Friday, February 13, 2026
Koskisen Corporation stock exchange release on February 13, 2026 at 08:30 a.m. EET. Koskisen’s revenue increased and the profitability of the Panel Industry segment improved compared to the reference period
This release is a summary of Koskisen Corporation’s January–December 2025 Financial Statements Release. The complete Financial Statements Release is attached, and also available on the company’s official website.
October–December 2025 in brief
· Revenue increased and amounted to EUR 95.1 (73.0) million.
· EBITDA improved and amounted to EUR 6.0 (5.6) million.
· The EBITDA margin was 6.3 per cent (7.7).
· Adjusted EBITDA amounted to EUR 6.2 (5.7) million.
· The adjusted EBITDA margin was 6.5 per cent (7.8).
· Operating profit amounted to EUR 2.1 (2.5) million and was 2.2 per cent (3.5) of revenue.
· The profit for the financial period amounted to EUR 1.0 (1.5) million.
· Basic earnings per share were EUR 0.04 (0.07).
January–December 2025 in brief
· Revenue increased and amounted to EUR 354.9 (282.3) million.
· EBITDA improved and amounted to EUR 28.8 (24.2) million.
· The EBITDA margin was 8.1 per cent (8.6).
· Adjusted EBITDA amounted to EUR 28.9 (24.3) million.
· The adjusted EBITDA margin was 8.1 per cent (8.6).
· Operating profit amounted to EUR 14.3 (13.0) million, representing 4.0 per cent (4.6) of revenue.
· The profit for the financial period amounted to EUR 8.6 (8.3) million.
· Basic earnings per share were EUR 0.37 (0.36).
The figures in brackets refer to the comparison period, i.e. the corresponding period in the previous year, unless specified otherwise. The business operations of Iisveden Metsä are included in the figures in this Financial Statements Release starting from June 01, 2025.
Dividend proposal
The Board of Directors proposes to the Annual General Meeting to be held in spring 2026 that a dividend of EUR 0.14 per share be paid.
Profit guidance for 2026
Koskisen Group’s revenue for 2026 is expected to increase from the level of 2025. The adjusted EBITDA margin is expected to be 8–12 per cent.
“Growth continued in line with Koskisen Group’s strategy: in the fourth quarter, revenue increased for the seventh consecutive quarter and amounted to EUR 95.1 (73.0) million. Revenue for the full year reached an all-time high of EUR 354.9 (282.3) million. The impact of organic growth was approximately 16 percent. Adjusted EBITDA improved in the fourth quarter to EUR 6.2 (5.7) million. However, relative profitability declined and the adjusted EBITDA margin was 6.5 per cent (7.8). Profitability remained at a good level considering the circumstances.” – Jukka Pahta, CEO.
“Trade policy, security policy and geopolitical issues, and the links between them, were significant factors in the operating environment. In particular, the erratic nature of US policy increased uncertainty with regard to international trade and the predictability of the operating environment. China’s weak domestic demand and strong export growth intensified competition in markets that are important to Europe. Russia’s continued war of aggression in Ukraine again weakened the outlook in Europe. The prolonged uncertainty had a negative impact on business confidence as well as consumer confidence, which slowed the recovery of investment and consumer demand and kept demand weak in the construction sector, among other industries.” – Mr. Pahta concluded.
The sourcing of wood raw material went according to plan and the availability of raw material was sufficient in spite of the wood market slowing down towards the end of the year and the mild weather making harvesting and transport more difficult. The purchase prices of softwood logs and birch logs decreased slightly, but remained at a high level considering the market conditions. The demand for by-products and energy fractions was weakened by the mild weather in the latter part of the year and the lower-than-usual production levels in the chemical forest industry.
The profitability of the Panel Industry segment improved in the fourth quarter, with EBITDA amounting to EUR 4.3 (2.5) million. The improved profitability was mainly due to the increased delivery volumes of birch plywood. The demand for chipboard remained modest due to the weak cyclical conditions in construction, and production had to be scaled back at times.
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