Inside information

Enento Group updates its strategy and long-term financial targets - Seite 3

Throughout the strategy period, fundamental growth is anticipated from credit information services, covering both consumer credit and business credit offerings. Despite the Company’s already strong market position, potential is recognized to further reinforce advantages in the future through development of value-added services in the areas such as PSD2 and fraud prevention. Enento has identified significant opportunities in underdeveloped customer verticals and segments, creating opportunities for expansion and broader market penetration. The Company is also actively following developments in Finnish and Swedish legislation related to credit registers and credit information.

Priority growth areas

Furthermore, the Company has identified three priority growth areas: ESG, compliance, and master data services. While already providing services in these areas, the Company’s offerings are currently limited (e.g., compliance offering outside Finland) or in response to evolving customer needs (e.g., ESG in lending processes). Enento’s objective is to expand its presence in these high-growth service sectors through development and innovation. Master data plays a crucial role as a fundamental enabler for credit and business information businesses, presenting strong identified synergies. By directing investments and activities towards these three growth areas, as well as continuously enhancing the existing offerings synergistic to Enento’s core capabilities and activities, the Company aims to support customers' constant needs for better decision-making.

The primary growth areas in the strategy period include Finland and Sweden, focusing on market penetration and exploring new customer verticals. Furthermore, the Company intends to leverage its scalable business model to capitalize on the opportunity and introduce selected offerings in Norway and Denmark. Enento has also recognized unexploited potential in strengthening its position within the small and medium-sized enterprises and large corporations segments across all markets, aiming to provide an efficient and scalable offering tailored to these customer segments. Additionally, underlying market growth related to industry trends, driven by economic activity and household lending volumes, contributes to organic growth potential within the industry. The Company anticipates that the data market, including data-as-a-service, in Europe will maintain a robust growth rate in the high single digits over the coming years. This favorable trend presents opportunities for Enento to develop new services and enhance its current offerings.