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].

Financial Calendar - Martela Corporation will publish its Annual Report for 2025 during week 11 of 2026 [1] - The Financial Statement Release for 2025 is scheduled for February 25, 2026 [4] - The Financial Review for January-March 2026 will be released on May 12, 2026 [4] - The Half Year Report for January-June 2026 is set for August 12, 2026 [4] - The Financial Review for January-September 2026 will be published on November 11, 2026 [4] Annual General Meeting - The Annual General Meeting is planned for April 8, 2026, at 14:00 [1] - Shareholders wishing to include matters on the agenda must submit requests in writing by January 30, 2026 [2] Company Overview - Martela Corporation is a Nordic leader in user-centric working and learning environments [3] - The company offers Martela Lifecycle solutions, which integrate furniture and related services [3]

Core Insights - Martela Corporation has reported weaker than expected revenue and order intake in key market areas during the current quarter, leading to a revision of its full-year profit forecast [1] - The company anticipates full-year 2025 revenue to be between EUR 91-93 million, an increase from EUR 86.7 million in 2024, but expects an operating loss of EUR 1.1-2.3 million, an improvement from the EUR 6.5 million loss in 2024 [1] Revenue and Profit Forecast - The new revenue guidance for 2025 indicates a growth compared to the previous year, with an estimated revenue of EUR 91-93 million [1] - The operating result is projected to be negative, with an estimated operating loss of EUR 1.1-2.3 million for 2025 [1] - Previous guidance had anticipated revenue growth and an operating profit close to zero for 2025 [2]

Core Insights - Martela Corporation reported improved revenue and operating results for January-September 2025 compared to the same period in 2024, with a profitable operating result in the third quarter [1][10][12]. Financial Performance - Revenue for July-September 2025 was EUR 20.7 million, unchanged from the same period last year, while revenue for January-September 2025 was EUR 70.9 million, reflecting a 14.5% increase from EUR 61.9 million in 2024 [5][10]. - The operating result for July-September 2025 was EUR 0.3 million, a significant improvement from a loss of EUR 0.9 million in the same period last year [5][12]. - The overall operating result for January-September 2025 was a loss of EUR 1.2 million, improved from a loss of EUR 4.8 million in 2024 [5][11]. - Earnings per share for July-September 2025 were EUR -0.09, compared to EUR -0.28 in the same period last year [5][9]. Market Outlook - Martela anticipates an increase in revenue for the full year 2025 compared to 2024, with expectations of operating profit close to zero [4]. - The company noted a slight decrease in new orders by about 1% during the review period, with revenue growth primarily in Finland, while other markets saw declines [10]. - The competitive landscape remains intense, but pressure on margins has lessened compared to the second half of 2024 [16]. Strategic Focus - The company is concentrating on improving profitability and cash flow, with measures already yielding commendable results expected to be fully realized later in the year [13]. - Martela aims to enhance customer engagement and develop service channels while maintaining a focus on sustainability and circular economy principles [14][15].

Core Viewpoint - Martela Corporation reported improved revenue and operating results for the first half of 2025, with a profitable operating result in the second quarter, indicating a positive trend in customer demand and operational efficiency [1][12][13]. Financial Performance - Revenue for April-June 2025 was EUR 24.6 million, a 17.0% increase from EUR 21.0 million in the same period last year [5][11]. - Revenue for January-June 2025 reached EUR 50.2 million, representing a 21.8% increase compared to EUR 41.2 million in the previous year [5][11]. - The operating result for April-June 2025 was EUR 0.1 million, recovering from a loss of EUR -1.6 million in the same quarter last year [5][12]. - The operating result for January-June 2025 was a loss of EUR -1.4 million, an improvement from EUR -3.8 million in the previous year [5][12]. - The result for the period in April-June 2025 was EUR -0.4 million, compared to EUR -2.1 million in the same period last year [5][9]. - Earnings per share for January-June 2025 were EUR -0.54, improving from EUR -1.04 in the previous year [5][9]. Market Demand and Orders - Customer demand strengthened in the first half of 2025, with total new orders increasing by approximately 8% compared to the same period last year [10]. - The order backlog at the end of the review period was approximately 20% higher than the same time last year, indicating a healthy demand outlook [10]. Operational Efficiency - The improvement in operating results was attributed to higher revenue and a decrease in administrative and fixed costs due to efficiency measures [12]. - The company expects to continue improving average profit margins for upcoming projects and products in the second half of 2025 [13][14]. Future Outlook - Martela anticipates revenue growth for the full year 2025 compared to the previous year, with a focus on improving profitability and cash flow [4][14]. - The company plans to invest in customer engagement and enhance its service channels while maintaining a focus on sustainability [15]. - The market situation is expected to improve slightly in the second half of 2025, driven by evolving work methods and accumulated needs for office space changes [17].

Core Insights - Martela Corporation reported improved revenue for Q1 2025 compared to Q1 2024, but the operating result remained a loss [1][4][10] - The company anticipates revenue growth for the full year 2025 and aims for an operating profit close to zero [3][4] Financial Performance - Revenue for Q1 2025 was EUR 25.6 million, a 26.6% increase from EUR 20.2 million in Q1 2024 [4][10] - The operating result was a loss of EUR 1.6 million, an improvement from a loss of EUR 2.2 million in the same period last year, reflecting a 29.6% reduction in losses [4][10] - The result before taxes improved to a loss of EUR 2.1 million from a loss of EUR 2.5 million, a 17.9% improvement [4][10] - Earnings per share improved to EUR -0.45 from EUR -0.60, a 24.43% reduction in losses [4][10] Market Demand and Orders - Customer demand strengthened in Q1 2025, with total new orders increasing by approximately 12% compared to Q1 2024 [7] - The order backlog at the end of Q1 2025 was approximately 30% higher than the same time last year [7] Strategic Focus and Outlook - The company is focusing on improving profitability and cash flow, with measures already implemented to enhance efficiency [12] - Martela plans to continue investing in customer engagement and developing service channels, while maintaining a circular economy service model [13] - The overall market situation is showing signs of gradual strengthening, with expectations for slight demand increases due to evolving work methods [14]

Core Viewpoint - Martela Corporation is implementing plans to enhance and reorganize its operations to address adverse market conditions and adjust its cost structure, with a focus on improving efficiency and reducing fixed costs [1][2][3] Group 1: Operational Changes - The company plans to improve the efficiency of operations and removal services, with anticipated annual savings of approximately EUR 0.5-0.7 million, partially realized in 2025 and fully effective in 2026 [2] - The planned measures will result in a permanent reduction of about 30 jobs, affecting personnel in Finland, and involve closer cooperation with external service providers [2] Group 2: Financial Performance - Martela's financial performance has been unsatisfactory, with a challenging market situation in recent years, necessitating the planned adjustment measures to ensure competitiveness and reduce costs [3] - The company is also focusing on optimizing working capital as part of its overall strategy [3] Group 3: Company Overview - Martela Group employs approximately 350 people across Finland, Sweden, Norway, and Poland, and specializes in user-centric working and learning environments [4]