@Rauli_Juva has put together a new report, I was already somewhat expecting it, there are 25 hours in a day if needed
: Lassila & Tikanoja Q1'25: Vahva aloitus vuodelle tukee tuloskasvunäkymää - Inderes
“L&T’s revenue decreased by 5% in Q1, which was a weaker performance than we expected. There was a decrease in all segments.”
While scrutinizing the report, it seems that Rauli doesn’t appear to have bought into this explanation regarding Finnish property services at all, or perhaps I read carelessly: “In property services in Finland, the revenue contraction was affected by a winter with little snow”. Those are notoriously very low-margin contracts. This is in addition to the revitalization of the contract portfolio.