Estonia's Nordecon reports 2025 revenue down 7% on Buildings segment weakness

Nordecon AS

05/02/2026 06:09

Overview

Estonian construction firm's 2025 revenue fell due to a 10% decline in Buildings segment

Infrastructure segment revenue grew by 10% in 2025

Company's order book grew by 30%, indicating potential revenue growth in 2026

Outlook

Nordecon expects business volumes to increase in 2026

Company's order book grew by 30%, supporting future revenue growth

Company focuses on managing fixed costs and increasing productivity

Result Drivers

BUILDINGS SEGMENT DECLINE - Revenue from the Buildings segment fell by 10%, impacting overall revenue

INFRASTRUCTURE GROWTH - Infrastructure segment revenue grew by 10%, driven by major projects like Rail Baltica

ORDER BOOK EXPANSION - Order book grew by 30%, driven by nearly threefold increase in Infrastructure segment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
EUR 60.62 mln
Q4 EPS
-EUR 0.01
Q4 Net Income
-EUR 43,000
Q4 Basic EPS
-EUR 0.01
Q4 Gross Profit
EUR 3.62 mln
Q4 Operating Income
EUR 895,000


Press Release: ID:nGNE55YRW5

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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.)