Nordea
May 10, 2026
Suominen Soft Sales Development Continued in Q1
Single Stock ReportEquitiesMaterials
Suominen's Q1 2026 results significantly missed expectations with a 33% EBITDA shortfall and a 19% decline in net sales. While guidance was reiterated, the analyst anticipates consensus estimates will be trimmed due to operational headwinds and mounting raw material costs.
Key Takeaways
- 1.Q1 2026 comparable EBITDA of EUR 2.2m was 33% below Vara Research consensus expectations.
- 2.Net sales fell 19% year-over-year to EUR 96m, impacted by FX and prior incidents in US facilities.
- 3.The company has launched a new three-year profitability program targeting a 10% EBITDA margin by 2028.
Table of Contents
- Q1 comparable EBITDA fell short of expectations
- Progress of the three-year profitability improvement programme
- Guidance intact
- SUOMINEN: Q1 DEVIATION TABLE
- SUMMARY TABLE - KEY FIGURES
- Fair value and sensitivity
- Marketing material
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Authors
Joni Sandvall
Securities
Suominen Oyj
Themes
Operational TurnaroundEarnings Miss vs Consensus
Regions
North AmericaEuropeFinlandUnited StatesSpain
