HLSE:NESTE
HLSE:NESTEOil and Gas

Will Neste Oyj’s (HLSE:NESTE) Strong Q3 Net Income Shift Its Sales-Driven Investment Story?

Neste Oyj released its third quarter and nine-month 2025 earnings, reporting a year-on-year decline in sales but a significant rise in net income for the quarter, with EUR 4.53 billion in sales and EUR 106 million net income. Management reaffirmed full-year 2025 guidance, expecting renewable and oil product sales volumes to surpass 2024 levels despite lower net income across the nine-month period. We'll explore how the improved quarterly earnings and unchanged sales outlook contribute to...
HLSE:FSKRS
HLSE:FSKRSConsumer Durables

Does Fiskars (HLSE:FSKRS) CEO’s Share Purchase Offset Concerns Around Lowered Profitability Guidance?

In October, Fiskars Corporation released its third-quarter results and narrowed its 2025 full-year EBIT guidance to a range of €90 million to €100 million, with expectations toward the lower end compared to €111.4 million in 2024. CEO Jyri Luomakoski also made a significant personal share purchase, which often signals leadership's confidence in the business outlook. Management's share acquisition stands out as a signal of conviction, even as the company faces tighter profitability guidance...
HLSE:ORIOLA
HLSE:ORIOLAHealthcare

Oriola (HLSE:ORIOLA) Losses Deepen, Dividend Sustainability in Doubt Despite Turnaround Hopes

Oriola Oyj (HLSE:ORIOLA) remains unprofitable, with losses having accelerated at a 65.5% annual rate over the past five years. However, earnings are now forecast to surge by 76.67% per year and the company is projected to return to profitability within three years. Revenue is expected to grow at 4.7% per year, outpacing the wider Finnish market average of 4%. Shares trade at €1.19, which represents a steep discount to the estimated fair value of €4.84 and is well below sector multiples...
HLSE:UPM
HLSE:UPMForestry

Could UPM’s Shift Toward Advanced Materials Reshape Its Investment Appeal? (HLSE:UPM)

UPM-Kymmene Oyj recently unveiled a curated collection of premium label materials for the global wine and spirits industry, while also reporting a decline in third-quarter sales and net income alongside portfolio adjustments such as mill closures and a strategic review of its plywood business. This collection highlights UPM's efforts to grow its advanced materials segment as part of a broader transition away from paper toward higher-value, sustainable solutions. We'll explore how portfolio...
HLSE:KEMPOWR
HLSE:KEMPOWRElectrical

Kempower (HLSE:KEMPOWR): Revenue Forecast to Grow 23% Annually Ahead of Earnings Season

Kempower Oyj (HLSE:KEMPOWR) remains in the red, with losses compounding at an annual rate of 33.6% over the past five years. However, revenue is forecast to grow at 23% per year, far ahead of the broader Finnish market’s expected 4% pace. Earnings are projected to surge 58.42% annually and tip into profitability within three years. Right now, the stock trades below its estimated fair value of €17.97, but its 3.3x Price-to-Sales ratio looks pricey versus European industry and peer averages...
HLSE:LAT1V
HLSE:LAT1VCommercial Services

Lassila & Tikanoja (HLSE:LAT1V) Profit Margin Falls to 0.4%, Undermining Valuation Recovery Narrative

Lassila & Tikanoja Oyj (HLSE:LAT1V) reported a notable fall in profitability, with net profit margin slipping to 0.4% this period from last year’s 3.2%. The company’s earnings have contracted by an average of 16.6% annually over the past five years, with a €22.0 million one-off loss weighing heavily on the bottom line. Investors are watching keenly, as shares currently trade at a price-to-earnings ratio of 136.7x, a significant premium to the industry and peer averages. Despite these...
HLSE:VALMT
HLSE:VALMTMachinery

Valmet (HLSE:VALMT): €100 Million One-Off Loss Tests Profit Quality Narrative

Valmet Oyj (HLSE:VALMT) reported EPS growth averaging 2.6% annually over the past five years, with current net profit margins of 5.2%, just below last year’s 5.3%. The most recent results include a €100 million one-off loss, which weighed on the latest twelve-month earnings. Looking ahead, analysts expect revenue to expand by 4.1% per year, slightly ahead of the Finnish market average. Earnings are projected to grow 18.59% yearly, keeping investor attention on the company’s bounce-back and...
HLSE:FORTUM
HLSE:FORTUMElectric Utilities

Fortum (HLSE:FORTUM) Margin Decline Challenges Narrative of Resilient Earnings Quality

Fortum Oyj (HLSE:FORTUM) reported revenue growth of 2.2% per year and earnings growth of 1.5% per year, both trailing the Finnish market averages of 4% and 18.1%, respectively. Current net profit margins sit at 17.3%, a dip from last year's 19.8%, while the company’s earnings have declined at a sharp rate of 21.4% per year over the past five years. Despite these headwinds, Fortum’s shares are trading at €19.87, below the estimated fair value of €25.45, highlighting a dynamic where...
HLSE:ETTE
HLSE:ETTEProfessional Services

