View ValuationLuotea Oyj 향후 성장Future 기준 점검 4/6Luotea Oyj (는) 각각 연간 38.8% 및 2.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 38.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 23.5% 로 예상됩니다.핵심 정보38.8%이익 성장률38.78%EPS 성장률Commercial Services 이익 성장14.5%매출 성장률2.1%향후 자기자본이익률23.50%애널리스트 커버리지Low마지막 업데이트07 May 2026최근 향후 성장 업데이트공고 • Feb 15Lassila & Tikanoja plc Provides Earnings Guidance for the Year 2025Lassila & Tikanoja plc provided earnings guidance for the year 2025. Net sales in 2025 are estimated to be at the same level as in the previous year.공고 • Aug 02Lassila & Tikanoja plc Updates Earnings Guidance for the Full Year of 2024Lassila & Tikanoja plc updates earnings guidance for the full year of 2024. For the period, the company net sales are estimated to be at the same level as in the previous year. Previously stated outlook for the year 2024: Net sales are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.공고 • Apr 28Lassila & Tikanoja plc Provides Earnings Guidance for the Year 2024Lassila & Tikanoja plc provided earnings guidance for the year 2024. Net sales in 2024 are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.공고 • Feb 09+ 1 more updateLassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2024Lassila & Tikanoja Oyj provided earnings guidance for the year 2024. Net sales in 2024 are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.공고 • Oct 27Lassila & Tikanoja plc Provides Sales Guidance for the Fiscal Year 2023Lassila & Tikanoja plc provided sales guidance for the fiscal year 2023. for the year, the company expects Net sales in 2023 are estimated to be at the same level as in the previous year even though the comparison period includes net sales from the renewable energy sources business in the amount of EUR 35.4 million.공고 • Jul 26Lassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2023Lassila & Tikanoja Oyj provided earnings guidance for the year 2023. Net sales in 2023 are estimated to be at the same level as in the previous year even though the comparison period includes net sales from the renewable energy sources business in the amount of EUR 35.4 million.모든 업데이트 보기Recent updates공고 • Apr 30Luotea Oyj Approves Dividend for the Financial Year 2025, Payable on 11 May 2026Luotea Oyj at the Annual General Meeting held on 29 April 2026 resolved that a dividend of EUR 0.07 per share be paid on the basis of the balance sheet to be adopted for the financial year 2025. The dividend will be paid to a shareholder who is registered in the company’s shareholder register maintained by Euroclear Finland Oy on the record date for the dividend, 4 May 2026. The dividend will be paid on 11 May 2026.공고 • Feb 27Luotea Oyj Proposes Dividend for the Financial Year 2025, Payable on 11 May 2026The Board of Directors of Luotea Oyj proposed to the Annual General Meeting that a dividend of EUR 0.07 per share be paid for the financial year 2025. The dividend will be paid to a shareholder who is registered in the company’s shareholder register maintained by Euroclear Finland Oy on the record date for the dividend, 4 May 2026. The Board proposes that the dividend be paid on 11 May 2026. No dividend will be paid on treasury shares held by the company on the record date 4 May 2026.공고 • Feb 11Luotea Appoints Hanna Inget (M.Sc. Econ.) as the Chief Commercial Officer and A Member of the Executive Management TeamLuotea appointed Hanna Inget(M.Sc. Econ.) as the company’s Chief Commercial Officer and a member of the Executive Management Team. She will take up her position on 1 March 2026. In her role, Inget will be responsible for Luotea’s growth, commercial operations, and customer experience. The appointment supports Luotea’s strategy, which focuses on achieving annual growth of 4–5%, strengthening customer experience, and developing data-driven, technology-enabled service models. The strategy aims to enhance service quality, sustainability, and efficiency while building the best customer experience in the industry. Inget has extensive experience in leading international service and growth businesses. She joins Luotea from her position as CEO of 24 Center, where she has been responsible for the company’s international expansion and for significantly improving its profitability. Prior to this, she spent more than ten years at KONE in several leadership roles, with responsibilities including global digital solutions, customer project planning, and maintenance service sales.공고 • Dec 20Lassila & Tikanoja Oyj, Annual General Meeting, Apr 29, 2026Lassila & Tikanoja Oyj, Annual General Meeting, Apr 29, 2026.공고 • Dec 19+ 3 more updatesLassila & Tikanoja Oyj to Report Q1, 2026 Results on May 06, 2026Lassila & Tikanoja Oyj announced that they will report Q1, 2026 results at 8:00 AM, E. Europe Standard Time on May 06, 2026공고 • Dec 04New Lassila & Tikanoja Announces Board and Committee Changes, Effective 31 December 2025Lassila & Tikanoja Oyj announced that the Extraordinary General Meeting confirmed the number of members of the Board of Directors of the New Lassila & Tikanoja as five (5). Jukka Leinonen was elected as Chair of the Board of Directors, Sakari Lassila as Vice Chair of the Board of Directors, and Tuija Kalpala, Teemu Kangas-Kärki and Anna-Maria Tuominen-Reini as members of the Board of Directors of the New Lassila & Tikanoja. The term of the members of the Board of Directors shall commence on the effective date and expire at the end of the first Annual General Meeting of the New Lassila & Tikanoja following the effective date. The persons elected to the Board of Directors of New Lassila & Tikanoja have announced that they will establish an Audit Committee and a Personnel and Sustainability Committee and appoint among themselves the members committees as follows: the Audit Committee will be formed by Teemu Kangas-Kärki (Chair), Sakari Lassila and Anna-Maria Tuominen-Reini, and the Personnel and Sustainability Committee will be formed by Jukka Leinonen (Chair), Sakari Lassila and Tuija Kalpala. Effective date is on 31 December 2025.공고 • Mar 28+ 1 more updateLassila & Tikanoja Oyj Announces Board and Committee AppointmentsLassila & Tikanoja plc at its AGM held on March 27, 2025 Tuija Kalpala as well as Anna-Maria Tuominen-Reini was elected as new members to the Board until the end of the following Annual General Meeting. In its constitutive meeting held after the Annual General Meeting, the Board of Directors elected the members of the Audit Committee and the Personnel and Sustainability Committee from amongst its members. The members of the Audit Committee are Teemu Kangas-Kärki (Chairman), Sakari Lassila, Tuija Kalpala and Anna-Maria Tuominen-Reini. The members of the Personnel and Sustainability Committee are Jukka Leinonen (Chairman), Juuso Maijala, Pasi Tolppanen and Anni Ronkainen.공고 • Feb 15Lassila & Tikanoja plc Provides Earnings Guidance for the Year 2025Lassila & Tikanoja plc provided earnings guidance for the year 2025. Net sales in 2025 are estimated to be at the same level as in the previous year.공고 • Feb 14+ 1 more updateLassila & Tikanoja plc Announces Laura Lares Not Available for Re-Election as Board MemberLassila & Tikanoja plc at its Annual General Meeting to be held on 27 March 2025, announced the current members of the Board of Directors, Laura Lares has informed the Nomination Board that she is not available for re-election for the next term of the Board of Directors.Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: €0.35 (vs €0.41 in 3Q 2023)Third quarter 2024 results: EPS: €0.35 (down from €0.41 in 3Q 2023). Revenue: €192.3m (down 4.3% from 3Q 2023). Net income: €13.3m (down 15% from 3Q 2023). Profit margin: 6.9% (down from 7.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.