LapWall (LAPWALL) Q1 2026 earnings summary

Executive summary

• Profitability improved significantly in Q1 2026, with EBITA up 77% year-over-year and order backlog rising to €19.1 million at quarter-end.

• Growth driven by increased production efficiency and volume, especially at the Pyhäntä unit, which is central to ongoing operational improvements.

• New product launches and a strong customer satisfaction score (NPS 62) support positive business momentum.

Financial highlights

• Revenue for Q1 2026 was €11.0 million, up 21% from €9.1 million in Q1 2025.

• EBITA reached €1.04 million, a 77% increase year-over-year; EBIT was €0.82 million, up 125%.

• EBITDA margin improved to 12.1% from 10.0% year-over-year.

• Order backlog grew 32% year-over-year to €19.1 million.

Outlook and guidance

• 2026 revenue is projected at €49–54 million, with EBITA expected between €4.8–5.8 million.

• Market conditions remain variable, but industrial construction and investment projects are expected to support growth.

• Strategic goal for 2030 is €100 million in revenue and 15–20% EBITA margin.