Play Earnings CallPlay Earnings Call
Suominen Oyj (SMNCF) Q4 2025 Earnings Call January 29, 2026 4:00 AM EST
Company Participants
Anu Ilvonen – Director of Communications & Marketing
Charles Heaulme – CEO & President
Janne Silonsaari – Chief Financial Officer
Conference Call Participants
Joni Sandvall – Nordea Markets, Research Division
Joonas Ilvonen – Evli Bank plc, Research Division
Samu Wilhelmsson – Nordea Markets, Research Division
Rauli Juva – Inderes Oyj, Research Division
Presentation
Anu Ilvonen
Director of Communications & Marketing
Hello and welcome to the Suominen Q4 and Full Year 2025 Results Call. My name is Anu Ilvonen. I work as the Communications and Marketing Director at Suominen, and I will be facilitating the call today. Joining me are our President and CEO, Charles Heaulme; and CFO, Janne Silonsaari, who will present our results and also go through our newly published Full Potential program and operating models.
Charles and Janne, the floor is yours.
Charles Heaulme
CEO & President
Thank you. Good morning to all of you. So we will go through the results of the fourth quarter and the full year 2025, and then go through the financial review in more detail, as Anu was saying.
So if we start with a summary of our results, which are summarized in the title that says it all. Our results are unsatisfactory both in the fourth quarter and the full year 2025 in a challenging environment, but also linked to our internal performance.
If I first focus on the fourth quarter of 2025. Our net sales decreased by 20% versus 2024 same period. And the main aspects were linked to customers, particularly in the U.S., temporarily increasing their supply and imports from low-cost countries. That was also resulting from supply issues in our factories, particularly in the U.S. As a consequence of this lower volume, the EBITDA was EUR 1.9 million for the quarter. The cash flow was EUR 7
