Overview
Finnish textile innovator's 2025 revenue fell significantly yr/yr
Company reported substantial operating loss, impacted by joint venture impairment
Company completed acquisitions of Woodspin Oy and Suzano Finland Oy
Outlook
Spinnova does not provide financial guidance for year 2026
Company focuses on improving cost-efficiency and expanding raw material base
Spinnova exploring fibre applications outside textiles for higher added value
Result Drivers
TECHNOLOGY ADVANCEMENTS - Spinnova focused on improving cost-efficiency and expanding its raw material base, reducing energy consumption by over 50% in MFC manufacturing
STRATEGIC ACQUISITIONS - Acquired full ownership of Woodspin Oy and Suzano Finland Oy, enabling unrestricted technology licensing
BUSINESS CONSORTIUM - Developed an international business consortium with partners like ARMEDANGELS and TOMMY HILFIGER
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue | EUR 344,000 | ||
FY Adjusted EPS | -EUR 0.78 | ||
FY Net Income | -EUR 40.69 mln | ||
FY EBIT | -EUR 41.34 mln | ||
FY Investments | EUR 1.31 mln |
Analyst Coverage
The one available analyst rating on the shares is "sell"
The average consensus recommendation for the specialty chemicals peer group is "buy."
Wall Street's median 12-month price target for Spinnova Oyj is €0.45, about 2.2% below its February 11 closing price of €0.46
Press Release: ID:nWkr1PPWx
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)