Lamor swore to the loss – The company expects an improvement in earnings at the end of the year

Environmental technology company Lamorin adjusted operating profit in January–March was EUR 0.3 million in loss, while at the same time last year it was EUR 1.7 million in profit. The company’s adjusted operating profit margin was 2.0 percent negative.

The result was below Inderes’ forecast. Inderes expected an adjusted operating profit of EUR 0.1 million from the company.

Lamor’s turnover fell to 14.3 million euros in the review period. In January–March of last year, the company’s turnover was 19.0 million euros.

Turnover fell short of Inderes’ forecast. Inderes predicted the company’s turnover to be 15.2 million euros.

The company’s profit per share was EUR 0.06 in loss in January–March. At the same time last year, earnings per share were EUR 0.00.

Lamor’s guidance for the current year remained unchanged. The company expects the turnover in 2026 to be 80–92 million euros and the adjusted operating profit to be at the previous year’s level or higher, states the company’s press release.

Already implemented and ongoing strategic and operational measures create the foundation for a stronger, more profitable and more sustainable company, CEO Fred Larsen states in the announcement.

The orders received by the company fell to 8.3 million euros in January–March from 27.6 million euros at the same time last year. The order backlog at the end of the review period was 60.4 million euros, compared to 98.9 million euros a year earlier.

The news is based on the company’s stock exchange release and analyst forecast, if one has been available. The news has been prepared by artificial intelligence and checked by the editor before publication.