Finland's Relais Q4 net sales rise 29% driven by acquisitions

Relais Oyj

13/02/2026 07:11

Overview

Finland commercial vehicle aftermarket firm's Q4 net sales rose 29%, driven by acquisitions

Comparable EBITA for Q4 grew 2%, margin impacted by market conditions

Company completed eight acquisitions in 2025, strengthening market position

Outlook

Relais Group expects stable demand but notes continued market uncertainty

Relais Group plans strategic update with new long-term financial targets by summer

Result Drivers

ACQUISITIONS DRIVE SALES - Q4 net sales rose 29% primarily due to acquisitions, despite a 2% decline in organic sales

MARGIN PRESSURE - Comparable EBITA margin fell to 9.2% due to resource underutilization and investments in growth initiatives

BUSINESS MIX SHIFT - Shift towards Repair and Maintenance segment, which has lower margins, affected overall profitability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
EUR 116.63 mln
Q4 EBIT
EUR 8.04 mln
Q4 EBITDA
EUR 15.97 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

Wall Street's median 12-month price target for Relais Group Oyj is €19.00, about 12.4% above its February 12 closing price of €16.90

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 13 three months ago

Press Release: ID:nWkrbSKhFp

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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.)