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Solwers

0.97 EUR-1.02 %6.11, 17.25
1,527 following

SOLWERS

First North Finland

Industrial Goods & Services

Industrials

Overview
Financials & Estimates
Dividend
Short Selling
Investor views
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-1.02 %
-15.11 %
-38.09 %
-54.15 %
-56.80 %
-55.82 %
-69.43 %
-86.86 %
-88.36 %

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
9.89M EUR
Turnover
1.17K EUR
P/E (adj.) (26e)
-6.33
EV/EBIT (adj.) (26e)
67.08
P/B (26e)
0.26
EV/S (26e)
0.46
Dividend yield-% (26e)
-
Coverage
Recommendation
Reduce
Target price
1.30 EUR
Updated
22.10.2026
Disclaimer
Atte Jortikka
Atte Jortikka

Analyst

Latest research

Latest analysis report

Released: 23.10.2026

Latest extensive report

Released: 03.02.2026

Revenue and EBIT-%
EPS and dividend
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Forum discussions
I’ve just updated our view. The situation really doesn’t look very good right now, and hopefully, in August, we will get clearer guidelines from the company on how the problems of the companies serving the industry in Sweden will be fixed Solwers: Kovenanttisolmu kiristyy tuloskehityksen...
6/18/2026, 5:54 AM
by Olli Vilppo
4
I don’t follow this one personally, but it sounds a bit bad: Sisäpiiritieto: Tulosvaroitus; Solwers peruuttaa näkymänsä vuodelle 2026 eikä täytä nykyistä kovenanttiehtoaan | Kauppalehti Solwers Plc estimates that its performance during the first half of 2026 has developed weaker ...
6/17/2026, 2:14 PM
by NukkeNukuttaja
4
Here are Ate’s comments on how Solwers announced the changes to the terms of its financing agreement, which relax the covenant regarding the net debt to EBITDA ratio Inderes – 25 Aug 26 Solwers sai lisäaikaa tuloskäänteelle kovenantteja väljentämällä - Inderes Väljemmät kovenantit...
8/25/2026, 4:54 AM
by Sijoittaja-alokas
2
Here is the pre-earnings company report from Atte, as Solwers reports its Q3 results on November 12 On Thursday, Solwers issued new guidance for 2026, while warning that the net debt to EBITDA covenant may potentially not be met at year-end. The outlook fell short of our previous...
10/23/2026, 1:28 PM
by Sijoittaja-alokas
1
Solwers released this kind of announcement today, where it provides new guidance for this year and updates its assessment regarding the fulfillment of its covenant terms Solwers Plc, Inside information, 22 October 2026 at 11:00 EET On 17 June 2026, Solwers withdrew its previous outlook...
10/22/2026, 6:36 PM
by Sijoittaja-alokas
1
Here is an equity research report on Solwers by Atte following their H1 results Solwers’ Q2 was a clear disappointment for us, as revenue declined and profitability weakened even relative to our estimates, which had already been cut following the profit warning. At the core of the...
8/26/2026, 5:11 AM
by Sijoittaja-alokas
1
Solwers’ CEO Johan Ehrnrooth was interviewed by Ate. Topics: (00:00) Introduction (00:12) Summary of the early year (00:57) Order book development (01:31) Problems in Sweden (02:13) Means to turn the direction (02:56) Amendment of financing agreement terms (03:50) Improving EBITDA...
8/25/2026, 2:50 PM
by Sijoittaja-alokas
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
12.11
2026

Business review Q3'26

23.2
2027

Annual report '26

21.4
2027

General meeting '27

Regulatory press release27.10.2026, 07.30

Solwers Oyj: Solwers Plc's financial calendar and Annual General Meeting 2027

Solwers
Third party research23.10.2026, 07.09

Solwers: Updates 2026 outlook, slightly below our estimates - Nordea

On 17 June, Solwers withdrew its outlook for 2026 due to uncertainty in business and profitability developments. The company’s visibility into business and earnings development for the remainder of the year has since improved, and Solwers today issued...

Solwers
Solwers Q3'26 preview: Earnings turnaround moves further away
Research23.10.2026, 12.29
by Atte Jortikka

Solwers Q3'26 preview: Earnings turnaround moves further away

Solwers' new guidance for 2026 weakens the outlook and tightens the covenant situation, leading to a lowered target price of EUR 1.3. The company is initiating negotiations with its main financier regarding potential waivers.

