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Tulikivi is revising downward and focusing its guidance for 2025: Net sales are expected to be EUR 29 to 33 million and comparable operating profit is expected to be EUR 1 to 2 million
Globenewswire·2025-09-17 13:00

Core Viewpoint - Tulikivi is revising its guidance for 2025, expecting lower net sales and operating profit due to slower recovery in the fireplace market [1] Group 1: Financial Guidance - The revised net sales for 2025 are projected to be between EUR 29 million and EUR 33 million, with a comparable operating profit expected to be between EUR 1 million and EUR 2 million [1] - In comparison, the net sales for 2024 were EUR 33.3 million, and the comparable operating profit was EUR 2.1 million [1] Group 2: Market Conditions - The downward revision in guidance is attributed to a slower-than-expected recovery in demand within the fireplace market [1]