Koskisen posted a Q3 operating loss of EUR 1.4 million as high input costs and weak construction demand offset revenue growth, prompting the company to launch organizational streamlining efforts.
January-September 2026 results show revenue growth to EUR 300.0 million (+15.5%) but a sharp profit deterioration: EBITDA down 26.8% to EUR 16.7 million, operating result down 64.4% to EUR 4.3 million and the result for the period down 83.2% to EUR 1.3 million, with Q3 turning to a negative operating result of EUR -1.4 million. High energy and freight costs, high log prices and weak sawn timber demand are squeezing margins, and the company confirms 2026 guidance of an adjusted EBITDA margin below 2025's 8.1%. Cost pressure and the announcement of change negotiations covering most Finnish opera
Koskisen Corporation reported a challenging third quarter for 2026, with revenue rising to EUR 90.7 million while operating results slipped to a loss of EUR 1.4 million. High energy prices, elevated log costs, and weak demand in the construction sector weighed on profitability, leading the company to initiate change negotiations across its Finnish operations to streamline the organization.
For January-September 2026 revenue grew 15.5% to EUR 300.0 million, but EBITDA fell 26.8% to EUR 16.7 million and the result for the period dropped 83.2% to EUR 1.3 million, with the third quarter posting an operating loss of EUR -1.4 million.
The company is planning to simplify the organisation and streamline processes and has initiated change negotiations covering the majority of its operations in Finland, alongside completing the Järvelä sawmill investment programme.