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Chipotle's story from a single restaurant to a nationwide chain, through crisis and turnaround, built on one of the strongest models in the industry.
Martela
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Martela Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary12 May, 2026
Executive summary
Revenue for Q1 2026 was EUR 17.5 million, down 31.9% year-over-year, with declines in all market areas.
Operating result was EUR -1.9 million, a further loss compared to EUR -1.6 million last year.
Net result for the period was EUR -2.4 million, with EPS at EUR -0.52.
Customer demand and order intake weakened, especially for large office projects, with new orders down 29% in the Nordics.
Efficiency measures and improved project margins partially offset revenue decline, but were insufficient to return to profitability.
Financial highlights
Revenue: EUR 17.5 million (Q1 2025: EUR 25.6 million), a 31.9% decrease.
Operating result: EUR -1.9 million (Q1 2025: EUR -1.6 million).
Net result: EUR -2.4 million (Q1 2025: EUR -2.1 million).
Cash flow from operating activities improved to EUR 0.8 million (Q1 2025: EUR -0.2 million).
Personnel costs decreased to EUR 5.0 million (Q1 2025: EUR 5.6 million); average headcount fell 14%.
Outlook and guidance
Full-year 2026 revenue expected at EUR 75–85 million.
Comparable operating result forecasted between EUR +1 million and EUR -2 million.
Demand in main markets not expected to strengthen materially before late 2026.
Negative profit warning issued in April 2026, lowering revenue and earnings guidance.
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Latest events from Martela
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- Revenue and profit fell, but Q3 new orders increased and outlook stabilizes.MARASQ3 202413 Jun 2025
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- Revenue up 26.6% in Q1 2025, but profitability remains challenged amid ongoing restructuring.MARASQ1 20256 Jun 2025
- 2024 saw steep losses and margin pressure, but order growth and restructuring signal a cautious recovery.MARASQ4 20245 Jun 2025
Next Martela earnings date
Q2 202612 Aug, 2026
Martela
Next Martela earnings date
Q2 202612 Aug, 2026
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@theshortbearx.com
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