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Nurminen Logistics

0.71 EUR-0.28 %8.7, 17.25
4,232 following

NLG1V

NASDAQ Helsinki

Transport & Logistics

Industrials

Overview
Financials & Estimates
Dividend
Investor consensus
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-0.28 %
-17.48 %
-14.70 %
-26.33 %
-25.24 %
-34.44 %
-25.63 %
-38.17 %
-30.99 %

Nurminen Logistics is an industrial group that offers transport and logistics services. The company's services include freight forwarding and freight handling services via rail transport, where the largest market is found in the Nordic and Baltic markets. In addition, customized services for various projects are offered, as well as access to terminal services. The company was founded in 1886 and has its headquarters in Helsinki.

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Market cap
57.16M EUR
Turnover
9.4K EUR
P/E (adj.) (26e)
9.21
EV/EBIT (adj.) (26e)
7.12
P/B (26e)
1.64
EV/S (26e)
0.93
Dividend yield-% (26e)
2.82 %
Coverage
Recommendation
Accumulate
Target price
0.80 EUR
Updated
08.07.2026
Disclaimer
Aapeli Pursimo
Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 08.07.2026

Latest extensive report

Released: 19.06.2025

Revenue and EBIT-%
EPS and dividend
Financial calendar
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Business risk
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Forum discussions
Thanks for pointing that out, it’s been fixed now and should be visible without premium now
7/4/2026, 5:28 PM
by Petri Gostowski
7
As for North Rail, it is natural to consider the export duties as “final” and, consequently, to view this business as lost. However, we have enough experience with Russia’s decisions that I would not be at all certain that the same increases will remain in effect next year. One would...
11 hours ago
by Perttu Hämäläinen
5
The co-determination negotiations (yt-neuvottelut) are only at North Rail, not the entire company. It’s pretty harsh if the revenue drops by a few million as announced in the stock exchange release.
7/6/2026, 4:35 PM
by T3r00
2
It looks like there’s at least a four-week break in traffic in Uusikaupunki as well, judging by the canceled trains, even though those ammonia shipments weren’t supposed to be under any major transport constraints. (Let’s remember that in 2024, Uusikaupunki was completely without...
yesterday
by KooAP
1
Regarding the subsidiary North Rail Oy, that does indeed seem to be the case. However, let’s keep in mind that the total number of personnel for the entire group was 181 people at the end of last year.
7/6/2026, 4:24 PM
by Hermot Lehman
1
Here are Petri’s comments on Nurminen’s North Rail initiating change negotiations. Inderes – 6 Jul 26 Nurminen Logistics reagoi toimintaympäristön muutokseen - Inderes Nurminen tiedotti perjantaina, että sen tytäryhtiö North Rail Oy käynnistää muutosneuvottelut
7/6/2026, 7:31 AM
by Sijoittaja-alokas
1
Here is Aapeli’s preview report ahead of Nurminen’s Q2 results on Friday, July 24th. Following last week’s profit warning, we have significantly lowered our earnings forecasts for Nurminen Logistics for the coming years. The profit warning was driven by Russian tariff increases, ...
18 hours ago
by Sijoittaja-alokas
0
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Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
24.7
2026

Interim report Q2'26

22.10
2026

Interim report Q3'26

Nurminen Logistics Q2'26 preview: Westward bound
Research08.07.2026, 07.50 by
Aapeli Pursimo

Nurminen Logistics Q2'26 preview: Westward bound

We significantly lowered our earnings estimates for Nurminen Logistics for the coming years due to last week's profit warning.

Nurminen Logistics
Regulatory press release07.07.2026, 13.30

Nurminen Logistics Plc to issue new shares in the company to the company itself without consideration

Nurminen Logistics
Nurminen Logistics reacts to changes in the operating environment
Analyst Comment06.07.2026, 08.27 by
Petri Gostowski

Nurminen Logistics reacts to changes in the operating environment

Nurminen announced on Friday that its subsidiary North Rail Oy will initiate change negotiations.

