Lassila & Tikanoja Income Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	426.6	423.9	422.1	450.9
Revenue Growth (YoY)	0.64%	0.43%	-6.39%	-
Cost of Revenue	268.1	291.8	291.6	317.4
Gross Profit	158.5	132.1	130.5	133.5
Selling, General & Admin	-	1.1	1.1	1.3
Other Operating Expenses	78.5	47.6	47.1	52.4
Operating Expenses	124	92.1	90.6	93.1
Operating Income	34.5	40	39.9	40.4
Interest Expense	-4.9	-4.1	-2.6	-1.5
Interest & Investment Income	0.2	0.2	0.4	0.3
Earnings From Equity Investments	1.9	3.2	3.6	0.7
Currency Exchange Gain (Loss)	0.1	-	-	0.1
Other Non Operating Income (Expenses)	-	-0.9	-0.7	-0.4
EBT Excluding Unusual Items	31.8	38.4	40.6	39.6
Merger & Restructuring Charges	-0.3	-0.2	-	-
Gain (Loss) on Sale of Assets	-	0.7	0.1	4.2
Asset Writedown	-	-	-1.9	-
Other Unusual Items	-	-	0.2	-
Pretax Income	31.5	38.9	39	43.8
Income Tax Expense	5.8	7.4	6.6	8.3
Net Income	25.7	31.5	32.4	35.5
Net Income to Common	25.7	31.5	32.4	35.5
Net Income Growth	-18.41%	-2.78%	-8.73%	-
Shares Outstanding (Basic)	38	38	-	-
Shares Outstanding (Diluted)	38	38	-	-
Shares Change (YoY)	0.38%	-	-	-
EPS (Basic)	0.67	0.82	-	-
EPS (Diluted)	0.67	0.82	-	-
EPS Growth	-18.72%	-	-	-
Free Cash Flow	50.6	32.8	39.1	42.1
Free Cash Flow Per Share	1.32	0.86	-	-
Dividend Per Share	0.420	-	-	-
Gross Margin	37.15%	31.16%	30.92%	29.61%
Operating Margin	8.09%	9.44%	9.45%	8.96%
Profit Margin	6.02%	7.43%	7.68%	7.87%
Free Cash Flow Margin	11.86%	7.74%	9.26%	9.34%
EBITDA	66	68.9	67.6	66.9
EBITDA Margin	15.47%	16.25%	16.01%	14.84%
D&A For EBITDA	31.5	28.9	27.7	26.5
EBIT	34.5	40	39.9	40.4
EBIT Margin	8.09%	9.44%	9.45%	8.96%
Effective Tax Rate	18.41%	19.02%	16.92%	18.95%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.