Rauli’s preview comments as Luotea releases its Q4 results on Friday, Feb 27. 
This is the company’s first report following the partial demerger of Lassila & Tikanoja, although technically the official 2025 figures still reflect the old group structure. Clear comparative figures or consensus estimates are also unavailable, which makes interpreting the report more challenging. However, we expect Luotea’s results to improve compared to the comparison period, supported by Sweden. We also estimate that the earnings outlook for this year will be positive as the turnaround in Sweden progresses.