Architecture services firm Solwers' Q1 adjusted EBITA declines

Solwers Oyj

21/05/2026 06:40

Overview

Finland consultancy group's Q1 revenue grew 2.9% yr/yr under challenging market conditions

Q1 EBITA rose, while adjusted EBITA declined compared to prior year

Company says performance affected by intense price competition and weak construction market cycle

Outlook

Solwers expects 2026 EBITA to improve compared with the previous yr

Result Drivers

LOWER WORKING DAYS - January was weighed down by the holiday season and a low number of efficient working days, affecting performance

COST PRESSURE - Increase in personnel expenses raised fixed costs, despite a reduction in other fixed costs

Company press release: ID:nWkr9Vypmp

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 21.008 mln
Q1 EBIT
EUR 146,000
Q1 EBITA
EUR 257,000
Q1 EBITDA
EUR 1.13 mln


Analyst Coverage

The one available analyst rating on the shares is "sell"

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

Wall Street's median 12-month price target for Solwers Oyj is €2.10, about 0% even its May 19 closing price of €2.10

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 15 three months ago

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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.)