공고 • Sep 28Lassila & Tikanoja Oyj Announces Composition of Nomination BoardLassila & Tikanoja Oyj announced that following persons have been appointed as their representatives in Lassila & Tikanoja’s Nomination Board: Juhani Lassila – Chairman of the Board, Evald ja Hilda Nissin Säätiö (9% of shares and votes); Miikka Maijala – CEO, Clinius Oy, group of shareholders (8.8% of shares and votes); and Tanja Eronen – Head of Commercial Hub, Nordea Nordic Small Cap Fund (4.3% of shares and votes). The Chairman of Lassila & Tikanoja plc’s Board of Directors, Jukka Leinonen, acts as the fourth member of the Nomination Board. The Chairman of the Nomination Board is Juhani Lassila.New Risk • Aug 12New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 53% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (53% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: €0.18 (vs €0.21 in 2Q 2023)Second quarter 2024 results: EPS: €0.18 (down from €0.21 in 2Q 2023). Revenue: €199.2m (down 4.0% from 2Q 2023). Net income: €7.10m (down 12% from 2Q 2023). Profit margin: 3.6% (down from 3.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.공고 • Aug 02Lassila & Tikanoja plc Updates Earnings Guidance for the Full Year of 2024Lassila & Tikanoja plc updates earnings guidance for the full year of 2024. For the period, the company net sales are estimated to be at the same level as in the previous year. Previously stated outlook for the year 2024: Net sales are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.공고 • Jun 10Lassila & Tikanoja Oyj, Annual General Meeting, Mar 27, 2025Lassila & Tikanoja Oyj, Annual General Meeting, Mar 27, 2025.공고 • Jun 08+ 3 more updatesLassila & Tikanoja Oyj to Report Fiscal Year 2024 Results on Feb 13, 2025Lassila & Tikanoja Oyj announced that they will report fiscal year 2024 results at 8:00 AM, E. Europe Standard Time on Feb 13, 2025공고 • May 18Lassila & Tikanoja plc Announces Group Executive Board ChangesLassila & Tikanoja plc (L&T) announced it plans to accelerate the execution of its strategy launched in Autumn 2023. The Group will start a renewal of its operating model to strengthen the growth of its circular economy business. The composition of L&T’s Group Executive Board will also change in conjunction. The new Group Executive Board will assume their roles 16 May, 2024 led by CEO Eero Hautaniemi. Public Affairs, Sustainability and Strategy - Jorma Mikkonen; Facility Services Finland and Sweden - Antti Niitynpää; Personnel and Legal Affairs - Hilppa Rautpalo; Sourcing - Juha Saarinen, August 1, 2024 onwards; ICT - Edward Skärström; Finance - Joni Sorsanen, July 10, 2024 onwards; and Environmental and Industrial Services - Antti Tervo. Current Group Executive Board member Mikko Taipale continues with the company in his current role but he will no longer be a member of the Group Executive Board May 16, 2024 onwards. Petri Salermo who currently leads Environmental Services and General Council Sirpa Huopalainen have decided to pursue their careers outside of L&T effective May 16, 2024.공고 • May 08+ 1 more updateLassila & Tikanoja Appoints Joni Sorsanen as Member of the Group Executive Board, Effective Latest 10 July 2024Lassila & Tikanoja announced that Joni Sorsanen (M.Sc. Econ) has been appointed as a member of the Group Executive Board effective latest 10 July 2024. Sorsanen joins L&T from Consti plc where he serves as Chief Financial Officer. Sorsanen has extensive experience in leading and developing finance departments in listed companies. He reports to L&T’s CEO, Eero Hautaniemi.공고 • Apr 28Lassila & Tikanoja plc Provides Earnings Guidance for the Year 2024Lassila & Tikanoja plc provided earnings guidance for the year 2024. Net sales in 2024 are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.Reported Earnings • Apr 26First quarter 2024 earnings released: €0.02 loss per share (vs €0.031 profit in 1Q 2023)First quarter 2024 results: €0.02 loss per share (down from €0.031 profit in 1Q 2023). Revenue: €185.0m (down 4.0% from 1Q 2023). Net loss: €800.0k (down 167% from profit in 1Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.공고 • Apr 10Lassila & Tikanoja plc Appoints Juha Saarinen as Chief Purchasing Officer and Member of Group Executive Board Effective 1 August 2024Juha Saarinen (M.Sc. Tech) has been appointed as Chief Purchasing Officer of Lassila & Tikanoja and a member of the Group Executive Board effective 1 August 2024. Saarinen joins L&T from Kamux plc where he serves as ChiefPurchasing Offiser. Saarinen has over 20 years of experience in leading and developing sourcing operations. In the past Saarinen has worked in Metso plc, Kone plc and Nokia Mobile Phones in different leadership roles related to sourcing. He reports to L&T’s CEO, Eero Hautaniemi.공고 • Mar 22+ 1 more updateLassila & Tikanoja Oyj Approves Dividend for the Financial Year 2023, Payable on 3 April 2024Lassila & Tikanoja Oyj at the Annual General Meeting held on 21 March 2024 resolved that a dividend of EUR 0.49 per share be paid on the basis of the balance sheet to be adopted for the financial year 2023. The dividend will be paid to shareholders registered in the Company’s shareholder register maintained by Euroclear Finland Ltd. on the record date for dividend payment, 25 March 2024. The dividend will be paid on 3 April 2024.Upcoming Dividend • Mar 15Upcoming dividend of €0.49 per shareEligible shareholders must have bought the stock before 22 March 2024. Payment date: 03 April 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (4.6%).Reported Earnings • Mar 04Full year 2023 earnings released: EPS: €0.79 (vs €0.83 in FY 2022)Full year 2023 results: EPS: €0.79 (down from €0.83 in FY 2022). Revenue: €802.1m (down 5.0% from FY 2022). Net income: €30.1m (down 4.4% from FY 2022). Profit margin: 3.8% (up from 3.7% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 11Full year 2023 earnings released: EPS: €0.79 (vs €0.83 in FY 2022)Full year 2023 results: EPS: €0.79 (down from €0.83 in FY 2022). Revenue: €802.1m (down 5.0% from FY 2022). Net income: €30.1m (down 4.4% from FY 2022). Profit margin: 3.8% (up from 3.7% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.공고 • Feb 09+ 1 more updateLassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2024Lassila & Tikanoja Oyj provided earnings guidance for the year 2024. Net sales in 2024 are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.공고 • Oct 27Lassila & Tikanoja plc Provides Sales Guidance for the Fiscal Year 2023Lassila & Tikanoja plc provided sales guidance for the fiscal year 2023. for the year, the company expects Net sales in 2023 are estimated to be at the same level as in the previous year even though the comparison period includes net sales from the renewable energy sources business in the amount of EUR 35.4 million.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: €0.41 (vs €0.38 in 3Q 2022)Third quarter 2023 results: EPS: €0.41 (up from €0.38 in 3Q 2022). Revenue: €203.5m (flat on 3Q 2022). Net income: €15.6m (up 6.8% from 3Q 2022). Profit margin: 7.7% (up from 7.1% in 3Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.공고 • Sep 19Lassila & Tikanoja plc Appoints Representatives to its Nomination BoardLassila & Tikanoja plc are entitled to appoint their representatives to the company’s Nomination Board. According to the Charter of the Nomination Board, a group of shareholders may agree on the appointment of a joint representative to the Nomination Board. The following shareholders have agreed on the appointment of a joint representative: Chemec Oy, CH-Polymers Oy, Maijala Eeva, Maijala Hannele, Maijala Heikki, Maijala Juhani, Maijala Juuso, Maijala Miikka, Maijala Mikko, Maijala Roope and Maijala Tuula. Lassila & Tikanoja plc’s three shareholders, who are entitled to appoint a representative to Lassila & Tikanoja plc’s Shareholders’ Nomination Board are the Evald and Hilda Nissin Säätiö foundation, the above-mentioned group of shareholders, and Nordea Funds Ltd. (through 11 funds managed by it). The following persons have been appointed as their representatives in Lassila & Tikanoja’s Nomination Board: Juhani Lassila – Chairman of the Board, Evald ja Hilda Nissin Säätiö (9% of shares and votes). Miikka Maijala – CEO, Clinius Ltd, group of shareholders (8.5% of shares and votes) and Tanja Eronen – CEO, Nordea Funds Ltd. (4.7% of shares and votes). The Chairman of Lassila & Tikanoja plc’s Board of Directors, Jukka Leinonen, acts as the fourth member of the Nomination Board. The Chairman of the Nomination Board is Juhani Lassila. The Nomination Board prepares proposals for board members and board remuneration for the next Annual General Meeting.