Nurminen Logistics

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Regulatory press release03.07.2026, 12.00

Nurminen Logistics Plc's subsidiary, North Rail Oy, will initiate change negotiations to ensure the company's competitiveness in a rapidly changing market environment

Nurminen Logistics
Nurminen Logistics downgraded its guidance due to Russian tariff increases
Analyst Comment03.07.2026, 07.44 by
Petri Gostowski

Nurminen Logistics downgraded its guidance due to Russian tariff increases

Nurminen Logistics issued a profit warning on Thursday, due to Russia's decision to significantly increase tariffs for rail transport to Finland.

Nurminen Logistics
Regulatory press release02.07.2026, 11.45

Nurminen Logistics Plc: Inside information, profit warning: Outlook 2026 - Net sales to remain at or slightly below 2025 level. Comp. EBITA to decline clearly from 2025 while remaining at a good level

Nurminen Logistics
Russia's revisions to railway tariffs could hit Nurminen Logistics
Analyst Comment02.07.2026, 08.11 by
Petri Gostowski

Russia's revisions to railway tariffs could hit Nurminen Logistics

Finnish news outlets have recently reported on Russia's decisions to close border crossings between the country and Finland.

Nurminen Logistics
Nurminen Logistics CMD: Intra-European railway business as a medium-term growth driver
Analyst Comment20.05.2026, 10.31 by
Aapeli Pursimo

Nurminen Logistics CMD: Intra-European railway business as a medium-term growth driver

Nurminen Logistics hosted a Capital Markets Day (CMD) in Stockholm yesterday, and a recording of the event is available here.

Nurminen Logistics
Nurminen Logistics’ Capital Markets Day 2026
Webcast19.05.2026, 13.00

Nurminen Logistics’ Capital Markets Day 2026

At the Capital Markets Day, the company's management will provide information on Nurminen Logistics’ key strategic focus areas, business operations and operating environment, as well as present the company's financial development.

Nurminen Logistics
Regulatory press release28.04.2026, 15.00

Decisions of the Annual General Meeting of Nurminen Logistics Plc

Nurminen Logistics
Nurminen Logistics Q1'26: Pace picks up as the year progresses
Research24.04.2026, 10.12 by
Aapeli Pursimo

Nurminen Logistics Q1'26: Pace picks up as the year progresses

Nurminen Logistics’ Q1 report was well in line with our expectations.

Nurminen Logistics
Regulatory press release23.04.2026, 08.00

Nurminen Logistics Plc's Business Review Q1 2026: Train traffic between Italy and Sweden accelerates future growth - operating profit remained at an industry-leading level

Nurminen Logistics
Nurminen Logistics Q1’26 preview: Earnings likely to clearly decrease from a strong comparison period
Analyst Comment20.04.2026, 09.03 by
Aapeli Pursimo

Nurminen Logistics Q1’26 preview: Earnings likely to clearly decrease from a strong comparison period

Nurminen Logistics will publish its Q1 report on Thursday, April 23, 2026.

Nurminen Logistics
Regulatory press release16.04.2026, 09.15

Nurminen Logistics: Disclosure under Chapter 9 Section 5 of the Securities Markets Act

Nurminen Logistics
Regulatory press release07.04.2026, 14.00

Nurminen Logistics: NOTICE TO NURMINEN LOGISTICS PLC'S ANNUAL GENERAL MEETING

Nurminen Logistics
Press release19.03.2026, 10.50

FS Logistix-Nurminen Logistics: new 2,500 km connection between Italy and Sweden

Nurminen Logistics
Regulatory press release13.03.2026, 10.30

Nurminen Logistics Plc - Managers' transactions - Nordström

Nurminen Logistics
Regulatory press release13.03.2026, 10.30

Nurminen Logistics Plc - Managers' transactions - Mäkelä

Nurminen Logistics
Regulatory press release13.03.2026, 10.30

Nurminen Logistics Plc - Managers' transactions - Linnajärvi

Nurminen Logistics
Regulatory press release13.03.2026, 10.30

Nurminen Logistics Plc - Managers' transactions - Pohjanvirta

Nurminen Logistics