Core Insights - Martela Corporation reported an increase in revenue for the year 2025, with total revenue reaching EUR 93.7 million, an 8.1% increase from EUR 86.7 million in 2024 [10][18]. - The operating result for the year was a loss of EUR -1.1 million, although there was a slight profit of EUR 0.1 million in the fourth quarter [11][12]. - The company anticipates a slight decrease in revenue for the full year 2026 but expects a comparable operating result to be profitable [4]. Financial Performance - For the fourth quarter of 2025, revenue was EUR 22.8 million, down 8.0% from EUR 24.7 million in the same period of 2024 [5][16]. - The operating result for the fourth quarter was EUR 0.1 million, a significant improvement from a loss of EUR -1.8 million in the previous year [9][12]. - The overall result before taxes for the year was EUR -3.2 million, compared to EUR -8.2 million in 2024 [19]. Market Conditions - The economic environment in the Nordic countries remained challenging throughout 2025, with weak demand impacting procurement decisions [8][15]. - Revenue growth was observed in Finland and other countries, while it decreased in Norway and remained stable in Sweden [10][18]. - The company faced intense competition, which continued to pressure margins [15]. Operational Insights - The improvement in operating results was attributed to higher revenue and cost reductions from efficiency measures implemented during the year [11]. - The company experienced a 12% decrease in total new orders during 2025 compared to the previous year, with unsatisfactory order intake in the second half of the year [10]. - Martela plans to focus on improving operational profitability and enhancing administrative cost efficiency in 2026 [13]. Future Outlook - The company is optimistic about the long-term future, citing positive customer feedback and a slight market recovery as encouraging signs for 2026 [14]. - Martela aims to enhance presence-based work environments to improve productivity, responding to the trend of increased remote work in Finland [14]. - The Board of Directors has proposed no dividend distribution for 2025, reflecting the company's focus on liquidity and operational improvements [24].