Finland's Summa Defence 2025 net loss widens on impairments, restructuring costs

Summa Defence Oyj

31/03/2026 14:55

Overview

Finland defence technology group's 2025 revenue rose, but company posted a net loss

Profitability weighed down by impairments, divestment losses and restructuring costs

Company expects 2026 net sales to rise and EBITDA to turn positive, citing strong order book

Outlook

Summa Defence sees 2026 net sales from continuing operations at EUR 110-120 mln

Company expects EBITDA to turn positive in 2026, with growth focused in H2

Summa Defence says cost savings will be fully reflected from H2 2026 onwards

Result Drivers

IMPAIRMENTS AND RESTRUCTURING COSTS - Profitability was weighed down by impairment charges, divestment losses and higher goodwill amortization from restructuring

HIGHER REVENUE FROM DEFENCE DEMAND - Revenue growth driven by increased demand in the security and defence sector and merger effects

EARLY-STAGE COSTS AND UNPROFITABLE OPERATIONS - Early-stage costs from establishing the new company and unprofitable business operations weighed on results

Company press release: ID:nWkr9w4rHV

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
EUR 100.9 mln
FY EBIT
-EUR 19.8 mln


Analyst Coverage

The stock recently traded at 347 times the next 12-month earnings vs. a P/E of 729 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.)