Suominen (SUY1V) Q4 2025 earnings summary

Executive summary

• Q4 and full year 2025 results were unsatisfactory, with significant declines in sales and profitability due to challenging market conditions and major incidents at U.S. plants disrupting supply and customer relationships.

• A three-year Full Potential program and a EUR 10 million cost-saving initiative were launched to restore profitability, focusing on operational efficiency, cost competitiveness, and a new operating model.

• No dividend will be distributed for 2025.

• Leadership changes included a new CFO appointment effective June 2026 and a new CEO in August 2025.

Financial highlights

• Q4 2025 net sales fell 20% year-over-year to EUR 95.3 million; full year net sales declined 10.8% to EUR 412.4 million.

• Comparable EBITDA for Q4 was EUR 1.9 million; full year comparable EBITDA dropped to EUR 12.6 million from EUR 17.0 million in 2024.

• Operating loss for 2025 was EUR -5.9 million, with a net loss of EUR -12.1 million.

• Cash flow from operations improved to EUR 12.2 million for the year, supported by improved net working capital.

• Earnings per share for 2025 was EUR -0.21.

Outlook and guidance

• Comparable EBITDA is expected to improve in 2026 versus 2025’s EUR 12.6 million.

• Recovery of lost volumes from U.S. incidents is anticipated by Q2 2026, with normal order patterns resuming in April.

• Longer-term strategy and financial targets to be communicated later in 2026.