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Martela Oyj

Sector unknown·MARAS · Nasdaq Helsinki·Fiscal year to 31/12/2025

E-commerceDigitalisationElectricityGrain and agricultural commoditiesBusiness cycle and GDP growth

Exposure profile

Raw materials and inputsMacroTechnologyRegulationEnd marketsGeography
Raw materials and inputs Electricity, Grain and agricultural commodities
Macro Business cycle and GDP growth, Employment, Hybrid work and office use
Technology E-commerce, Digitalisation
Regulation ESG and sustainability reporting, EU climate and energy policy, Circular economy and recycling
End markets Real estate, Industrial manufacturing
Geography Denmark, Nordics

Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.

In their own words

Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.

Education

End markets

Market

“We create the best places to work and support our customers’ business with Martela Lifecycle solutions, which enable furniture and their related services to be integrated into a seamless whole.”

Annual report 2025A · The company itself

Market

“The share of sales to learning environments increased clearly compared to the previous year.”

Annual report 2025A · The company itself

Market

“In Finland, sales to companies and learning environments grew strongly, while sales to the municipal and state sectors decreased.”

Annual report 2025A · The company itself

Circular economy and recycling

Regulation

StrategyPositive impact: strengthens

“During the year, we strengthened our leadership in utilising the circular economy, and for our customers, this development work is reflected in sustainably manufactured products and lifecycle services for our customers.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Martela has invested in sustainability for decades, and the company’s business model is based on the circular economy and lifecycle thinking. The Workplace as a Service (WaaS) model meets companies’ needs to extend the lifecycle of furniture and reduce the challenges associated with ownership.”

Annual report 2025A · The company itself

Chains in: EU climate and energy policy strengthens

Digitalisation

Technology

StrategyPositive impact: strengthens

“Customer experience remained a key competitive factor, and digital services became an increasingly important part of the procurement process. The development of e-commerce and digital design services enabled a smoother customer experience.”

Annual report 2025A · The company itself

Chains in: Cybersecurity (products and services) strengthens, Public investment and infrastructure strengthens
Chains out: this strengthens IT consulting and public-sector IT

E-commerce

Technology

StrategyPositive impact: strengthens

“Customer experience remained a key competitive factor, and digital services became an increasingly important part of the procurement process. The development of e-commerce and digital design services enabled a smoother customer experience.”

Annual report 2025A · The company itself

Public sector

End markets

Market

“In Finland, sales to companies and learning environments grew strongly, while sales to the municipal and state sectors decreased.”

Annual report 2025A · The company itself

Retail

End markets

Market

“We create the best places to work and support our customers’ business with Martela Lifecycle solutions, which enable furniture and their related services to be integrated into a seamless whole.”

Annual report 2025A · The company itself

Chains in: Consumer spending strengthens

Business cycle and GDP growth

Macro

DriverNegative impact: weakens

“In the Nordic countries, weak economic development caused caution among organizations when making procurement decisions. Employment development, particularly in Finland and in Sweden, was weak, and vacancy rates in office real estate markets remained high across all our main market areas.”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“In the Nordic countries, weak economic development continued to cause caution among organizations when making procurement decisions.”

Annual report 2025A · The company itself

Chains out: this strengthens Global trade volumes, strengthens Construction

Hybrid work and office use

Macro

DriverPositive impact: strengthens

“More remote work is done in Finland than in other European countries. Martela aims to make workplaces even more attractive with its products and services, which in turn increases opportunities to improve productivity.”

Annual report 2025A · The company itself

DriverPositive impact: strengthens

“Companies became aware of the importance of collaboration during 2025 and the pressure to return to the office increased. Remote work was found to have weakened collaboration between individuals and teams, and several companies began to limit the amount of remote work. Companies focused on optimising their office spaces and developed their facilities to support a more hybrid work model, where workdays are divided more evenly between the office, remote work, and shared spaces.”

