Puuilo Oyj (PUUILO) Earnings Call Transcripts

Puuilo Oyj's Latest Earnings Call - Q1 FY2027

Puuilo Oyj reported strong first quarter results for fiscal year 2026, with net sales reaching approximately EUR 104 million, a 16.3% increase year-over-year. Adjusted EBITA rose to EUR 16.3 million, reflecting a 50% growth compared to the same period last year, and earnings per share improved by 45% to EUR 0.13. Management maintained its full-year guidance for net sales between EUR 480 million and EUR 510 million and adjusted EBITA between EUR 80 million and EUR 90 million, citing uncertainties in the economic environment and geopolitical tensions as potential risks.

Reported metrics

Guidance from management

Management reiterated its guidance for FY 2026, expecting net sales between EUR 480 million and EUR 510 million and adjusted EBITA between EUR 80 million and EUR 90 million, citing uncertainties in the economic environment as a risk factor.

What management said

Maria, thanks for the questions. All product categories has grown and are growing. Of course, there are some differences and variations between them, but all product categories have grown. And so our growth has been very wide, and there are no, let's say, issues or problems with product categories growth.

We have not decided that what is our brand name in Sweden, but let's say that Puuilo could be the nice and different brand name it is in Finland also. What is coming to the setup cost, EUR 1 million, we are quite confident that it is enough. And it seems -- it seems that our estimation is that it is a good amount and amount enough to do everything what we need to start the business in Sweden, I mean that in this co...

What analysts pressed on

Analysts expressed concerns regarding the cautious outlook despite strong Q1 results, questioning whether like-for-like growth and profitability could sustain in the latter part of the year. There were also inquiries about the impact of rising oil prices on purchasing costs and the sustainability of gross margin expansion.

Main topics on the call

• Strong Revenue Growth — Net sales for Q1 were approximately EUR 104 million, up 16.3% YoY, with like-for-like sales growth of 7.7%. CEO Juha Saarela noted, "Customer traffic continued to increase in both old and new stores," indicating robust d...
• Gross Margin Expansion — Gross margin improved to 39%, an increase of 2 percentage points YoY, driven by higher sales of private label products, which grew approximately 28%. Annu von Weymarn stated, "The strengthening of the gross margin level ...
• Profitability Improvement — Adjusted EBITA reached EUR 16.3 million, representing a margin of 15.7% of net sales, with a significant increase of EUR 5.4 million YoY. The management emphasized that "growth has not come at the expense of profitabilit...
• International Expansion Plans — The company is preparing to enter the Swedish market, with setup costs estimated at EUR 1 million. Juha Saarela confirmed, "All preparations are going as planned," indicating confidence in the expansion strategy.

Read the full Puuilo Oyj transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 13 Puuilo Oyj earnings call transcripts on record, spanning September 13, 2023 to June 11, 2026. Based on this history, Puuilo Oyj reports quarterly. The most recent call on file is dated June 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PUUILO

Exchange

HLSE

Country

FI

Sector

Consumer Discretionary

Industry

Broadline Retail

Calls on record

13

First call

September 13, 2023

Most recent

June 11, 2026

Reporting cadence

quarterly