Core Viewpoint - Tulikivi Corporation has lowered its earnings guidance for 2025, projecting net sales of approximately EUR 29.5 million and a comparable operating profit of around EUR -0.1 million [1][2]. Financial Performance - The revised estimate for 2025 indicates net sales are expected to be about EUR 29.5 million, down from the previous guidance of EUR 29–33 million [2]. - The comparable operating profit is now estimated to be around EUR -0.1 million, a significant decrease from the earlier forecast of EUR 1–2 million [2]. Reasons for Adjustment - The lowered outlook is attributed to underperformance in mining and production productivity during the last quarter of the year [2]. - Additionally, the recovery in demand within the fireplace market has been slower than anticipated [2]. Future Reporting - The figures for 2025 remain unaudited, with the financial statement release scheduled for March 6, 2026, and the final financial statements to be published on March 27, 2026 [3].
Tulikivi lowers its earnings guidance for 2025: Net sales are estimated to be approximately EUR 29.5 million and the comparable operating profit is estimated to be around EUR -0.1 million.
Globenewswire·2026-02-23 20:30