Finland's Sitowise Q2 net sales rise 1.2%, boosted by infra business

Sitowise Oyj

12/08/2026 06:39

Overview
Finland technical consulting firm's Q2 net sales rose 1.2% yr/yr
Adjusted EBITA for Q2 was flat yr/yr at EUR 3.2 mln
Company completed sale of Swedish subsidiary after quarter end

Outlook
Sitowise says market outlook for 2026 remains uncertain, especially in construction
Company expects stable demand in Infra, weak but improving conditions in Buildings, and continued challenges in Digital Solutions
Sitowise declines to issue net sales and profitability guidance for 2026 due to significant uncertainty

Result Drivers
INFRA PERFORMANCE - Stable demand and project wins in Infra business supported net sales and profitability
BUILDINGS WEAKNESS - Weak construction market weighed on Buildings business, though data center projects supported order intake
DIGITAL SOLUTIONS CHALLENGES - Digital Solutions business faced continued weak demand, leading to restructuring for efficiency

Company press release: ID:nWkr8nhxrx

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
EUR 43.10 mln
 
Q2 Loss Per Share
 
EUR 0.01
 
Q2 Net Loss
 
EUR 200,000
 
Q2 Adjusted EBITA
 
EUR 3.20 mln
 
Q2 EBITA
 
EUR 2.10 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and 1 "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 €2.70, about 1.9% above its August 11 closing price of €2.65

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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.)