Etteplan

Etteplan's Q4 results came slightly below expectations, but showed progress from last year. Guidance implies a modest improvement despite the challenging market conditions.

Etteplan is set to report its Q4 figures on February 12. We expect that the market and demand situation remained challenging in Q4, with no clear signs of recovery in 2026.

Despite the profit warning released ahead of the Q3 report, there were also positives in the report considering the challenging market conditions. However, the short-term outlook and visibility of a potential market turn remain muted.

Etteplan issued a profit warning yesterday alongside preliminary Q3 figures. Today's full results were broadly in line with our estimates, which still reflected the old guidance. Profitability improved clearly from last year’s weak levels, supported ...

Etteplan reports Q3 figures on October 29. We expect improvement from an easier comparison period, although organic growth drivers remain few and visibility strained.