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Financial Targets and Outlook

Financial Targets and Outlook for the Strategy Period 2024–2027

Growth

The growth target is an annual revenue growth of approximately 10%, including both organic growth and acquisitions.

The revenue target for the end of the strategy period, i.e. for 2027, is at least EUR 200 million.

Profitability

The profitability target is an adjusted EBITDA margin of 15% for the end of the strategy period, i.e. for 2027.

Capital

The return on investment (ROI) target is to generate a ROI of more than 10%.

Net debt/EBITDA is to be between 0–2x.

Outlook for 2026

Loihde announced 1 October 2026 that the company does not provide guidance of revenue and earnings for 2026. Loihde considers that it does not currently have sufficient financial and operational information of the acquired BLC Turva Oy. 

Due to Loihde's and BLC Turva's previous competitive position and lengthy proceedings by the competition authority (FCCA), Loihde has had limited opportunities to access the financial and operational information of the acquired company. In addition, the FCCA decision included a condition for divesting some of the business operations in three regions. The revenue from the divestments is less than MEUR 10 in total. The resolution of FCCA has no essential impact on the cost synergy target of over EUR 3 million related to the acquisition of BLC Turva.

Loihde’s business has developed as planned in 2026. When considering the business in accordance with the company structure before the BLC Turva acquisition, its outlook is unchanged.  

Previous outlook

In 2026, Loihde expects the Group’s revenue and adjusted EBITDA to grow or be on a par with the previous year.

In November 2025, Loihde signed an agreement on acquiring the entire share capital of BLC Turva Oy. The implementation of the conditions set for the acquisition by the Finnish Competition and Consumer Authority is still pending, and therefore it has not been taken into account in the financial guidance issued at this time. Loihde will update the guidance following the completion of the transaction.