Viafin Service released its first quarter interim report on Monday morning, revealing that the maintenance company’s turnover decreased to EUR 15.0 million in the first quarter of 2024 compared to 16.4 million euros in the same period a year earlier. Despite this decrease, Viafin’s operating result improved to 0.2 million euros from 0.1 million euros in the previous year, and its EBITDA for January-March was 0.6 million euros, up from 0.4 million euros in the prior year.
Viafin has decided to maintain its financial guidance for the 2024 fiscal year, expecting an increase in turnover and an improvement in the relative operating result. The CEO, Heikki Pesu, highlighted the strategic extensions made by the company during the review period, including the acquisition of OT Service Oy. He also mentioned that Viafin’s current cash resources support ongoing growth and that prioritizing shareholder value remains a priority for the company.
Looking ahead to the 2024 financial year, Pesu estimates that approximately 85 percent of Viafin’s turnover will come from maintenance business, with the remaining 15 percent from project business. This strategic focus reflects Viafin’s commitment to continued growth and success.