Finland · Delayed Price · Currency is EUR Rapala VMC Earnings Call Transcripts
Fiscal Year 2026
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Sales grew 11% in comparable currencies, led by North America (+19%), while Europe lagged due to droughts. EBITDA and EBIT rose sharply, with strong cash flow and improved leverage. Guidance for operating profit is EUR 12–14 million, with ongoing cost discipline and increased marketing investment.
Fiscal Year 2025
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Sales and comparable EBIT grew despite tariffs and weak European demand, with North America driving growth and strong product innovation. Net profit was negative due to one-off items, but operational improvements and refinancing support a positive outlook for 2026.
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Profitability improved in H1 2025, led by North America, while Europe and Asia faced headwinds from trade disputes and economic uncertainty. Guidance for higher comparable EBIT in 2025 is maintained, but tariff-related risks and limited visibility persist.
Fiscal Year 2024
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2024 saw improved profitability, strong cash flow, and healthier inventories despite headwinds. Guidance for 2025 is cautiously optimistic, with expected gains from lower costs and operational efficiencies, while tariff and weather risks remain.
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Sales and profitability improved year-over-year, driven by strong North American growth and operational efficiencies. Inventory and net debt were significantly reduced, while a major product launch and a one-off real estate gain boosted results. Prudent outlook maintained amid ongoing market recovery.