Financial information

Lamor’s Q1/2025: Orders received clearly above comparison period

08 May 2025

The value of orders received in the first quarter increased to EUR 27.6 million, and profitability improved. Revenue was lower than the comparison period, as expected. Preparations for the Kilpilahti plastic recycling plant continued as planned. The strategy execution proceeded with the optimisation of the sales organisation and the global centralisation of delivery chain management. Lamor is preparing to establish a service center in Saudi Arabia to meet regional demand.

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 Lamor Interim Report January–March 2025

January–March 2025 in brief

• Revenue was EUR 19.0 million (23.9), a decrease of 20.3%
• EBIT was EUR 1.6 million (0.4) or 8.5% of revenue (1.6%), an increase of 318.2%
• Adjusted EBIT was EUR 1.7 million (0.5) or 9.1% of revenue (2.0%), an increase of 258.6%
• Net cash flow from operating activities was EUR -5.6 million (-13.1)
• Net working capital remained at the same level as at the end of the previous quarter and decreased by 27.7% compared to Q1/2024, amounting to EUR 55.8 million euros at the end of the period (77.1).
• Earnings per share (basic) was EUR 0.00 (-0.01)
• Orders received was EUR 27.6 million (16.0), an increase of 71.9%
• After the reporting period, on 7 May 2025, Lamor held its Annual General Meeting, which approved all the proposals made by the Board of Directors and the Shareholders' Nomination Board to the meeting.

The figures in brackets refer to the comparison period, which is the same period the previous year, unless otherwise stated.

Guidance for 2025 (unchanged)

• Revenue is expected to increase compared to the previous year (2024: EUR 114.4 million). 
• Adjusted operating profit is expected to increase compared to the previous year (2024: EUR 6.4 million).