Finland's Digitalist Group Q1 revenue falls 14% on client caution

Digitalist Oyj

24/04/2026 07:10

Overview

Finland digital consultancy's Q1 2026 revenue fell 14% yr/yr to EUR 3.8 mln

EBITDA loss and net loss both widened compared to Q1 2025

Company cites client caution and slower project starts in Nordic markets for weaker results

Outlook

Company expects 2026 turnover and EBITDA to improve versus 2025

Result Drivers

CLIENT CAUTION - Co said continued caution among clients in Nordic markets led to slower project starts and weaker turnover

LONGER DECISION CYCLES - Co said longer decision cycles and tighter budgets affected project starts

COST SAVINGS - Cost savings in personnel and reduced use of subcontractors partially offset lower turnover

Company press release: ID:nGNE9Tg7VN

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 3.80 mln
Q1 Adjusted EPS
-EUR 0.45
Q1 Net Income
-EUR 1.30 mln
Q1 EBIT
-EUR 500,000
Q1 EBITDA
-EUR 400,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)