Privacy preferences
Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.
  • Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Short SellingSee which listed companies have disclosed short interest
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Suominen: Slight EBITDA beat driven by higher production while cash flows were weak - Nordea

SUY1VThird party research05.11.2026, 09.05
Discuss

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
Suominen Q2 comparable EBITDA of EUR 5.1m came 8% above Vara Research consensus expectations. Net sales of EUR 101m were up 1% y/y and came 7% below consensus. FX had EUR 1.4m posigive impact on sales. EBITDA improvement was mainly related to higher volumes and lower fixed cost while mix had a negative impact. Net pricing contributed positively. Q3 operating cash flow of EUR -8.5m was weak and down from EUR 15.7m a year ago due to higher net working capital. The company aims to optimise its working capital which we believe could lead to weaker profitability if demand is not improving. The company continued to have operational challenges in two US production lines. Suominen reiterated its guidance for improving comparable EBITDA in 2026 from EUR 12.6m in 2025 while consensus is at EUR 15.6m. Initially, we expect consensus revisions to be muted.