Finland's Lamor Q2 revenue falls on weak orders

Lamor Oyj

28/07/2026 07:16

Overview
Finland environmental solutions firm's Q2 revenue declined yr/yr amid challenging market conditions
Adjusted EBIT for Q2 fell as order intake remained below prior-year levels
Company completed Kilpilahti facility commissioning and announced new financing arrangements after period end

Outlook
Lamor expects 2026 revenue of EUR 80–92 mln
Company expects 2026 adjusted operating profit at or above 2025 level
Lamor says revenue and profitability will be weighted toward the second half of 2026

Result Drivers
CAUTIOUS CUSTOMER DECISION-MAKING - Co said geopolitical uncertainty has made customers more cautious and project timing harder to predict
COST SAVINGS PROGRAMME - Co said it progressed with its cost savings programme, aiming for EUR 8 mln in annual savings by end-2026
OPERATING MODEL CHANGE - Co said transition to a global operating model improved agility and resource allocation

Company press release: ID:nMFN2tDVL2

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
EUR 20.02 mln
 
Q2 Adjusted EBIT
 
EUR 764,000
 
Q2 EBITDA
 
EUR 1.16 mln
 
Q2 EBITDA Margin
 
5.80%
 
Q2 Orders
 
EUR 19.02 mln
 

Analyst Coverage
The one available analyst rating on the shares is "sell"
The average consensus recommendation for the environmental services & equipment peer group is "buy."
Wall Street's median 12-month price target for Lamor Corporation Oyj is €0.90, about 2% below its July 27 closing price of €0.92
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Reuters Recommended Reads
July 27 - Germany's Hochtief H1 operational net profit rises on infrastructure demand; raises guidance
July 27 - Egide H1 revenue falls on customer program delays, Santier production halt

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)