Finland's Spinnova revenue drops sharply in 2025

Spinnova Oyj

12/02/2026 06:39

Overview

Finnish textile innovator's 2025 revenue fell significantly yr/yr

Company reported substantial operating loss, impacted by joint venture impairment

Company completed acquisitions of Woodspin Oy and Suzano Finland Oy

Outlook

Spinnova does not provide financial guidance for year 2026

Company focuses on improving cost-efficiency and expanding raw material base

Spinnova exploring fibre applications outside textiles for higher added value

Result Drivers

TECHNOLOGY ADVANCEMENTS - Spinnova focused on improving cost-efficiency and expanding its raw material base, reducing energy consumption by over 50% in MFC manufacturing

STRATEGIC ACQUISITIONS - Acquired full ownership of Woodspin Oy and Suzano Finland Oy, enabling unrestricted technology licensing

BUSINESS CONSORTIUM - Developed an international business consortium with partners like ARMEDANGELS and TOMMY HILFIGER

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
EUR 344,000
FY Adjusted EPS
-EUR 0.78
FY Net Income
-EUR 40.69 mln
FY EBIT
-EUR 41.34 mln
FY Investments
EUR 1.31 mln


Analyst Coverage

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

The average consensus recommendation for the specialty chemicals peer group is "buy."

Wall Street's median 12-month price target for Spinnova Oyj is €0.45, about 2.2% below its February 11 closing price of €0.46

Press Release: ID:nWkr1PPWx

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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.)