공고 • Sep 06+ 4 more updatesLassila & Tikanoja Oyj, Annual General Meeting, Mar 21, 2024Lassila & Tikanoja Oyj, Annual General Meeting, Mar 21, 2024.Reported Earnings • Jul 27Second quarter 2023 earnings released: EPS: €0.21 (vs €0.17 in 2Q 2022)Second quarter 2023 results: EPS: €0.21 (up from €0.17 in 2Q 2022). Revenue: €207.5m (down 5.3% from 2Q 2022). Net income: €8.10m (up 27% from 2Q 2022). Profit margin: 3.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공고 • Jul 26Lassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2023Lassila & Tikanoja Oyj provided earnings guidance for the year 2023. Net sales in 2023 are estimated to be at the same level as in the previous year even though the comparison period includes net sales from the renewable energy sources business in the amount of EUR 35.4 million.Reported Earnings • May 03First quarter 2023 earnings released: EPS: €0.03 (vs €0.018 loss in 1Q 2022)First quarter 2023 results: EPS: €0.03 (up from €0.018 loss in 1Q 2022). Revenue: €193.5m (down 8.0% from 1Q 2022). Net income: €1.20m (up €1.90m from 1Q 2022). Profit margin: 0.6% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 17Upcoming dividend of €0.47 per share at 4.5% yieldEligible shareholders must have bought the stock before 24 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (4.4%).Reported Earnings • Feb 10Full year 2022 earnings released: EPS: €0.83 (vs €0.90 in FY 2021)Full year 2022 results: EPS: €0.83 (down from €0.90 in FY 2021). Revenue: €844.1m (up 3.9% from FY 2021). Net income: €31.5m (down 8.4% from FY 2021). Profit margin: 3.7% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Buying Opportunity • Feb 10Now 21% undervaluedOver the last 90 days, the stock is up 1.9%. The fair value is estimated to be €13.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 7.2%.공고 • Feb 09+ 2 more updatesLassila & Tikanoja Oyj Provides Sales Guidance for the Full Year of 2023Lassila & Tikanoja Oyj provided sales guidance for the full year of 2023. Net sales is estimated to be at the same level as in the previous year even though the comparison period includes net sales from the renewable energy sources business in the amount of EUR 35.4 million.공고 • Jan 12Lassila & Tikanoja Oyj Announces Board ChangesLassila & Tikanoja Oyj at Annual General Meeting to be held on 23 March 2023, announces Anni Ronkainen is elected as a new member. Of the current members, Laura Tarkka has announced that she is no longer available for the election of the members of the Board of Directors. The Shareholders’ Nomination Board has consisted of Patrick Lapveteläinen (Mandatum Life Insurance Company Limited), Juhani Lassila (Evald and Hilda Nissi Foundation), Miikka Maijala (group of shareholders) and Jukka Leinonen (Chairman of the Board of Directors of Lassila & Tikanoja plc).공고 • Dec 16Lassila & Tikanoja Oyj Announces Board Changes, Effective January 1, 2023Lassila & Tikanoja plc has appointed Edward Skärström, the Group's current CIO, as a member of the Group Executive Board. Skärström will report to President and CEO Eero Hautaniemi. Edward Skärström (48) has been working as Lassila & Tikanoja Group’s CIO since 9 March 2022 and his previous experience includes working as CIO for Teknos Group. Skärström will start as a member of the Group Executive Board on 1 January 2023.Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: €0.38 (vs €0.37 in 3Q 2021)Third quarter 2022 results: EPS: €0.38 (up from €0.37 in 3Q 2021). Revenue: €204.4m (up 3.0% from 3Q 2021). Net income: €14.6m (up 4.3% from 3Q 2021). Profit margin: 7.1% (in line with 3Q 2021). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.공고 • Oct 28Lassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2022Lassila & Tikanoja Oyj provided earnings guidance for the year 2022. Net sales in 2022 are estimated to be at the same level as in the previous year.공고 • Sep 10Lassila & Tikanoja Oyj Announces Composition of Nomination BoardLassila & Tikanoja plc’s three large shareholders, who are determined on the basis of the shareholder register held by Euroclear as per 1 September 2022 and who are shareholders acting according to the principles otherwise mentioned in the Charter, are entitled to appoint their representatives to the company’s Nomination Board. According to the Charter of the Nomination Board, a group of shareholders may agree on the appointment of a joint representative to the Nomination Board. The following shareholders have agreed on the appointment of a joint representative: Chemec Oy, CH-Polymers Oy, Maijala Eeva, Maijala Hannele, Maijala Heikki, Maijala Juhani, Maijala Juuso, Maijala Miikka, Maijala Mikko, Maijala Roope and Maijala Tuula. Lassila & Tikanoja plc’s three large shareholders that are entitled to appoint a representative to Lassila & Tikanoja plc’s Shareholders’ Nomination Board are the above-mentioned group of shareholders, the Evald ja Hilda Nissin Säätiö foundation and Mandatum Life Insurance Company Limited. The following persons have been appointed as their representatives in Lassila & Tikanoja’s Nomination Board: Miikka Maijala – group of shareholders (8.5% of shares and votes); Juhani Lassila – Evald ja Hilda Nissin Säätiö (8.1% of shares and votes); Patrick Lapveteläinen – Mandatum Life Insurance Company Limited (7.8% of shares and votes). The Chairman of Lassila & Tikanoja plc’s Board of Directors Jukka Leinonen acts as the fourth member of the Nomination Board. The Chairman of the Nomination Board is Patrick Lapveteläinen.공고 • Sep 09+ 4 more updatesLassila & Tikanoja Oyj to Report Q1, 2023 Results on May 03, 2023Lassila & Tikanoja Oyj announced that they will report Q1, 2023 results at 8:00 AM, E. Europe Standard Time on May 03, 2023Reported Earnings • Jul 25Second quarter 2022 earnings released: EPS: €0.17 (vs €0.21 in 2Q 2021)Second quarter 2022 results: EPS: €0.17 (down from €0.21 in 2Q 2021). Revenue: €219.1m (up 10% from 2Q 2021). Net income: €6.40m (down 18% from 2Q 2021). Profit margin: 2.9% (down from 3.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.1%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.공고 • Jul 22Lassila & Tikanoja Oyj Provides Revenue Guidance for the Year 2022Lassila & Tikanoja Oyj provided revenue guidance for the year 2022. For the year the company expected the Net sales are estimated to be at the same level as in the previous year.Reported Earnings • Apr 30First quarter 2022 earnings released: €0.018 loss per share (vs €0.068 profit in 1Q 2021)First quarter 2022 results: €0.018 loss per share (down from €0.068 profit in 1Q 2021). Revenue: €210.4m (up 9.6% from 1Q 2021). Net loss: €700.0k (down 127% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 3.3%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.공고 • Apr 27Lassila & Tikanoja Oyj Provides Sales Guidance for the Year 2022Lassila & Tikanoja Oyj provided sales guidance for the year 2022. For the year, the company’s net sales are estimated to be at the same level as in the previous year.Upcoming Dividend • Mar 11Upcoming dividend of €0.46 per shareEligible shareholders must have bought the stock before 18 March 2022. Payment date: 28 March 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of German dividend payers (3.5%). Higher than average of industry peers (2.7%).공고 • Feb 02Lassila & Tikanoja Oyj Appoints Jonas Björk as CEO of Lassila & Tikanoja’s Industrial Services DivisionLassila & Tikanoja’s Industrial Services division has acquired 70% of the shares of Sand & Vattenbläst i Tyringe AB (”SVB”) that offers process cleaning services in Sweden, on 1 February 2022. Through the acquisition, L&T’s Industrial Services division enters the Swedish process cleaning market. SVB offers a variety of process cleaning services such as high pressure washing, high-power vacuuming and water cleaning services to industrial customers. The company will continue operating under the name of SVB and SVB’s Jonas Björk has been appointed as the CEO of the company.Reported Earnings • Jan 31Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.90 (up from €0.50 in FY 2020). Revenue: €812.5m (up 8.1% from FY 2020). Net income: €34.4m (up 80% from FY 2020). Profit margin: 4.2% (up from 2.