Keskisuomalainen (KSL) H2 2025 earnings summary

Executive summary

• Revenue increased by 5.0% year-over-year to €212.8 million, with significant profitability improvement despite a challenging market.

• Adjusted operating profit rose 464.6% to €14.7 million, and net income reached €8.8 million compared to a €6.2 million loss last year.

• Systematic efficiency measures and process improvements drove results, with strong digital product growth and distribution segment performance.

Financial highlights

• Revenue: €212.8 million (up 5.0% year-over-year); H2 revenue €103.5 million (up 3.5%).

• Adjusted operating profit: €14.7 million (6.9% margin); reported operating profit: €11.7 million (5.5% margin).

• EBITDA: €26.2 million (12.3% margin); adjusted EBITDA: €27.1 million (12.7% margin).

• Net income: €8.8 million (vs. -€6.2 million); EPS: €0.80 (vs. -€0.58).

• Dividend proposal: €0.70 per share in two installments.

Outlook and guidance

• 2026 revenue expected to remain stable or decline slightly; adjusted operating profit anticipated to stay strong but decrease somewhat from 2025.