Viafin Service
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Viafin Service (VIAFIN) investor relations material

Viafin Service Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 earnings summary9 Feb, 2026

Executive summary

  • Achieved record-high EBIT of €6.4M (up 11.6%) and revenue of €99.6M (up 8.7%) for 2025 compared to 2024.

  • 87% of revenue from maintenance, 13% from projects; project revenue declined as expected.

  • Strong cash flow from operations at €9.7M and cash conversion at 119.8%.

  • EPS increased to €1.37 from €1.26; proposed dividend of €0.75 per share.

  • Workforce grew by 67 to 682, mainly due to acquisitions.

Financial highlights

  • H2/2025 revenue €49.7M (down 0.6%), EBIT €4.1M (up from €3.9M), net income €3.1M.

  • Full-year 2025 revenue €99.6M (up 8.7%), EBITDA €8.1M (8.2% margin), EBIT €6.4M (6.4% margin), net income €4.9M.

  • Cash and cash equivalents at year-end €11.0M; operating cash flow before financing and taxes €9.7M.

  • Equity ratio 54.0%; negative net working capital at -€4.2M.

  • Dividend proposal of €0.75 per share, up from €0.65.

Outlook and guidance

  • 2026 revenue expected at €90–100M; EBIT guidance €5.8–7.4M.

  • Strategic and financial targets for 2026–2027 unchanged: 8% EBIT margin, >100% cash conversion, 10% annual revenue growth, and growing dividend.

Why 2026 EBIT guidance below 8% target?
What drove the strong cash conversion in 2025?
What is the 2026 outlook for maintenance vs project business?
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Frequently asked questions

Viafin Service Oyj is a Finland-based industrial services company specializing in the maintenance and installation of industrial piping systems and equipment. The company serves sectors such as energy, process, and manufacturing by providing mechanical maintenance, project execution, and technical services. Its operations support the reliability and efficiency of industrial infrastructure through customized service agreements and on-site solutions. Viafin Service Oyj is headquartered in Vantaa, Finland, and its shares are listed on the NASDAQ OMX Helsinki.

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