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Martela reports Q2 loss after sharp sales decline

Finnish office furniture maker Martela posted a net loss of €1.0m in the second quarter on revenue of €14.5m, a 41% drop from the previous year. Loss per share was €0.26 and adjusted EBIT was minus €1.6m. Martela attributes the weakness to significantly lower demand in the Nordic region, customer uncertainty, project postponements and smaller average project sizes. For 2026 the company expects revenue of €66–73m and a comparable operating result of minus €1–minus €3m, and does not expect demand to recover before the end of 2026. » More on de.investing.com

Historical dividends Dividends

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In 2023, MARTELA A has already paid €0.10 in dividends. The last payout was in April 2023.

Financials

In the last quarter, MARTELA A had revenue of €14.51m and net profit of -€1.04m

(EUR)	June 2026	YoY
Revenue	14.51m	41.01%
Gross profit	-1.64m	106.65%
Net profit	-1.04m	157.39%
EBITDA	1.19m	41.86%

Fundamentals

Metric	Value
Market capitalization	€2.41m
Number of shares	4.03m
52-week high/low	€1.13 - €0.41
Dividends	No
Beta	0.38
P/E ratio	-0.62
PEG ratio	-0.04
P/B ratio	-0.51
P/S ratio	0.03

Company profile

Martela Oyj operates in the workplace industry in Finland, Sweden, Norway, and internationally. It offers phone booths/POD family products; seating products, such as universal chairs, conference chairs, stools, benches, easy chairs, sofas, task chairs, school chairs, and care chairs; tables, including conference tables, side and sofa tables, desks, folding tables, school tables, standing height tables, and universal tables; and storage products comprising cabinets and lockers, pedestals, school cabinets and lockers, and shelving systems. The company also provides floor and table screens, and space dividers; meeting modules; school furniture products; and other products, such as wastepaper baskets, coat racks, decorative cushions, gobags, tool boxes, paper rolls, chair trollies, wardrobes, and sorters. In addition, it offers wire management accessories consisting of cable holders and channels, card organizers, cable tubes, power supply products, wire holes, and power outlets and holders; and workstation accessories, including computer holder, storage basket, table shelves, and drawers. Further, the company provides fabrics and surface materials; and workplace consultancy, interior and space design and implementation, and furniture optimization and recycling services. Martela Oyj offers its solutions for workplaces, mobile works, and activity-based offices. The company was founded in 1945 and is headquartered in Helsinki, Finland.