS)?

Consensus forecasts updated

Consensus forecasts updated

Why We're Not Concerned Yet About Relais Group Oyj's (HEL:RELAIS) 27% Share Price Plunge

Consensus EPS estimates fall by 75%

Earnings Release: Here's Why Analysts Cut Their Relais Group Oyj (HEL:RELAIS) Price Target To €15.00

Second quarter 2022 earnings: Revenues miss analyst expectations

Relais Group Oyj Announces Executive Changes

Is Relais Group Oyj (HEL:RELAIS) Trading At A 45% Discount?

Relais Group Plc Announces Management Changes

Relais Group Oyj (HEL:RELAIS) Might Have The Makings Of A Multi-Bagger

High number of new directors

Relais Group Oyj (HLSE:RELAIS) completed the acquisition of Skeppsbrons Jonkoping Ab from Skeppsbrons Jönköping Holding AB for SEK 87.6 million.

Relais Group Oyj (HLSE:RELAIS) completed the acquisition of Skeppsbrons Jonkoping Ab from Skeppsbrons Jönköping Holding AB for SEK 87.6 million.

Consensus EPS estimates fall by 34%

First quarter 2022 earnings: Revenues miss analyst expectations

Relais Group Plc has signed an agreement to acquire Skeppsbrons Jonkoping Ab from Skeppsbrons Jönköping Holding Ab for approximately 85 million.

Price target decreased to €24.00

High number of new directors

High number of new directors

Relais Group Oyj Approves Dividend, Payable on 26 April 2022

Upcoming dividend of €0.36 per share

Now 20% undervalued after recent price drop

Consensus forecasts updated

Price target decreased to €24.00

Full year 2021 earnings: Revenues exceed analyst expectations

Relais Group Plc Proposes Dividend for the Financial Year 2021

Relais Group Oyj to Report Fiscal Year 2021 Results on Mar 02, 2022

The Return Trends At Relais Group Oyj (HEL:RELAIS) Look Promising

Now 21% undervalued after recent price drop

Insufficient new directors

Here's Why I Think Relais Group Oyj (HEL:RELAIS) Might Deserve Your Attention Today

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Third quarter 2021 earnings released