Lassila & Tikanoja Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	432	426.6	423.9	422.1	450.9
Revenue Growth (YoY)	2.34%	0.64%	0.43%	-6.39%	-
Cost of Revenue	301.9	296.1	291.8	291.6	317.4
Gross Profit	130.1	130.5	132.1	130.5	133.5
Selling, General & Admin	0.8	0.8	1.1	1.1	1.3
Other Operating Expenses	52.7	50.1	47.7	47.1	52.4
Operating Expenses	100.3	96.4	92.2	90.6	93.1
Operating Income	29.8	34.1	39.9	39.9	40.4
Interest Expense	-5	-4.2	-4.1	-2.6	-1.5
Interest & Investment Income	0.3	0.2	0.2	0.4	0.3
Earnings From Equity Investments	1.9	1.9	3.2	3.6	0.7
Currency Exchange Gain (Loss)	-	0.1	-	-	0.1
Other Non Operating Income (Expenses)	-0.8	-0.7	-0.9	-0.7	-0.4
EBT Excluding Unusual Items	26.2	31.4	38.3	40.6	39.6
Merger & Restructuring Charges	-0.3	-0.3	-0.3	-	-
Gain (Loss) on Sale of Assets	0.2	0.2	0.7	0.1	4.2
Asset Writedown	-	-	-	-1.9	-
Other Unusual Items	0.2	0.2	0.2	0.2	-
Pretax Income	26.3	31.5	38.9	39	43.8
Income Tax Expense	5.1	5.8	7.4	6.6	8.3
Net Income	21.2	25.7	31.5	32.4	35.5
Net Income to Common	21.2	25.7	31.5	32.4	35.5
Net Income Growth	-34.57%	-18.41%	-2.78%	-8.73%	-
Shares Outstanding (Basic)	38	38	38	-	-
Shares Outstanding (Diluted)	38	38	38	-	-
EPS (Basic)	0.56	0.67	0.82	-	-
EPS (Diluted)	0.55	0.67	0.82	-	-
EPS Growth	-	-18.29%	-	-	-
Free Cash Flow	44	50.6	32.8	39.1	42.1
Free Cash Flow Per Share	1.15	1.32	0.86	-	-
Dividend Per Share	0.420	0.420	-	-	-
Gross Margin	30.12%	30.59%	31.16%	30.92%	29.61%
Operating Margin	6.90%	7.99%	9.41%	9.45%	8.96%
Profit Margin	4.91%	6.02%	7.43%	7.68%	7.87%
Free Cash Flow Margin	10.18%	11.86%	7.74%	9.26%	9.34%
EBITDA	62.2	65.6	68.7	67.6	66.9
EBITDA Margin	14.40%	15.38%	16.21%	16.01%	14.84%
D&A For EBITDA	32.4	31.5	28.8	27.7	26.5
EBIT	29.8	34.1	39.9	39.9	40.4
EBIT Margin	6.90%	7.99%	9.41%	9.45%	8.96%
Effective Tax Rate	19.39%	18.41%	19.02%	16.92%	18.95%

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