Investors House reported a disappointing Q1, but the negative earnings deviation was partly explained by higher-than-normal Q1 costs, including property tax. Investors House has been marginally impacted by COVID-19 but it is preparing for changes in the market environment. The EUR ~50m residential project in Tikkurila is ongoing and could be an important value driver for the company in the next few years. Marketing material commissioned by Investors House.

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