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 2.1%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 7% per year.공고 • Jan 28Lassila & Tikanoja Oyj Announces Heikki Bergholm No Longer Available for the Election as Member of the Board of DirectorsLassila & Tikanoja Oyj announced that the Chairman, Heikki Bergholm, has announced that he is no longer available for the election of the members of the Board of Directors.공고 • Jan 27Lassila & Tikanoja Oyj Provides Group Earnings Guidance for the Year 2022Lassila & Tikanoja Oyj provided group earnings guidance for the year 2022. For the year, the company's net sales are estimated to be at the same level as in the previous year.공고 • Dec 31Lassila & Tikanoja Oyj Ordinary Shares to be Deleted from Other OTCLassila & Tikanoja Oyj Ord Ordinary Shares (Finland) will be deleted from other OTC effective from December 31, 2021, due to Inactive Security.Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS €0.37 (vs €0.37 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: €198.4m (up 7.4% from 3Q 2020). Net income: €14.0m (flat on 3Q 2020). Profit margin: 7.1% (down from 7.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Executive Departure • Aug 05Senior VP of Facility Services Finland & Members of the Group Executive Board Tuomas Mäkipeska has left the companyOn the 30th of July, Tuomas Mäkipeska was replaced as CEO by Eero Hautaniemi after less than a year in the role. As of March 2021, Tuomas still personally held 8.09k shares (€93k worth at the time). Tuomas is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.50 years. Under Tuomas' leadership, the company delivered a total shareholder return of -8.7%.Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS €0.21 (vs €0.07 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €198.7m (up 8.5% from 2Q 2020). Net income: €7.80m (up €10.6m from 2Q 2020). Profit margin: 3.9% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공고 • Mar 19Lassila & Tikanoja Oyj Announces Dividend for the Financial Year of 2020Lassila & Tikanoja Oyj announced dividend for the financial year of 2020. For the year, the company declared dividend of EUR 0.40 per share on the record date for dividend payment, 22 March 2021. The dividend will be paid on 29 March 2021.Upcoming Dividend • Mar 12Upcoming Dividend of €0.40 Per ShareWill be paid on the 29th of March to those who are registered shareholders by the 19th of March. The trailing yield of 2.8% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (3.1%).Reported Earnings • Jan 30Full year 2020 earnings released: EPS €0.50 (vs €0.91 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €761.2m (down 2.9% from FY 2019). Net income: €19.1m (down 45% from FY 2019). Profit margin: 2.5% (down from 4.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 0.7%. Over the next year, revenue is forecast to grow 1.8%, compared to a 7.1% growth forecast for the Commercial Services industry in Germany.공고 • Oct 27Lassila & Tikanoja plc Announces Reorganization of its DivisionsLassila & Tikanoja plc has decided to incorporate its three divisions as separate limited liability companies. The incorporation will be carried out as a business transfer pursuant to Section 52d of the Act on the Taxation of Business Income. The newly established companies will start their operations on 1 January 2021. The aim of the incorporation is to clarify Lassila & Tikanoja’s group structure. The Environmental Services and Industrial Services divisions will each be incorporated as separate companies named L&T Ympäristöpalvelut Oy and L&T Teollisuuspalvelut Oy, respectively. The Facility Services Finland division’s new companies will be named L&T Siivous Oy, L&T Kiinteistöhuolto Oy and L&T Kiinteistötekniikka. The incorporation will not lead to any changes in the co-operation between customers, other stakeholders and Lassila & Tikanoja. The employees, equipment and fleet related to the production of the services will be transferred to the new companies.공고 • Sep 26Lassila & Tikanoja plc Announces Management ChangesLassila & Tikanoja plc’s three large shareholders, who are determined on the basis of the shareholder register held by Euroclear as per 1 September 2020 and who are shareholders acting according to the principles otherwise mentioned in the Charter, are entitled to appoint their representatives to the company’s Nomination Board. According to the Charter of the Nomination Board, a group of shareholders may agree on the appointment of a joint representative to the Nomination Board. The following shareholders have agreed on the appointment of a joint representative: Chemec Oy, Maijala Eeva, Maijala Hannele, Maijala Heikki, Maijala Juhani, Maijala Juuso, Maijala Miikka, Maijala Mikko, Maijala Roope and Maijala Tuula. The company’s three large shareholders that are entitled to appoint a representative to the company’s Shareholders’ Nomination Board are the above-mentioned group of shareholders, Mandatum Life Insurance Company Limited and the Evald ja Hilda Nissin Säätiö foundation. The following persons have been appointed as their representatives in the company’s Nomination Board: Mikko Maijala – group of shareholders (8.3% of shares and votes); Patrick Lapveteläinen – Mandatum Life Insurance Company Limited (7.6% of shares and votes); Juhani Lassila – Evald ja Hilda Nissin Säätiö (6.2% of shares and votes). The chairman of the company’s Board of Directors Heikki Bergholm acts as the fourth member of the Nomination Board. The Chairman of the Nomination Board is Mikko Maijala.공고 • Sep 05+ 3 more updatesLassila & Tikanoja Oyj to Report First Half, 2021 Results on Jul 27, 2021Lassila & Tikanoja Oyj announced that they will report first half, 2021 results on Jul 27, 2021이익 및 매출 성장 예측DB:LT50 - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028370131523212/31/2027359111521212/31/20263496121823/31/202634515068N/A12/31/202534615276N/A9/30/2025255-304569N/A6/30/2025248-305179N/A3/31/2025251-315590N/A12/31/2024350-313981N/A9/30/2024777243279N/A6/30/2024786262574N/A3/31/2024794271969N/A12/31/2023802294994N/A9/30/2023811364992N/A6/30/2023815354988N/A3/31/2023826335085N/A12/31/2022844323872N/A9/30/2022858303673N/A6/30/2022851303168N/A3/31/2022831312666N/A12/31/2021813342366N/A9/30/2021789322771N/A6/30/2021775323076N/A3/31/2021760223177N/A12/31/2020752193883N/A9/30/2020751184180N/A6/30/2020757184380N/A3/31/2020770345292N/A12/31/201978435N/A95N/A9/30/201979237N/A94N/A6/30/201979838N/A97N/A3/31/201980532N/A98N/A12/31/201880234N/A90N/A9/30/201880234N/A79N/A6/30/201878133N/A74N/A3/31/201874532N/A69N/A12/31/201771034N/A62N/A9/30/201767234N/A79N/A6/30/201766235N/A94N/A3/31/201766242N/A102N/A12/31/201666243N/A76N/A9/30/201665942N/A63N/A6/30/201665242N/A57N/A3/31/201665038N/A52N/A12/31/201564638N/A90N/A9/30/201564339N/A91N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: LT50 의 연간 예상 수익 증가율(38.8%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: LT50 의 연간 수익(38.8%)이 German 시장(15.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: LT50 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: LT50 의 수익(연간 2.1%)이 German 시장(연간 6.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: LT50 의 수익(연간 2.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: LT50의 자본 수익률은 3년 후 23.5%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCommercial-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/23 02:53종가2026/07/23 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Luotea Oyj는 8명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kristofer Liljeberg-SvenssonCarnegie Investment Bank ABWaltteri RossiDanske BankAntti KansanenEvli Bank plc5명의 분석가 더 보기
공고 • Feb 15Lassila & Tikanoja plc Provides Earnings Guidance for the Year 2025Lassila & Tikanoja plc provided earnings guidance for the year 2025. Net sales in 2025 are estimated to be at the same level as in the previous year.
