Martela Corporation’s Interim Report 1 January – 31 March

Martela Corporation, Interim report, 14.5.2024, at 08:00 a.m.

The January–March 2024 revenue and operating result decreased compared to corresponding period in the previous year.

January–March 2024           

• Revenue was EUR 20.2 million (24.1), representing a change of -16.0%
• Operating result was EUR -2.2 million (-1.8)
• Operating profit per revenue was -11.0% (-7.5%)
• The result for the period was EUR -2.7 million (-2.2)
• Earnings per share amounted to EUR -0.60 (-0.49)

Outlook

Outlook for 2024
Martela anticipates its revenue to increase in full-year 2024 compared to previous year and operating result to be positive.

Key figures, EUR million

	2024	2023	Change	2023
	1-3	1-3	%	1-12
Revenue	20.2	24.1	-16.0 %	94.4
Operating result	-2.2	-1.8	22.7 %	-2.4
Operating result %	-11.0 %	-7.5 %		-2.5 %
Result before taxes	-2.5	-2.1		-3.3
Result for the period	-2.7	-2.2	23.4 %	-3.5
Earnings/share, EUR	-0.60	-0.49	21.9 %	-0.77
Return on investment %	-31.9	-24.1		-7.5
Return on equity %	-32.8	-17.3		-31.3
Equity ratio %	17.0	24.9	-31.7 %	20.0
Gearing %	203.4	82.1	147.7 %	137.2

Ville Taipale, CEO: