Financial Highlights
- Order intake: EUR 93.3 million
- Net sales: EUR 82.3 million
- Recurring EBITDA: EUR 1.2 million
- EBITDA: EUR 0.3 million
- Financials excluding divested businesses
- Order intake: EUR 93.3 million
- Net sales: EUR 82.3 million
- Operational Highlights
- Group-wide performance improvement program ongoing
- Investments completed in Narva (Estonia), Holic (Slovakia), and Gliwice (Poland)
- President CEO Mika Mahlberg’s Comments
- Market challenges and profitability impacts
- Importance of sustainability and SmartCabin product
- Balance sheet strengthening and subsidiary sale
Key Figures
- Net sales: EUR 82.3 million
- EBITDA: EUR 0.3 million
- Recurring EBITDA: EUR 1.2 million
- ROCE: -5.0%
- Equity ratio: 9.5%
- Net gearing: 542.9%
Guidance for 2025
- Net sales forecast: EUR 335-350 million
- Recurring EBITDA forecast: EUR 20-23 million
Changes in Management
- Lars Hellberg appointed to Supervisory Board
- Mika Mahlberg appointed as President CEO
Events After Review Period
- Initiation of written procedure on senior secured bonds
- Profit forecast for 2025 and long-term financial outlook
- Completion of amendments to senior secured bonds
- Sale of subsidiary in Serbia
Financial Reporting in 2025
- Half-Year Review on August 29, 2025
- Business Review on November 26, 2025
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