공고 • Aug 02Lassila & Tikanoja plc Updates Earnings Guidance for the Full Year of 2024Lassila & Tikanoja plc updates earnings guidance for the full year of 2024. For the period, the company net sales are estimated to be at the same level as in the previous year. Previously stated outlook for the year 2024: Net sales are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.
공고 • Apr 28Lassila & Tikanoja plc Provides Earnings Guidance for the Year 2024Lassila & Tikanoja plc provided earnings guidance for the year 2024. Net sales in 2024 are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.
공고 • Feb 09+ 1 more updateLassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2024Lassila & Tikanoja Oyj provided earnings guidance for the year 2024. Net sales in 2024 are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.
공고 • Oct 27Lassila & Tikanoja plc Provides Sales Guidance for the Fiscal Year 2023Lassila & Tikanoja plc provided sales guidance for the fiscal year 2023. for the year, the company expects Net sales in 2023 are estimated to be at the same level as in the previous year even though the comparison period includes net sales from the renewable energy sources business in the amount of EUR 35.4 million.
공고 • Jul 26Lassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2023Lassila & Tikanoja Oyj provided earnings guidance for the year 2023. Net sales in 2023 are estimated to be at the same level as in the previous year even though the comparison period includes net sales from the renewable energy sources business in the amount of EUR 35.4 million.
공고 • Apr 30Luotea Oyj Approves Dividend for the Financial Year 2025, Payable on 11 May 2026Luotea Oyj at the Annual General Meeting held on 29 April 2026 resolved that a dividend of EUR 0.07 per share be paid on the basis of the balance sheet to be adopted for the financial year 2025. The dividend will be paid to a shareholder who is registered in the company’s shareholder register maintained by Euroclear Finland Oy on the record date for the dividend, 4 May 2026. The dividend will be paid on 11 May 2026.
공고 • Feb 27Luotea Oyj Proposes Dividend for the Financial Year 2025, Payable on 11 May 2026The Board of Directors of Luotea Oyj proposed to the Annual General Meeting that a dividend of EUR 0.07 per share be paid for the financial year 2025. The dividend will be paid to a shareholder who is registered in the company’s shareholder register maintained by Euroclear Finland Oy on the record date for the dividend, 4 May 2026. The Board proposes that the dividend be paid on 11 May 2026. No dividend will be paid on treasury shares held by the company on the record date 4 May 2026.
공고 • Feb 11Luotea Appoints Hanna Inget (M.Sc. Econ.) as the Chief Commercial Officer and A Member of the Executive Management TeamLuotea appointed Hanna Inget(M.Sc. Econ.) as the company’s Chief Commercial Officer and a member of the Executive Management Team. She will take up her position on 1 March 2026. In her role, Inget will be responsible for Luotea’s growth, commercial operations, and customer experience. The appointment supports Luotea’s strategy, which focuses on achieving annual growth of 4–5%, strengthening customer experience, and developing data-driven, technology-enabled service models. The strategy aims to enhance service quality, sustainability, and efficiency while building the best customer experience in the industry. Inget has extensive experience in leading international service and growth businesses. She joins Luotea from her position as CEO of 24 Center, where she has been responsible for the company’s international expansion and for significantly improving its profitability. Prior to this, she spent more than ten years at KONE in several leadership roles, with responsibilities including global digital solutions, customer project planning, and maintenance service sales.
공고 • Dec 20Lassila & Tikanoja Oyj, Annual General Meeting, Apr 29, 2026Lassila & Tikanoja Oyj, Annual General Meeting, Apr 29, 2026.
공고 • Dec 19+ 3 more updatesLassila & Tikanoja Oyj to Report Q1, 2026 Results on May 06, 2026Lassila & Tikanoja Oyj announced that they will report Q1, 2026 results at 8:00 AM, E. Europe Standard Time on May 06, 2026
공고 • Dec 04New Lassila & Tikanoja Announces Board and Committee Changes, Effective 31 December 2025Lassila & Tikanoja Oyj announced that the Extraordinary General Meeting confirmed the number of members of the Board of Directors of the New Lassila & Tikanoja as five (5). Jukka Leinonen was elected as Chair of the Board of Directors, Sakari Lassila as Vice Chair of the Board of Directors, and Tuija Kalpala, Teemu Kangas-Kärki and Anna-Maria Tuominen-Reini as members of the Board of Directors of the New Lassila & Tikanoja. The term of the members of the Board of Directors shall commence on the effective date and expire at the end of the first Annual General Meeting of the New Lassila & Tikanoja following the effective date. The persons elected to the Board of Directors of New Lassila & Tikanoja have announced that they will establish an Audit Committee and a Personnel and Sustainability Committee and appoint among themselves the members committees as follows: the Audit Committee will be formed by Teemu Kangas-Kärki (Chair), Sakari Lassila and Anna-Maria Tuominen-Reini, and the Personnel and Sustainability Committee will be formed by Jukka Leinonen (Chair), Sakari Lassila and Tuija Kalpala. Effective date is on 31 December 2025.
공고 • Mar 28+ 1 more updateLassila & Tikanoja Oyj Announces Board and Committee AppointmentsLassila & Tikanoja plc at its AGM held on March 27, 2025 Tuija Kalpala as well as Anna-Maria Tuominen-Reini was elected as new members to the Board until the end of the following Annual General Meeting. In its constitutive meeting held after the Annual General Meeting, the Board of Directors elected the members of the Audit Committee and the Personnel and Sustainability Committee from amongst its members. The members of the Audit Committee are Teemu Kangas-Kärki (Chairman), Sakari Lassila, Tuija Kalpala and Anna-Maria Tuominen-Reini. The members of the Personnel and Sustainability Committee are Jukka Leinonen (Chairman), Juuso Maijala, Pasi Tolppanen and Anni Ronkainen.
공고 • Feb 15Lassila & Tikanoja plc Provides Earnings Guidance for the Year 2025Lassila & Tikanoja plc provided earnings guidance for the year 2025. Net sales in 2025 are estimated to be at the same level as in the previous year.
공고 • Feb 14+ 1 more updateLassila & Tikanoja plc Announces Laura Lares Not Available for Re-Election as Board MemberLassila & Tikanoja plc at its Annual General Meeting to be held on 27 March 2025, announced the current members of the Board of Directors, Laura Lares has informed the Nomination Board that she is not available for re-election for the next term of the Board of Directors.
Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: €0.35 (vs €0.41 in 3Q 2023)Third quarter 2024 results: EPS: €0.35 (down from €0.41 in 3Q 2023). Revenue: €192.3m (down 4.3% from 3Q 2023). Net income: €13.3m (down 15% from 3Q 2023). Profit margin: 6.9% (down from 7.8% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
공고 • Sep 28Lassila & Tikanoja Oyj Announces Composition of Nomination BoardLassila & Tikanoja Oyj announced that following persons have been appointed as their representatives in Lassila & Tikanoja’s Nomination Board: Juhani Lassila – Chairman of the Board, Evald ja Hilda Nissin Säätiö (9% of shares and votes); Miikka Maijala – CEO, Clinius Oy, group of shareholders (8.8% of shares and votes); and Tanja Eronen – Head of Commercial Hub, Nordea Nordic Small Cap Fund (4.3% of shares and votes). The Chairman of Lassila & Tikanoja plc’s Board of Directors, Jukka Leinonen, acts as the fourth member of the Nomination Board. The Chairman of the Nomination Board is Juhani Lassila.
New Risk • Aug 12New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 53% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (53% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: €0.18 (vs €0.21 in 2Q 2023)Second quarter 2024 results: EPS: €0.18 (down from €0.21 in 2Q 2023). Revenue: €199.2m (down 4.0% from 2Q 2023). Net income: €7.10m (down 12% from 2Q 2023). Profit margin: 3.6% (down from 3.9% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
공고 • Aug 02Lassila & Tikanoja plc Updates Earnings Guidance for the Full Year of 2024Lassila & Tikanoja plc updates earnings guidance for the full year of 2024. For the period, the company net sales are estimated to be at the same level as in the previous year. Previously stated outlook for the year 2024: Net sales are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.
공고 • Jun 10Lassila & Tikanoja Oyj, Annual General Meeting, Mar 27, 2025Lassila & Tikanoja Oyj, Annual General Meeting, Mar 27, 2025.
공고 • Jun 08+ 3 more updatesLassila & Tikanoja Oyj to Report Fiscal Year 2024 Results on Feb 13, 2025Lassila & Tikanoja Oyj announced that they will report fiscal year 2024 results at 8:00 AM, E. Europe Standard Time on Feb 13, 2025
공고 • May 18Lassila & Tikanoja plc Announces Group Executive Board ChangesLassila & Tikanoja plc (L&T) announced it plans to accelerate the execution of its strategy launched in Autumn 2023. The Group will start a renewal of its operating model to strengthen the growth of its circular economy business. The composition of L&T’s Group Executive Board will also change in conjunction. The new Group Executive Board will assume their roles 16 May, 2024 led by CEO Eero Hautaniemi. Public Affairs, Sustainability and Strategy - Jorma Mikkonen; Facility Services Finland and Sweden - Antti Niitynpää; Personnel and Legal Affairs - Hilppa Rautpalo; Sourcing - Juha Saarinen, August 1, 2024 onwards; ICT - Edward Skärström; Finance - Joni Sorsanen, July 10, 2024 onwards; and Environmental and Industrial Services - Antti Tervo. Current Group Executive Board member Mikko Taipale continues with the company in his current role but he will no longer be a member of the Group Executive Board May 16, 2024 onwards. Petri Salermo who currently leads Environmental Services and General Council Sirpa Huopalainen have decided to pursue their careers outside of L&T effective May 16, 2024.
공고 • May 08+ 1 more updateLassila & Tikanoja Appoints Joni Sorsanen as Member of the Group Executive Board, Effective Latest 10 July 2024Lassila & Tikanoja announced that Joni Sorsanen (M.Sc. Econ) has been appointed as a member of the Group Executive Board effective latest 10 July 2024. Sorsanen joins L&T from Consti plc where he serves as Chief Financial Officer. Sorsanen has extensive experience in leading and developing finance departments in listed companies. He reports to L&T’s CEO, Eero Hautaniemi.
공고 • Apr 28Lassila & Tikanoja plc Provides Earnings Guidance for the Year 2024Lassila & Tikanoja plc provided earnings guidance for the year 2024. Net sales in 2024 are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.
Reported Earnings • Apr 26First quarter 2024 earnings released: €0.02 loss per share (vs €0.031 profit in 1Q 2023)First quarter 2024 results: €0.02 loss per share (down from €0.031 profit in 1Q 2023). Revenue: €185.0m (down 4.0% from 1Q 2023). Net loss: €800.0k (down 167% from profit in 1Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
공고 • Apr 10Lassila & Tikanoja plc Appoints Juha Saarinen as Chief Purchasing Officer and Member of Group Executive Board Effective 1 August 2024Juha Saarinen (M.Sc. Tech) has been appointed as Chief Purchasing Officer of Lassila & Tikanoja and a member of the Group Executive Board effective 1 August 2024. Saarinen joins L&T from Kamux plc where he serves as ChiefPurchasing Offiser. Saarinen has over 20 years of experience in leading and developing sourcing operations. In the past Saarinen has worked in Metso plc, Kone plc and Nokia Mobile Phones in different leadership roles related to sourcing. He reports to L&T’s CEO, Eero Hautaniemi.
공고 • Mar 22+ 1 more updateLassila & Tikanoja Oyj Approves Dividend for the Financial Year 2023, Payable on 3 April 2024Lassila & Tikanoja Oyj at the Annual General Meeting held on 21 March 2024 resolved that a dividend of EUR 0.49 per share be paid on the basis of the balance sheet to be adopted for the financial year 2023. The dividend will be paid to shareholders registered in the Company’s shareholder register maintained by Euroclear Finland Ltd. on the record date for dividend payment, 25 March 2024. The dividend will be paid on 3 April 2024.
Upcoming Dividend • Mar 15Upcoming dividend of €0.49 per shareEligible shareholders must have bought the stock before 22 March 2024. Payment date: 03 April 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (4.6%).
Reported Earnings • Mar 04Full year 2023 earnings released: EPS: €0.79 (vs €0.83 in FY 2022)Full year 2023 results: EPS: €0.79 (down from €0.83 in FY 2022). Revenue: €802.1m (down 5.0% from FY 2022). Net income: €30.1m (down 4.4% from FY 2022). Profit margin: 3.8% (up from 3.7% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 11Full year 2023 earnings released: EPS: €0.79 (vs €0.83 in FY 2022)Full year 2023 results: EPS: €0.79 (down from €0.83 in FY 2022). Revenue: €802.1m (down 5.0% from FY 2022). Net income: €30.1m (down 4.4% from FY 2022). Profit margin: 3.8% (up from 3.7% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
공고 • Feb 09+ 1 more updateLassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2024Lassila & Tikanoja Oyj provided earnings guidance for the year 2024. Net sales in 2024 are estimated to be at the same level as in the previous year, and operating profit is estimated to be at the same level or better compared to the previous year.
