Broker Revenue Forecasts For Ilkka Oyj (HEL:ILKKA2) Are Surging Higher

Ilkka Oyj (HEL:ILKKA2) shareholders will have a reason to smile today, with the covering analyst making substantial upgrades to next year's forecasts. The analyst has sharply increased their revenue numbers, with a view that Ilkka Oyj will make substantially more sales than they'd previously expected.

Following the upgrade, the most recent consensus for Ilkka Oyj from its solo analyst is for revenues of €62m in 2025 which, if met, would be a meaningful 15% increase on its sales over the past 12 months. Before the latest update, the analyst was foreseeing €55m of revenue in 2025. The consensus has definitely become more optimistic, showing a substantial gain in revenue forecasts.

Check out our latest analysis for Ilkka Oyj

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's clear from the latest estimates that Ilkka Oyj's rate of growth is expected to accelerate meaningfully, with the forecast 12% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 8.2% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 1.8% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analyst also expect Ilkka Oyj to grow faster than the wider industry.

The Bottom Line

The highlight for us was that the analyst increased their revenue forecasts for Ilkka Oyj next year. They're also forecasting more rapid revenue growth than the wider market. Seeing the dramatic upgrade to next year's forecasts, it might be time to take another look at Ilkka Oyj.

Of course, this isn't the full story. We have estimates for Ilkka Oyj until 2026 from one covering analyst, and you can see them free on our platform here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.