Etteplan (HLSE:ETTE) Margins Narrow Despite Fastest Projected Earnings Growth in Finnish Market

Etteplan Oyj (HLSE:ETTE) is projected to deliver robust earnings growth of 26.3% per year, outpacing the Finnish market’s anticipated 18.1% annual increase. Its revenue is forecast to rise at a more modest 3.6% per year compared to the market's 4%. Current net profit margins have narrowed to 2.8%, down from 3.6% last year. Over the past five years, the company’s earnings have declined by an average of 11.7% annually. Despite these margin pressures and historical contraction, the high-quality,...
HLSE:SUY1V
HLSE:SUY1VHousehold Products

Suominen Oyj (HLSE:SUY1V) Losses Worsen 60% Annually, Profitability Hopes Challenge Cautious Narrative

Suominen Oyj (HLSE:SUY1V) remains unprofitable, with losses having grown at a rapid 60.2% per year over the past five years. While revenue is currently forecast to increase 3.1% annually, trailing the Finnish market’s 4% annual pace, the company is expected to turn profitable within the next three years. Earnings are projected to accelerate at a hefty 105.73% each year going forward. The unique mix of historical losses, modest revenue growth, and a major shift toward profitability is front...
HLSE:VAIAS
HLSE:VAIASElectronic

Do Vaisala's (HLSE:VAIAS) Guidance and Rising Sales Signal Enduring Demand Amid Uncertainty?

Vaisala Oyj recently announced its third quarter 2025 earnings, reporting sales growth to €154 million with steady yet slightly declining net income compared to the previous year, alongside reaffirmed full-year guidance for net sales between €590 million and €605 million. Despite ongoing market uncertainty, the company continues to see rising sales, reflecting resilient demand for its environmental and industrial measurement solutions. Given the confirmation of full-year guidance alongside...
HLSE:METSB
HLSE:METSBPackaging

Can Metsä Board (HLSE:METSB) Balance Investment in Sustainability with Profitability Amid Weaker Demand?

Metsä Board Oyj recently reported a significant year-over-year decline in both sales and profitability for the third quarter of 2025, shifting from a net income of €28.7 million to a net loss of €38 million and seeing sales drop to €441.2 million from €499 million. This downturn occurred despite the company's completion of a €60 million modernisation at its Simpele paperboard mill, introduction of improved products, and signing of a €250 million sustainability-linked credit facility,...
HLSE:KCR
HLSE:KCRMachinery

Can Stable Sales and Profit Resilience Redefine Konecranes (HLSE:KCR) Strategic Trajectory?

Konecranes reported its third quarter 2025 results, with sales of €988.7 million and net income of €103.8 million, and issued guidance that expects net sales in 2025 to remain approximately at 2024 levels. Despite a decrease in quarterly sales, the company’s net income and earnings per share increased slightly, highlighting resilience in profitability during a period of revenue stabilization. We'll explore how the company’s stable 2025 sales outlook and resilient Q3 profitability affect the...
HLSE:QTCOM
HLSE:QTCOMSoftware

Qt Group (HLSE:QTCOM): Reassessing Valuation After 2025 Outlook Cut and Slower Growth

Qt Group Oyj (HLSE:QTCOM) shares came under pressure after the company revised its 2025 outlook. The company lowered its full-year sales growth forecast due to economic uncertainty and slower-than-expected customer purchasing activity. See our latest analysis for Qt Group Oyj. Qt Group Oyj’s share price has come under sustained pressure this year, with a 1-day decline of 2.5% following the gloomy guidance and a steep 45.9% share price drop year-to-date. Despite announcing a promising...
HLSE:TAALA
HLSE:TAALACapital Markets

Taaleri (HLSE:TAALA) Margin Downturn Reinforces Cautious Narrative Despite Low Valuation

Taaleri Oyj (HLSE:TAALA) posted revenue growth that is forecast at just 0.6% per year, well behind the Finnish market’s 4% annual benchmark. While the company’s net profit margin remains elevated at 32.8%, it is down from 38.5% the year before, and earnings are now projected to fall around 25.1% per year over the coming three years after a period of strong 16.9% annualized growth. Shares currently trade at €7.26, notably below an internally estimated fair value of €16.05, with a...
HLSE:TYRES
HLSE:TYRESAuto Components

Nokian Tyres (HLSE:TYRES): Losses Accelerate 61.2% Annually, Raising Fresh Doubts on Turnaround Hopes

Nokian Renkaat Oyj (HLSE:TYRES) remains unprofitable, with annual losses increasing by 61.2% per year over the past five years. However, analysts forecast a sharp turnaround, with earnings expected to grow 81.4% per year and the company projected to return to profitability within the next three years, outpacing the broader market's growth expectations. The company’s top line is also set for solid improvement, as revenue is forecast to grow at 8.4% per year, more than double the Finnish market...