Outlook and financial targets

Outlook for 2025 

The second quarter of the year has had a turbulent start, and the environment is expected to remain uncertain and difficult to predict in 2025, with widening geopolitical risks and concerns about the sustainability of economic growth adding to market uncertainty. Global tariffs imposed by the U.S., followed by counter-tariffs imposed by the rest of the world, have increased fears of a global trade war. If this were to materialize, it would lower growth forecasts across the board and accelerate inflation.

Due to the uncertain market environment, stock market volatility has increased, and market values have fallen. If investor confidence deteriorates further and market values continue to decline, it will have a negative impact on Evli's fee income and the return on its own investment portfolio.

Despite the challenging operating environment, Evli has succeeded in strengthening its position in the market. Growth has been supported by a wide product range and customer base. With a strong market position and growth outlook, Evli estimates the operating result to be clearly positive.

Financial targets

Evli’s strategy is guided by its long-term financial targets: 

  • Significant growth of AUM (EUR 30 billion) over the long-term
  • EBIT margin of 30%
  • High return on equity (25%)
  • Recurring revenue ratio in excess of 130%.