Solwers

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Regulatory press release22.10.2026, 10.00

Inside information, profit warning: Solwers issues new outlook for 2026 and updates its assessment of compliance with the covenant

Solwers
Regulatory press release15.09.2026, 10.00

Solwers Oyj: Composition of Solwers Plc's Shareholders' Nomination Board

Solwers
Regulatory press release31.08.2026, 10.00

Solwers Oyj: Solwers Plc's subsidiary Finnmap Infra Oy and Kreate Oy have reached a settlement

Solwers
Third party research26.08.2026, 07.05

Solwer: Q2 results weak; amendment to covenant received - Nordea

Solwers' Q2 results remained weak, with profitability still at an unsatisfactory level. Net sales of EUR 20.8m came in 12% below our estimate and were down 5% y/y, while adjusted EBITA of EUR 0.1m was 86% below our estimate of EUR 0.7m (versus EUR 0....

Solwers
Solwers H1'26: Covenant terms driving the earnings turnaround
Research26.08.2026, 10.24
by Atte Jortikka

Solwers H1'26: Covenant terms driving the earnings turnaround

The turnaround in earnings remains at the heart of the investment story, but its timing is difficult to predict, and the new covenant terms leave no room for delay.

Solwers
Third party research25.08.2026, 09.32

Solwers: Weak Q2 and covenant waiver extended to mid2027 - Nordea

Solwers reported its results for Q2 with sales of EUR 20.8m, 12% below our estimate of EUR 23.6m (no consensus available) and 5% down from EUR 21.9m y/y despite acquisitions conducted during the last twelve months. Adjusted EBITA of EUR 0.1m came in ...

Solwers
Solwers Oyj, H1 2026 webcast
Webcast25.08.2026, 09.30

Solwers Oyj, H1 2026 webcast

Solwers
Regulatory press release25.08.2026, 08.05

Solwers Oyj: Solwers Plc's Half-Year Report 1 January- 30 June 2026 (Unaudited)

Solwers
Solwers gained more time for a turnaround by easing its covenants
Analyst Comment25.08.2026, 09.02
by Atte Jortikka

Solwers gained more time for a turnaround by easing its covenants

Looser covenants provide about one year of additional time for an earnings turnaround.

Solwers
Regulatory press release24.08.2026, 13.15

Solwers Oyj: Solwers Plc has agreed on an amendment to the terms of its financing agreement

Solwers
Press release20.08.2026, 09.00

Solwers Oyj: Publication of Solwers' Half-Year Report for January-June 2026 and invitation to results webcast

Solwers
Solwers H1'26 preview: Profit warning points to continued weak earnings
Analyst Comment18.08.2026, 08.29
by Atte Jortikka

Solwers H1'26 preview: Profit warning points to continued weak earnings

We expect adjusted EBITA to decrease to 0.8 MEUR, weighed down by issues in Sweden.

Solwers
Analyst Comment29.06.2026, 07.24
by Kasper Mellas

Solwers negotiates waiver for its financial covenants

The exemption removes the most acute financing risk from the company, but it does not solve the challenges posed by the balance sheet and weak profitability.

Solwers
Regulatory press release26.06.2026, 16.15

Inside information: Solwers has agreed on temporary waiver under its financing agreement

Solwers
Solwers: Covenant knot tightens as earnings development falters
Research18.06.2026, 09.08
by Olli Vilppo

Solwers: Covenant knot tightens as earnings development falters

Solwers withdrew its guidance yesterday, suggesting that a critical earnings improvement may not materialize this year. We lowered our estimates.

Solwers
Third party research18.06.2026, 07.08

Solwers: Profit warning - withdraws 2026 outlook and will not meet current covenant conditions - Nordea

Solwers estimates that its performance in H1 2026 has developed weaker than expected and withdraws its outlook of 2026 EBITA improving from 2025. The uncertainty is due to, in particular, weaker performance by the group companies serving the industrial...

Solwers
Regulatory press release17.06.2026, 16.10

Inside Information: Profit Warning; Solwers withdraws its 2026 outlook and will not meet the current covenant condition

Solwers