Pressmeddelanden, rapporter och bolagsmeddelande för Martela Oyj A

Martela Corporation is reorganizing its management team to streamline operations, improve product and service development, and enhance market positioning. Technical product development will move to the Operations unit, while product portfolio management will shift to the new Brand, Products & Services unit. These changes will be effective from February 1, 2025. Eeva Terävä will lead the Brand, Products & Services unit, and Kari Leino will become Head of Product Portfolio and Design within the same unit. The updated management team will include Ville Taipale as CEO, Henri Berg as CFO, Kimmo Hakkala as VP of Customer Success, Suvi-Maarit Kario as VP of HR & Sustainability, Kalle Sulkanen as VP of Operations, and Eeva Terävä as VP of Brand, Products & Services. Martela is a Nordic company focused on creating user-centric working and learning environments.

Martela Corporation issued a correction to its previous stock exchange release, clarifying that the reported figures were for 2023, not 2024. The corrected figures for 2023 are a revenue of EUR 94.4 million and an operating loss of EUR 2.4 million. Preliminary unaudited financial statements for 2024 indicate a decline in both revenue and operating results compared to 2023, with revenue around EUR 87 million and an operating loss between EUR 6.3-6.7 million. The fourth quarter of 2024 also saw a decrease in performance due to strong market competition. Despite these challenges, the outlook for early 2025 is more positive, and Martela is planning measures to improve operational efficiency. The company will publish its full 2024 financial statements on February 12, 2025.

Martela Corporation announced that its preliminary unaudited financial results for 2024 did not meet the guidance issued in December 2024. The company's revenue and operating result for 2024 decreased compared to the previous year, with revenue around EUR 87 million and an operating loss between EUR 6.3-6.7 million. The fourth quarter of 2024 also saw declines in revenue and operating results compared to the same period in the previous year, with revenue approximately EUR 25 million and an operating loss of EUR 1.6-2.0 million. Market competition impacted margins in Finland and other areas. Despite this, the outlook for early 2025 is more positive than the same period in 2024, and Martela is planning measures to improve operational efficiency. The company will release its full financial statements for 2024 on February 12, 2025. Martela specializes in creating user-centric working and learning environments and offers lifecycle solutions that integrate furniture and services.

Martela Corporation is facing a challenging market environment that has affected its business volumes and profitability. Despite some economic recovery, uncertainties persist in its main markets. To address these challenges, Martela plans to streamline and reorganize its operations, which may result in the permanent reduction of about 20 positions and the use of temporary lay-offs. These measures, affecting personnel in Finland, Sweden, and Norway, aim to adjust the company's cost structure and improve flexibility. The expected annual cost savings from these actions are estimated at EUR 1.5-2.0 million. CEO Ville Taipale emphasizes the necessity of these adjustments to maintain competitiveness. Martela Group employs around 360 people across Finland, Sweden, Norway, and Poland.

Martela Corporation announced that while order intake has grown significantly this quarter, the expected revenue increase will be delayed, with many deliveries postponed to next year. The fourth-quarter results will be negatively impacted by low-margin projects, prompting the company to lower its full-year revenue and profit forecast for 2024. The new guidance predicts revenue to decrease to EUR 85-89 million, with an operating loss of EUR 3.8-6.1 million, compared to the previous forecast of EUR 91-97 million in revenue and an operating loss of EUR 0.0-1.8 million. The outlook for early 2025 is more positive than the same period in the current year. Martela is a Nordic company specializing in user-centric working and learning environments.

Martela Corporation has announced its financial calendar for 2025. The Annual Report for 2024 will be available on their website during the 11th week of 2025. The Annual General Meeting is scheduled for April 7, 2025, at 14:00, with the Board of Directors set to officially summon the meeting at a later date. Shareholders wishing to propose agenda items for the meeting must submit their requests in writing by January 24, 2025, to the Board of Directors at Martela Oyj in Espoo, Finland. Financial information will be published in both Finnish and English on the company's website. Martela is recognized as a Nordic leader in user-centric working and learning environments, offering solutions that integrate furniture and services.

Martela Corporation reported a decline in revenue and operating results for January-September 2024 compared to the same period in the previous year. Despite this, new orders increased by approximately 10% in the third quarter, particularly in Finland, Sweden, and Norway. The company's revenue for the third quarter was EUR 20.7 million, a 15.6% decrease from the previous year. The operating result for January-September 2024 was EUR -4.8 million, down from EUR -3.9 million the previous year. Martela anticipates its full-year 2024 revenue to be similar to 2023, at EUR 91-97 million, with a slightly negative operating result. CEO Ville Taipale noted market uncertainty and weak economic conditions earlier in the year, but observed signs of recovery in the third quarter. The company is focusing on flexible work environments and sustainability, with its "Workplace as a Service" concept gaining interest. The economic situation in the Nordic countries showed modest improvement in the third quarter, with increased demand for Martela's products and services. However, uncertainties remain due to geopolitical factors. Martela continues to develop its digital sales channels and remains committed to its strategic goals.

Martela Corporation announced on October 11, 2024, that Isku Inspira Oy has increased its ownership of Martela Corporation shares to over 10% following share transactions on October 10, 2024. This notification was made in compliance with the Finnish Securities Market Act. For further information, CFO Henri Berg can be contacted. Martela Corporation is a Nordic company specializing in user-centric work and learning environments, offering comprehensive solutions that integrate furniture and related services.

Martela Corporation announced that the growth in order intake, which began towards the end of the second quarter, has continued, with positive signals and stronger demand in key market areas. However, the market recovery is slower than anticipated, leading to some customer projects being postponed until early next year. Consequently, Martela has lowered its full-year revenue and profit forecast. The new guidance for 2024 anticipates revenue to be approximately at the previous year's level, ranging from EUR 91-97 million, and an operating loss between EUR 0.0-1.8 million. This contrasts with the previous guidance, which expected an increase in revenue and a positive operating result. Martela is a Nordic leader in user-centric working and learning environments, offering Martela Lifecycle solutions that combine furniture and related services.

Martela Corporation announced on September 18, 2024, that Isku Inspira Oy has increased its ownership to over 5% of Martela's share capital following share transactions on September 17, 2024. This notification was made in accordance with the Finnish Securities Market Act. For further information, contact CFO Henri Berg. Martela Corporation is a Nordic leader in user-centric working and learning environments, offering integrated furniture and related services.