Overview
Finland nonwovens maker's Q4 net sales fell 19.6% yr/yr to EUR 95.3 mln
Comparable EBITDA for Q4 declined to EUR 1.9 mln from EUR 4.2 mln
Company proposes no dividend for 2025 due to unsatisfactory performance
Outlook
Suominen expects 2026 comparable EBITDA to improve from EUR 12.6 mln in 2025
Company plans to launch a program in 2026 to enhance performance
Suominen anticipates continued growth in the nonwovens market in 2026
Result Drivers
SUPPLY DISRUPTIONS - Incidents at US facilities constrained supply, impacting sales and profitability in Q3 and Q4
COST-SAVING INITIATIVES - Cost-saving program launched in Q2 2025 aimed at EUR 10 mln in benefits over 24 months
NEW PRODUCT CONTRIBUTION - New products accounted for 24% of Q4 net sales and 27% for the full year
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
EUR 95.30 mln
Q4 Net Income
-EUR 3.90 mln
Q4 Basic EPS
-EUR 0.07
Q4 EBIT
-EUR 3.20 mln
Q4 EBITDA
EUR 1.30 mln
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 €1.60, about 1.2% below its January 28 closing price of €1.62
The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 118 three months ago
Press Release: ID:nGNE5cTK7b
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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.)