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Honkarakenne
Honkarakenne (HONBS) investor relations material
Honkarakenne Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary12 Feb, 2026
Executive summary
Net sales for 2025 were EUR 37.2 million, up 1.2% year-over-year, but operating profit declined to EUR -4.0 million from EUR -2.4 million.
Adjusted operating profit was EUR -3.9 million, and adjusted profit before taxes was EUR -4.3 million.
The order book grew 12% to EUR 24.8 million, reflecting increased project business orders.
The Board proposes no dividend or capital repayment for 2025.
Financial highlights
H2 2025 net sales fell 8% to EUR 20.4 million; H2 operating profit was EUR -1.2 million.
Full-year earnings per share were EUR -0.70, down from EUR -0.37.
Net financial liabilities rose to EUR 1.0 million from EUR -0.5 million.
Equity ratio stood at 53.1%, down from 59.7%.
Gross investments totaled EUR 0.9 million, mainly for production line upgrades.
Outlook and guidance
2026 net sales are expected to rise to EUR 42–45 million, with EBIT between EUR -1.0 and +0.5 million.
Growth is anticipated in both domestic and export project businesses, though economic and geopolitical uncertainties persist.
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Next Honkarakenne earnings date
Q2 202626 Aug, 2026
Honkarakenne
Next Honkarakenne earnings date
Q2 202626 Aug, 2026
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Frequently asked questions
Honkarakenne Oyj is a Finnish company specializing in the design, manufacturing, and sale of log houses and wooden structures. The company produces residential homes, holiday cabins, and public buildings using sustainable timber construction techniques. Honkarakenne focuses on eco-friendly and energy-efficient building solutions, catering to domestic and international markets. Its offerings include customizable designs for private customers, developers, and commercial projects. The company is headquartered in Karstula, Finland, and its shares are listed on the Nasdaq Helsinki.
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