Koskisen Group’s consolidated revenue increased in January–June 2025 and amounted to Euro 176.0 million, compared to Euro 141.5 million in the H1 2024. The growth in revenue was mainly due to the Sawn Timber Industry segment's higher delivery volumes and slightly stronger end product selling prices when compared to the reference period.
Adjusted EBITDA improved and amounted to Euro 19.8 million. The improvement in EBITDA was due to the improved efficiency of production operations in the Sawn Timber Industry segment, increased delivery volumes and slightly higher sawn timber prices when compared to the corresponding period last year, although the effect of the latter was reduced by the price of wood raw material remaining very high.
Operating profit came to Euro 13.2 million. Depreciation, amortisation and impairment amounted to Euro 6.7 million. Profit before income tax amounted to Euro 11.4 million, and income tax for the period amounted to Euro 2.2 million. The profit for the financial period came to Euro 9.2 million, and earnings per share were Euro 0.40.
Koskisen Group’s Q2 2025 EBITDA increased year-on-year, with adjusted EBITDA amounting to Euro 10.3 million. The adjusted EBITDA margin was 11.5%.
The operating environment remains unstable. The erratic trade and customs policy of the United States is reflected in uncertainty, especially in consumer-driven demand, which remains weak in spite of lower interest rates. Koskisen has little trade with the US market, so the direct impacts of customs and trade policy are minor. The recovery of the construction sector has also yet to materialise. Although decisions that stimulate demand have been made in Europe, their impact remains small.
The profitability of the Sawn Timber Industry segment improved substantially during the second quarter year-on-year, with EBITDA amounting to Euro 4.2 million. Shift-specific production in Järvelä developed in line with expectations, and other operational indicators also developed in the right direction. Considering the operating environment and the general situation in the industry, the segment's profit performance remained strong: revenue grew substantially and EBITDA was at a moderate level of approximately 9% in spite of summer-related demand being more subdued than expected. The outlook for the autumn remains broadly uncertain in several markets.
Koskisen is an international wood processing specialist.