공고 • Oct 27Lassila & Tikanoja plc Provides Sales Guidance for the Fiscal Year 2023Lassila & Tikanoja plc provided sales guidance for the fiscal year 2023. for the year, the company expects Net sales in 2023 are estimated to be at the same level as in the previous year even though the comparison period includes net sales from the renewable energy sources business in the amount of EUR 35.4 million.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: €0.41 (vs €0.38 in 3Q 2022)Third quarter 2023 results: EPS: €0.41 (up from €0.38 in 3Q 2022). Revenue: €203.5m (flat on 3Q 2022). Net income: €15.6m (up 6.8% from 3Q 2022). Profit margin: 7.7% (up from 7.1% in 3Q 2022). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
공고 • Sep 19Lassila & Tikanoja plc Appoints Representatives to its Nomination BoardLassila & Tikanoja plc are entitled to appoint their representatives to the company’s Nomination Board. According to the Charter of the Nomination Board, a group of shareholders may agree on the appointment of a joint representative to the Nomination Board. The following shareholders have agreed on the appointment of a joint representative: Chemec Oy, CH-Polymers Oy, Maijala Eeva, Maijala Hannele, Maijala Heikki, Maijala Juhani, Maijala Juuso, Maijala Miikka, Maijala Mikko, Maijala Roope and Maijala Tuula. Lassila & Tikanoja plc’s three shareholders, who are entitled to appoint a representative to Lassila & Tikanoja plc’s Shareholders’ Nomination Board are the Evald and Hilda Nissin Säätiö foundation, the above-mentioned group of shareholders, and Nordea Funds Ltd. (through 11 funds managed by it). The following persons have been appointed as their representatives in Lassila & Tikanoja’s Nomination Board: Juhani Lassila – Chairman of the Board, Evald ja Hilda Nissin Säätiö (9% of shares and votes). Miikka Maijala – CEO, Clinius Ltd, group of shareholders (8.5% of shares and votes) and Tanja Eronen – CEO, Nordea Funds Ltd. (4.7% of shares and votes). The Chairman of Lassila & Tikanoja plc’s Board of Directors, Jukka Leinonen, acts as the fourth member of the Nomination Board. The Chairman of the Nomination Board is Juhani Lassila. The Nomination Board prepares proposals for board members and board remuneration for the next Annual General Meeting.
공고 • Sep 06+ 4 more updatesLassila & Tikanoja Oyj, Annual General Meeting, Mar 21, 2024Lassila & Tikanoja Oyj, Annual General Meeting, Mar 21, 2024.
Reported Earnings • Jul 27Second quarter 2023 earnings released: EPS: €0.21 (vs €0.17 in 2Q 2022)Second quarter 2023 results: EPS: €0.21 (up from €0.17 in 2Q 2022). Revenue: €207.5m (down 5.3% from 2Q 2022). Net income: €8.10m (up 27% from 2Q 2022). Profit margin: 3.9% (up from 2.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공고 • Jul 26Lassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2023Lassila & Tikanoja Oyj provided earnings guidance for the year 2023. Net sales in 2023 are estimated to be at the same level as in the previous year even though the comparison period includes net sales from the renewable energy sources business in the amount of EUR 35.4 million.
Reported Earnings • May 03First quarter 2023 earnings released: EPS: €0.03 (vs €0.018 loss in 1Q 2022)First quarter 2023 results: EPS: €0.03 (up from €0.018 loss in 1Q 2022). Revenue: €193.5m (down 8.0% from 1Q 2022). Net income: €1.20m (up €1.90m from 1Q 2022). Profit margin: 0.6% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 17Upcoming dividend of €0.47 per share at 4.5% yieldEligible shareholders must have bought the stock before 24 March 2023. Payment date: 03 April 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.9%). In line with average of industry peers (4.4%).
Reported Earnings • Feb 10Full year 2022 earnings released: EPS: €0.83 (vs €0.90 in FY 2021)Full year 2022 results: EPS: €0.83 (down from €0.90 in FY 2021). Revenue: €844.1m (up 3.9% from FY 2021). Net income: €31.5m (down 8.4% from FY 2021). Profit margin: 3.7% (down from 4.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Buying Opportunity • Feb 10Now 21% undervaluedOver the last 90 days, the stock is up 1.9%. The fair value is estimated to be €13.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has grown by 7.2%.
공고 • Feb 09+ 2 more updatesLassila & Tikanoja Oyj Provides Sales Guidance for the Full Year of 2023Lassila & Tikanoja Oyj provided sales guidance for the full year of 2023. Net sales is estimated to be at the same level as in the previous year even though the comparison period includes net sales from the renewable energy sources business in the amount of EUR 35.4 million.
공고 • Jan 12Lassila & Tikanoja Oyj Announces Board ChangesLassila & Tikanoja Oyj at Annual General Meeting to be held on 23 March 2023, announces Anni Ronkainen is elected as a new member. Of the current members, Laura Tarkka has announced that she is no longer available for the election of the members of the Board of Directors. The Shareholders’ Nomination Board has consisted of Patrick Lapveteläinen (Mandatum Life Insurance Company Limited), Juhani Lassila (Evald and Hilda Nissi Foundation), Miikka Maijala (group of shareholders) and Jukka Leinonen (Chairman of the Board of Directors of Lassila & Tikanoja plc).
공고 • Dec 16Lassila & Tikanoja Oyj Announces Board Changes, Effective January 1, 2023Lassila & Tikanoja plc has appointed Edward Skärström, the Group's current CIO, as a member of the Group Executive Board. Skärström will report to President and CEO Eero Hautaniemi. Edward Skärström (48) has been working as Lassila & Tikanoja Group’s CIO since 9 March 2022 and his previous experience includes working as CIO for Teknos Group. Skärström will start as a member of the Group Executive Board on 1 January 2023.
Reported Earnings • Oct 28Third quarter 2022 earnings released: EPS: €0.38 (vs €0.37 in 3Q 2021)Third quarter 2022 results: EPS: €0.38 (up from €0.37 in 3Q 2021). Revenue: €204.4m (up 3.0% from 3Q 2021). Net income: €14.6m (up 4.3% from 3Q 2021). Profit margin: 7.1% (in line with 3Q 2021). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
공고 • Oct 28Lassila & Tikanoja Oyj Provides Earnings Guidance for the Year 2022Lassila & Tikanoja Oyj provided earnings guidance for the year 2022. Net sales in 2022 are estimated to be at the same level as in the previous year.
공고 • Sep 10Lassila & Tikanoja Oyj Announces Composition of Nomination BoardLassila & Tikanoja plc’s three large shareholders, who are determined on the basis of the shareholder register held by Euroclear as per 1 September 2022 and who are shareholders acting according to the principles otherwise mentioned in the Charter, are entitled to appoint their representatives to the company’s Nomination Board. According to the Charter of the Nomination Board, a group of shareholders may agree on the appointment of a joint representative to the Nomination Board. The following shareholders have agreed on the appointment of a joint representative: Chemec Oy, CH-Polymers Oy, Maijala Eeva, Maijala Hannele, Maijala Heikki, Maijala Juhani, Maijala Juuso, Maijala Miikka, Maijala Mikko, Maijala Roope and Maijala Tuula. Lassila & Tikanoja plc’s three large shareholders that are entitled to appoint a representative to Lassila & Tikanoja plc’s Shareholders’ Nomination Board are the above-mentioned group of shareholders, the Evald ja Hilda Nissin Säätiö foundation and Mandatum Life Insurance Company Limited. The following persons have been appointed as their representatives in Lassila & Tikanoja’s Nomination Board: Miikka Maijala – group of shareholders (8.5% of shares and votes); Juhani Lassila – Evald ja Hilda Nissin Säätiö (8.1% of shares and votes); Patrick Lapveteläinen – Mandatum Life Insurance Company Limited (7.8% of shares and votes). The Chairman of Lassila & Tikanoja plc’s Board of Directors Jukka Leinonen acts as the fourth member of the Nomination Board. The Chairman of the Nomination Board is Patrick Lapveteläinen.
공고 • Sep 09+ 4 more updatesLassila & Tikanoja Oyj to Report Q1, 2023 Results on May 03, 2023Lassila & Tikanoja Oyj announced that they will report Q1, 2023 results at 8:00 AM, E. Europe Standard Time on May 03, 2023
Reported Earnings • Jul 25Second quarter 2022 earnings released: EPS: €0.17 (vs €0.21 in 2Q 2021)Second quarter 2022 results: EPS: €0.17 (down from €0.21 in 2Q 2021). Revenue: €219.1m (up 10% from 2Q 2021). Net income: €6.40m (down 18% from 2Q 2021). Profit margin: 2.9% (down from 3.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.1%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 6% per year.
공고 • Jul 22Lassila & Tikanoja Oyj Provides Revenue Guidance for the Year 2022Lassila & Tikanoja Oyj provided revenue guidance for the year 2022. For the year the company expected the Net sales are estimated to be at the same level as in the previous year.
Reported Earnings • Apr 30First quarter 2022 earnings released: €0.018 loss per share (vs €0.068 profit in 1Q 2021)First quarter 2022 results: €0.018 loss per share (down from €0.068 profit in 1Q 2021). Revenue: €210.4m (up 9.6% from 1Q 2021). Net loss: €700.0k (down 127% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 3.3%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
공고 • Apr 27Lassila & Tikanoja Oyj Provides Sales Guidance for the Year 2022Lassila & Tikanoja Oyj provided sales guidance for the year 2022. For the year, the company’s net sales are estimated to be at the same level as in the previous year.
Upcoming Dividend • Mar 11Upcoming dividend of €0.46 per shareEligible shareholders must have bought the stock before 18 March 2022. Payment date: 28 March 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of German dividend payers (3.5%). Higher than average of industry peers (2.7%).
공고 • Feb 02Lassila & Tikanoja Oyj Appoints Jonas Björk as CEO of Lassila & Tikanoja’s Industrial Services DivisionLassila & Tikanoja’s Industrial Services division has acquired 70% of the shares of Sand & Vattenbläst i Tyringe AB (”SVB”) that offers process cleaning services in Sweden, on 1 February 2022. Through the acquisition, L&T’s Industrial Services division enters the Swedish process cleaning market. SVB offers a variety of process cleaning services such as high pressure washing, high-power vacuuming and water cleaning services to industrial customers. The company will continue operating under the name of SVB and SVB’s Jonas Björk has been appointed as the CEO of the company.
Reported Earnings • Jan 31Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €0.90 (up from €0.50 in FY 2020). Revenue: €812.5m (up 8.1% from FY 2020). Net income: €34.4m (up 80% from FY 2020). Profit margin: 4.2% (up from 2.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.9%. Over the next year, revenue is forecast to grow 2.1%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 7% per year.
공고 • Jan 28Lassila & Tikanoja Oyj Announces Heikki Bergholm No Longer Available for the Election as Member of the Board of DirectorsLassila & Tikanoja Oyj announced that the Chairman, Heikki Bergholm, has announced that he is no longer available for the election of the members of the Board of Directors.
공고 • Jan 27Lassila & Tikanoja Oyj Provides Group Earnings Guidance for the Year 2022Lassila & Tikanoja Oyj provided group earnings guidance for the year 2022. For the year, the company's net sales are estimated to be at the same level as in the previous year.
공고 • Dec 31Lassila & Tikanoja Oyj Ordinary Shares to be Deleted from Other OTCLassila & Tikanoja Oyj Ord Ordinary Shares (Finland) will be deleted from other OTC effective from December 31, 2021, due to Inactive Security.
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS €0.37 (vs €0.37 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: €198.4m (up 7.4% from 3Q 2020). Net income: €14.0m (flat on 3Q 2020). Profit margin: 7.1% (down from 7.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Executive Departure • Aug 05Senior VP of Facility Services Finland & Members of the Group Executive Board Tuomas Mäkipeska has left the companyOn the 30th of July, Tuomas Mäkipeska was replaced as CEO by Eero Hautaniemi after less than a year in the role. As of March 2021, Tuomas still personally held 8.09k shares (€93k worth at the time). Tuomas is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.50 years. Under Tuomas' leadership, the company delivered a total shareholder return of -8.7%.
Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS €0.21 (vs €0.07 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €198.7m (up 8.5% from 2Q 2020). Net income: €7.80m (up €10.6m from 2Q 2020). Profit margin: 3.9% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공고 • Mar 19Lassila & Tikanoja Oyj Announces Dividend for the Financial Year of 2020Lassila & Tikanoja Oyj announced dividend for the financial year of 2020. For the year, the company declared dividend of EUR 0.40 per share on the record date for dividend payment, 22 March 2021. The dividend will be paid on 29 March 2021.
Upcoming Dividend • Mar 12Upcoming Dividend of €0.40 Per ShareWill be paid on the 29th of March to those who are registered shareholders by the 19th of March. The trailing yield of 2.8% is below the top quartile of German dividend payers (3.3%), and is lower than industry peers (3.1%).
Reported Earnings • Jan 30Full year 2020 earnings released: EPS €0.50 (vs €0.91 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €761.2m (down 2.9% from FY 2019). Net income: €19.1m (down 45% from FY 2019). Profit margin: 2.5% (down from 4.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Jan 30Revenue beats expectationsRevenue exceeded analyst estimates by 0.7%. Over the next year, revenue is forecast to grow 1.8%, compared to a 7.1% growth forecast for the Commercial Services industry in Germany.
공고 • Oct 27Lassila & Tikanoja plc Announces Reorganization of its DivisionsLassila & Tikanoja plc has decided to incorporate its three divisions as separate limited liability companies. The incorporation will be carried out as a business transfer pursuant to Section 52d of the Act on the Taxation of Business Income. The newly established companies will start their operations on 1 January 2021. The aim of the incorporation is to clarify Lassila & Tikanoja’s group structure. The Environmental Services and Industrial Services divisions will each be incorporated as separate companies named L&T Ympäristöpalvelut Oy and L&T Teollisuuspalvelut Oy, respectively. The Facility Services Finland division’s new companies will be named L&T Siivous Oy, L&T Kiinteistöhuolto Oy and L&T Kiinteistötekniikka. The incorporation will not lead to any changes in the co-operation between customers, other stakeholders and Lassila & Tikanoja. The employees, equipment and fleet related to the production of the services will be transferred to the new companies.
공고 • Sep 26Lassila & Tikanoja plc Announces Management ChangesLassila & Tikanoja plc’s three large shareholders, who are determined on the basis of the shareholder register held by Euroclear as per 1 September 2020 and who are shareholders acting according to the principles otherwise mentioned in the Charter, are entitled to appoint their representatives to the company’s Nomination Board. According to the Charter of the Nomination Board, a group of shareholders may agree on the appointment of a joint representative to the Nomination Board. The following shareholders have agreed on the appointment of a joint representative: Chemec Oy, Maijala Eeva, Maijala Hannele, Maijala Heikki, Maijala Juhani, Maijala Juuso, Maijala Miikka, Maijala Mikko, Maijala Roope and Maijala Tuula. The company’s three large shareholders that are entitled to appoint a representative to the company’s Shareholders’ Nomination Board are the above-mentioned group of shareholders, Mandatum Life Insurance Company Limited and the Evald ja Hilda Nissin Säätiö foundation. The following persons have been appointed as their representatives in the company’s Nomination Board: Mikko Maijala – group of shareholders (8.3% of shares and votes); Patrick Lapveteläinen – Mandatum Life Insurance Company Limited (7.6% of shares and votes); Juhani Lassila – Evald ja Hilda Nissin Säätiö (6.2% of shares and votes). The chairman of the company’s Board of Directors Heikki Bergholm acts as the fourth member of the Nomination Board. The Chairman of the Nomination Board is Mikko Maijala.
공고 • Sep 05+ 3 more updatesLassila & Tikanoja Oyj to Report First Half, 2021 Results on Jul 27, 2021Lassila & Tikanoja Oyj announced that they will report first half, 2021 results on Jul 27, 2021