Finland's Sitowise Q1 revenue rises 1.8%, margin falls

Sitowise Oyj

06/05/2026 06:47

Overview

Finland technical consulting firm's Q1 revenue rose 1.8% yr/yr despite market uncertainty

Adjusted EBITA margin fell due to write-downs in Buildings business

Company withheld 2026 guidance citing unpredictable construction market recovery

Outlook

Sitowise has decided not to issue net sales or profitability guidance for 2026

Company expects technical consulting market to remain mixed in 2026

Cost inflation, currency fluctuations and financing expenses expected to impact 2026 results

Result Drivers

BUILDINGS WRITE-DOWNS - Write-downs on older projects in the Buildings business reduced net sales and profitability

INFRA GROWTH - Infra business drove growth, supported by road and rail projects secured in 2025

UTILIZATION RATE - Improved utilization rate across all business areas contributed to operational performance

Company press release: ID:nWkr6R0fy8

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 49 mln
Q1 EPS
-EUR 0.04
Q1 Net Income
-EUR 1.30 mln
Q1 Adjusted EBITA
EUR 1.90 mln
Q1 EBITA
EUR 900,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for Sitowise Group Oyj is €2.60, about 8.3% above its May 5 closing price of €2.40

The stock recently traded at 103 times the next 12-month earnings vs. a P/E of 120 three months ago

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.)