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Luotea Plc: Interim Report 1 January–30 September 2026
Luotea Plc
Stock exchange release
28 October 2026 at 8:00 a.m.
Luotea Plc: Interim Report 1 January–30 September 2026
Adjusted EBITA increased clearly in Q3, net sales stable
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Net sales for July–September were EUR 84.2 million (83.9). Net sales increased by 0.4%.
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Adjusted EBITA for July–September was EUR 5.7 million (4.9), representing 6.8% (5.8%) of net sales. The increase in adjusted EBITA was mainly driven by savings in ICT and personnel expenses as well as improved performance in the Swedish operations.
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Adjusted operating profit for July–September was EUR 5.4 million (4.5), representing 6.4% (5.4%) of net sales.
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Operating profit was EUR 4.5 million (4.0), representing 5.4% (4.8%) of net sales.
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Earnings per share for July–September were EUR 0.09 (0.07).
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Net sales for January–September were EUR 258.4 million (257.3). Net sales increased by 0.4%.
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Adjusted EBITA for January–September was EUR 8.6 million (7.2), representing 3.3% (2.8%) of net sales.
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Adjusted operating profit for January–September was EUR 7.5 million (6.1), representing 2.9% (2.4%) of net sales.
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Operating profit was EUR 5.0 million (4.7), representing 1.9% (1.8%) of net sales.
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Earnings per share for January–September were EUR 0.08 (0.08).
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Net cash flow from operating activities after investments for January–September was EUR -0.1 million (11.4; the comparison period includes both continuing and discontinued operations).
Outlook for the year 2026 (updated 11 September 2026).
The adjusted EBITA for 2026 is expected to increase compared with the adjusted EBITA for 2025 (EUR 7.0 million).
Previous outlook for the year 2026 (6 August 2026).
The adjusted EBITA for 2026 is expected to increase or increase significantly compared with the adjusted EBITA for 2025 (EUR 7.0 million).
PRESIDENT AND CEO ANTTI NIITYNPÄÄ:
Luotea’s net sales grew by 0.4% in the third quarter to EUR 84.2 million, and adjusted EBITA increased by EUR 0.8 million to EUR 5.7 million. Net sales improved by 6% in Sweden and by 2% in property maintenance and technical services in Finland. On the other hand, the development of cleaning and support services in Finland, where net sales declined by 6% compared with last year was below our expectations.
During the review period, the Finnish facility services market was characterised by diverging trends. Property maintenance and technical services function consist of property maintenance and technical services. Of these, demand for property maintenance services grew strongly during the review period, and we are particularly pleased with the 11% growth in add-on sales in property maintenance services. Competition in the cleaning market remained intense. There was a high number and value of tenders for cleaning services, but price competition was particularly intense for large contracts. We have not been willing to compromise our profitability in these tenders. Add-on sales outside contract-based services in cleaning and support services remained below the comparison period, largely due to cost-saving measures by our customers.
