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Nordic Fibreboard (SKN1T) investor relations material
Nordic Fibreboard Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q4 2025 revenue rose 14.7% year-over-year to €1.74 million, driven by increased industrial sector orders and growth in the Finnish market.
Full-year 2025 revenue declined 3.5% to €7.33 million, with a net loss of €1.15 million, compared to a €786 thousand loss in 2024.
EBITDA for Q4 2025 was negative €335 thousand, with a margin of -19%; full-year EBITDA was negative €420 thousand.
Factory shutdown in December 2025 for a planned boiler house upgrade negatively impacted profitability.
Financial highlights
Q4 2025 net loss was €580 thousand, up from €427 thousand in Q4 2024.
Gross margin improved to 0% in Q4 2025 from -4.8% in Q4 2024.
Total assets increased to €9.3 million at year-end 2025 from €8.3 million in 2024.
Equity rose to €4.46 million, while liabilities increased to €4.86 million.
Earnings per share for 2025 were -€0.14, compared to -€0.17 in 2024.
Outlook and guidance
Fibreboard demand expected to remain stable; focus on Nordic market expansion and product development.
Completion of energy efficiency investments, including a new boiler system, scheduled for January 2026.
Real estate segment progressing with Admirali Quarter development; preliminary agreement for sale of ten properties signed in January 2026.
- Revenue up, EBITDA positive, net loss narrowed; share capital raised to strengthen finances.SKN1T
Q3 202529 Nov 2025 - Revenue and profitability declined in Q2 2025, with restructuring and sustainability focus ongoing.SKN1T
Q2 202528 Aug 2025 - Revenue up 8% in Q3 2024, but higher costs led to a net loss and negative EBITDA.SKN1T
Q3 202413 Jun 2025 - Q2 2024 revenue up 8% year-over-year, but net loss widened on revaluation loss.SKN1T
Q2 202413 Jun 2025 - Net loss widened on lower sales and weak construction demand, especially in Finland.SKN1T
Q1 20256 Jun 2025 - Q4 revenue up 15% but net loss deepened; 2025 outlook cautious amid sector headwinds.SKN1T
Q4 20245 Jun 2025
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Next Nordic Fibreboard earnings date
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