Annual report 2025A · The company itself

Chains out: this weakens Office and commercial property

Real estate

End markets

DriverPositive impact: strengthens

“The vacancy rates in office real estate market is expected to peak in 2025 and the market stabilise, especially for modern and flexible premises.”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“Employment development, particularly in Finland and in Sweden, was weak, and vacancy rates in office real estate markets remained high across all our main market areas.”

Annual report 2025A · The company itself

Chains in: Interest rates weakens

Employment

Macro

DriverNegative impact: weakens

“In the Nordic countries, weak economic development caused caution among organizations when making procurement decisions. Employment development, particularly in Finland and in Sweden, was weak, and vacancy rates in office real estate markets remained high across all our main market areas.”

Annual report 2025A · The company itself

ESG and sustainability reporting

Regulation

DriverPositive impact: strengthens

“The EU’s circular economy regulations and companies’ sustainability reporting obligations encouraged organisations to choose sustainable and refurbishable furniture and services based on lifecycle thinking.”

Annual report 2025A · The company itself

EU climate and energy policy

Regulation

DriverPositive impact: strengthens

“The EU’s circular economy regulations and companies’ sustainability reporting obligations encouraged organisations to choose sustainable and refurbishable furniture and services based on lifecycle thinking.”

Annual report 2025A · The company itself

Chains out: this strengthens Circular economy and recycling, strengthens Energy efficiency

Industrial manufacturing

End markets

DriverPositive impact: strengthens

“Martela ranked number one in 11 evaluation categories in Taloustutkimus’ Work Life Decision Makers 2025 study – more than any other company in the industry. A strong Net Promoter Score (NPS) of 40, together with top ratings in quality, ergonomics and reliability, highlights the trust built through long-term, customer-driven work.”

Annual report 2025A · The company itself

Electricity

Raw materials and inputs

DriverPositive impact: strengthens

“On the other hand, fluctuations in energy and raw material prices, as well as disruptions in supply chains, were moderate, which stabilized production costs and their predictability, as in the previous year.”

Annual report 2025A · The company itself

Chains in: Data centres strengthens, Electrification strengthens
Chains out: this strengthens Power grid expansion

Grain and agricultural commodities

Raw materials and inputs

DriverPositive impact: strengthens

“On the other hand, fluctuations in energy and raw material prices, as well as disruptions in supply chains, were moderate, which stabilized production costs and their predictability, as in the previous year.”

Annual report 2025A · The company itself

Chains out: this strengthens Beer and beverages, mixed effect Agriculture and food production

Denmark

Geography

Geography

“Our main market areas are Finland, Sweden and Norway, and our solutions are also sold globally through our network of dealers.”

Annual report 2025A · The company itself

Geography

“Our production facilities are located in Finland and Poland.”

Annual report 2025A · The company itself

Geography

“Martela improved profitability in Finland with productivity improvement programs and by concentrating on strategic focus areas.”

Annual report 2025A · The company itself

Nordics

Geography

Geography

“Our main market areas are Finland, Sweden and Norway, and our solutions are also sold globally through our network of dealers.”

Annual report 2025A · The company itself

Geography

“Revenue grew in Finland and other countries in 2025, while it decreased in Norway and remained at the previous year’s level in Sweden.”

Annual report 2025A · The company itself

Competitors mentioned in the report

No named competitors in the report.

Financial figures

Revenue
latest fiscal year
0.09 bn EUR
Revenue growth
vs. the year before, same method
8.1 %
EBITDA
reported by the company
N/A
Net debt
debt incl. leasing minus cash
N/A
Diluted EPS
per share
-0.75 EUR

Source: annual report (ESEF) A. See the report

Criteria

Profit✗
Growing✓
Healthy balance sheetN/A

Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.

Figures are in the report's currency (EUR), not converted to DKK. Quotes are shown as the company's own words in the report's original language.

This page describes what the company itself writes. It isn't an assessment and isn't a recommendation. Run an analysis to see how the company connects to your view.