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Solwers

1.96 EUR

-0.76 %

1,502 following
Corporate customer

SOLWERS

First North Finland

Industrial Goods & Services

Industrials

-0.76 %
-15.00 %
-13.11 %
-5.56 %
-15.00 %
-19.21 %
-62.97 %
-
-76.59 %

Solwers is a consulting company focused on the industrial sector. The company specializes in digital solutions that involve planning and project management services. Examples of the company's services include architecture, technical consulting, environmental monitoring, project management, circular economy and digital solutions. Customers are found in several industries, mainly among small and medium-sized business customers. Operations are found throughout the global market, with the largest presence in the Nordic region.

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Market cap
19.88M EUR
Turnover
15.49K EUR
P/E (adj.) (26e)
29.24
EV/EBIT (adj.) (26e)
18.52
P/B (26e)
0.49
EV/S (26e)
0.58
Dividend yield-% (26e)
-
Coverage
Recommendation
Reduce
Target price
2.10 EUR
Updated
05.03.2026
Disclaimer
Olli Vilppo
Olli Vilppo

Analyst

Latest research

Latest analysis report

Released: 06.03.2026

Latest extensive report

Released: 03.02.2026

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
17.4
2026

General meeting '26

21.5
2026

Business review Q1'26

25.8
2026

Interim report Q2'26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
Third party research

Solwers: Market conditions remain soft in early 2026 - Nordea

Solwers' Q4 sales were weak, 11% below our expectation, and EBITA of EUR 1.0m was 32% below our estimate, a clear turn for the worse from Q3, as there were signs of stabilisation. So far, the company has realised EUR 0.3m of its cost-efficiency programme...

Solwers

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Third party research

Solwers: Weak Q4 and challenging beginning of 2026 - Nordea

Solwers reported its results for Q4 with sales of EUR 20.7m, 11% below our estimate of EUR 23.2m. The reported EBITA (Solwers definition) was EUR 1.0m, 32% below our EUR 1.5m estimate and broadly flat y/y. EBIT of EUR 0.2m came in 83% below our estimate...

Solwers
Third party research

Solwers: Acquisitions to drive growth in 2026 - Nordea

Ahead of Solwers' Q4 2025 report, we raise our EBIT estimates by 20-23% for 2026-27 on the back of two sizeable acquisitions announced in December. The acquisitions add over 5% to our top-line estimates for 2026, and the EBIT impact is significant, nearly...

Solwers
Forum discussions
Here is the interview with the new CEO Johan: Solwers Q4'25: Positiivisia merkkejä - Inderes As an addition to the morning comment, I estimated there that net debt/EBITDA remained at around the 5x level, but when including the acquired companies as if they had been owned for the ...
3/5/2026, 12:44 PM
by Olli Vilppo
6
Solwers’ updated comprehensive report is available here for free. No changes were made to the forecasts, but the company’s situation was reviewed comprehensively. Inderes Solwers laaja raportti: Potentiaali on selvästi nykyistä korkeammalla - Inderes Solwers on asiantuntijapalveluyhti...
2/3/2026, 6:26 AM
by Olli Vilppo
5
Solwers’ updated analysis. Solwers H2'25: Tuloskasvunäkymä siirtyy jälleen eteenpäin - Inderes It hasn’t entered an earnings growth path just yet (either), so we’ll wait for clearer signs of the critical earnings growth acceleration. By all logic, the capital invested in the company...
3/6/2026, 6:42 AM
by Olli Vilppo
4
Here are the initial impressions; I still need to read through the report carefully and interview Johan. If you have any good questions, feel free to share them! Inderes Solwers H2'25 -pikakommentti: Odottamaamme tuloskäännettä ei vielä saatu... Solwers julkaisi aamulla H2’25 raporttinsa...
3/5/2026, 7:45 AM
by Olli Vilppo
3
Olli and Iikka discussed Solwers in light of the extensive report. Inderes Solwers: Korkean riskin osake - Inderes Aika: 03.02.2026 klo 17.25 Solwersin osakekurssi on laskenut reippaasti listautumisen jälkeen. Yritysostoista huolimatta yhtiön tulostaso on laskenut ja korkea velkaantuneisuu...
2/3/2026, 8:43 PM
by Sijoittaja-alokas
3
Here are Olli’s comments on Solwers’ second new acquisition. Inderes Solwersilta jo toinen yrityskauppa lyhyen aikavälin sisään - Inderes Solwers tiedotti perjantaina jo toisesta yrityskaupasta vuorokauden sisään, kun sen ruotsalainen tytäryhtiö WiseGate AB sopi ostavansa Odigo Consulting...
12/22/2025, 6:03 AM
by Sijoittaja-alokas
2
News Powered by Cision Solwers Oyj:n tilinpäätöstiedote 1.1.-31.12.2025 Solwers Oyj:n tilinpäätöstiedote 1.1.-31.12.2025 (tilintarkastamaton) Solwers Oyj, July-December 2025 in brief • Revenue contracted by -0.3% compared to the same period last year and was 38,249 (38,371) thousand...
3/5/2026, 6:49 AM
by kettunen
1
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