Wulff-Yhtiöt (WUF1V) Q1 2026 earnings summary

Executive summary

• Net sales rose 16.0% year-over-year to EUR 31.5 million, with strong growth in both main segments.

• EBITDA increased to EUR 3.3 million (10.5% margin), and comparable EBITDA was EUR 1.7 million.

• Operating profit (EBIT) reached EUR 2.5 million, with comparable EBIT at EUR 0.9 million.

• EPS improved to EUR 0.35, with comparable EPS at EUR 0.11.

• A one-off gain of EUR 1.8 million from a property sale was excluded from comparable results.

Financial highlights

• Gross margin was EUR 9.4 million, representing 29.9% of net sales.

• Net profit attributable to equity holders was EUR 2.4 million; comparable net profit was EUR 0.7 million.

• Cash flow from operating activities was EUR 0.5 million.

• Return on equity (ROE) was 9.4%; return on investment (ROI) was 5.1%.

• Equity ratio stood at 35.4%; debt-to-equity ratio was 86.2%.

Outlook and guidance

• Net sales are expected to increase in 2026, with comparable operating profit to remain at a good level.

• Growth is anticipated especially in service businesses from 2025 onward.

• Key uncertainties include economic and employment trends, inflation, interest rates, and geopolitical risks.