Finland's Suominen Q1 revenue falls 19% on lower volumes

Suominen Oyj

07/05/2026 07:37

Overview

Finland nonwovens maker's Q1 revenue fell 19% yr/yr on lower volumes, currency effects

Comparable EBITDA dropped, mainly due to lower volumes and unfavorable product mix

Company expects 2026 comparable EBITDA to improve from 2025 as cost-saving program progresses

Outlook

Suominen expects 2026 comparable EBITDA to improve from 2025's EUR 12.6 mln

Company targets 10% EBITDA margin and 2x–3x leverage ratio by 2028

Suominen says macroeconomic uncertainty and geopolitical tensions may impact input costs

Result Drivers

LOWER VOLUMES - Co said sales volumes declined due to incidents at US facilities in 2025 and capacity adjustments in Europe

UNFAVORABLE PRODUCT MIX - Co said profitability was impacted by an unfavorable product mix

COST SAVINGS - Cost-saving program partly offset lower volumes and product mix impact

Company press release: ID:nGNE3Sg6gW

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 95.60 mln
Q1 Net Income
-EUR 5.70 mln
Q1 Basic EPS
-EUR 0.10
Q1 EBIT
-EUR 4.40 mln
Q1 EBITDA
-EUR 300,000


Analyst Coverage

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

The average consensus recommendation for the textiles & leather goods peer group is "buy."

Wall Street's median 12-month price target for Suominen Oyj is €1.10, about 4.8% above its May 6 closing price of €1.05

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.)