Lassila & Tikanoja Earnings Call Transcripts
Fiscal Year 2026
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Net sales grew 6% year-over-year, but adjusted EBITDA declined due to higher costs and market headwinds. Management remains confident in meeting 2026 guidance, supported by efficiency and price measures, despite ongoing challenges from fuel costs and waste market imbalances.
Fiscal Year 2025
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Net sales grew 0.7% to EUR 426.6 million in 2025, with adjusted EBITA at EUR 40.6 million. Three acquisitions and a successful ERP rollout supported growth, while sustainability targets were exceeded. 2026 guidance anticipates stable sales and EBITA, with market recovery expected in H2.
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A planned demerger will create a focused circular economy leader in the Nordics, targeting over 6% annual sales growth and an 11% EBITA margin. Growth will be driven by cross-selling, geographic expansion, and value chain integration, supported by strong financials, operational excellence, and sustainability commitments.