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Orthex Oyj

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

E-commercePlastics and polymersSea freight and freight ratesConsumer spending

Exposure profile

Raw materials and inputsMacroTechnologyRegulationEnd marketsGeography
Raw materials and inputs Plastics and polymers, Sea freight and freight rates
Macro Consumer spending, Interest rates, Hybrid work and office use, Geopolitical uncertainty
Technology E-commerce
Regulation Packaging regulation and deposit schemes, Circular economy and recycling, ESG and sustainability reporting
End markets not mentioned
Geography Urbanisation, Europe, 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.

Circular economy and recycling

Regulation

DriverPositive impact: strengthens

“Demand for products made from recycled and renewable materials is accelerating and Orthex’s portfolio of novelties reflects this trend.”

Annual report 2025A · The company itself

InputNegative impact: weakens

“Key sustainability actions 2025 Water and marine resourc es We increased the share of recycled and renewable materials (used kg) to 17.9% (2024: 16.6%).”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Orthex is reducing the carbon footprint of its production and products by increasing the use of recycled and renewable raw materials. • Orthex believes that it has potential to be a preferred supplier of sustainable products. • Innovation plays an important role in Orthex growth strategy. • When developing new products and concepts Orthex will focus on improving consumers’ everyday life with sustainable and practical products with timeless design.”

Annual report 2025A · The company itself

Market

“The Home & Garden category showed 6.0% growth with invoiced sales amounting to 10.0 million euros compared to 9.4 million euros in the previous year. The growth was driven by higher sales of our flowerpots made of recycled material.”

Annual report 2025A · The company itself

Chains in: EU climate and energy policy strengthens

Europe

Geography

StrategyPositive impact: strengthens

“Orthex’s key priorities in its growth strategy are to become the number one brand in the storage product category in Europe and strengthen its position as a leading Nordic houseware company with strong brands and sustainable products.”

Annual report 2025A · The company itself

StrategyPositive impact: strengthens

“Orthex expects major growth opportunities in the international markets and its go-to-market strategy is delivered through local presence with a key account approach. The key focus is to improve the distribution of Orthex products in Europe, invest in strategic customers and new customer acquisition.”

Annual report 2025A · The company itself

Geography

“Orthex has more than 100 years of experience in household products, and it has customers in more than 40 countries. Orthex’s core geographic market is Europe.”

Annual report 2025A · The company itself

Geography

“We have deployed further local resources focusing on France and Germany, the stronger international commitment is intended to accelerate future growth in the area outside the Nordics. Invoiced sales outside the Nordic market accounted for 23.1% (22.9) of Orthex’s invoiced sales in 2025.”

Annual report 2025A · The company itself

E-commerce

Technology

DriverPositive impact: strengthens

“The company takes advantage of the e-commerce growth opportunities by strengthening relationships with e-commerce companies and working closely with retailers executing a multi-channel strategy.”

Annual report 2025A · The company itself

Market

“Orthex’s seeks to be the preferred value-creating partner to its customers who are mainly large retail chains and e-commerce platforms.”

Annual report 2025A · The company itself

Retail

End markets

Market

“Orthex main consumer brands are SmartStore™ in storage products, GastroMax™ in kitchenware and Orthex™ in home and garden products. In addition, Orthex sells kitchenware under the Kökskungen™ brand.”

Annual report 2025A · The company itself

Market

“Orthex’s seeks to be the preferred value-creating partner to its customers who are mainly large retail chains and e-commerce platforms.”

Annual report 2025A · The company itself

Chains in: Consumer spending strengthens

M&A and consolidation

Macro

StrategyPositive impact: strengthens

“Orthex anticipates that acquisitions could be an important opportunity to reach the company’s strategic objectives.”

Annual report 2025A · The company itself

Packaging

Raw materials and inputs

Market

“Sales by product category Storage is our biggest product category both in the Nordics and in the Rest of Europe. Compared to the previous year, the Storage category declined slightly with full-year invoiced sales amounting to 61.9 million euros (63.6).”

Annual report 2025A · The company itself

Chains out: this weakens Beer and beverages

Consumer spending

Macro

DriverNegative impact: weakens

“Invoiced sales in the Kitchen category declined by 8.2% and amounted to 17.7 million euros (19.3).”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“The business climate in 2025 was characterized by careful consumer behaviour and customer uncertainty. Although inflation pressures slowed down, and interest rates stabilized during the year, demand did not recover remarkably.”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“Global economic uncertainties and geopolitical tensions continue to influence consumer confidence, purchasing power, and purchasing behaviour, which may consequently affect Orthex’s business performance.”

Annual report 2025A · The company itself

DriverNegative impact: weakens

“The sales decline is particularly attributed to careful consumer behaviour. In addition, especially at the start of the year, the company had to limit shipments to some customers facing financial challenges.”

Annual report 2025A · The company itself

Chains in: Inflation weakens
Chains out: this strengthens Retail, strengthens Hospitality and leisure, strengthens Premium consumers, strengthens Grocery retail and private label

Interest rates

Macro

DriverNegative impact: weakens

“The business climate in 2025 was characterized by careful consumer behaviour and customer uncertainty. Although inflation pressures slowed down, and interest rates stabilized during the year, demand did not recover remarkably.”

Annual report 2025A · The company itself

Chains in: Public debt and fiscal policy strengthens, Inflation strengthens
Chains out: this weakens Construction, weakens Real estate, weakens Wind power, weakens Housing market, weakens Office and commercial property, weakens Residential rental, weakens Residential construction

Packaging regulation and deposit schemes

Regulation

DriverNegative impact: weakens

“Regulatory developments, including the EU Packaging and Packaging Waste Regulation (PPWR) and the Single-Use Plastics Directive (SUPD), are accelerating the transition toward circular materials and design-for-recycling standards. These changes create both compliance requirements and opportunities for differentiation.”

Annual report 2025A · The company itself

Urbanisation

Geography

DriverPositive impact: strengthens

“Orthex sees that continued consumer focus on decluttering and space optimization (smaller apartments, hybrid work) supports growth in modular storage systems, stackable sorting solutions and food containers.”

Annual report 2025A · The company itself

DriverPositive impact: strengthens

“The European household goods market remains resilient, supported by long-term trends in home organisation, sustainability, and e-commerce adoption. Demand for durable storage solutions and kitchenware continues to grow steadily, driven by urbanisation and lifestyle changes.”

Annual report 2025A · The company itself

ESG and sustainability reporting

Regulation

DriverPositive impact: strengthens

“Steered by regulatory changes, retailers and consumers increasingly favour products with verified sustainability credentials, reinforcing the strategic importance of durability and recycled and bio-based materials.”

Annual report 2025A · The company itself

Geopolitical uncertainty

Macro

DriverNegative impact: weakens

“Global economic uncertainties and geopolitical tensions continue to influence consumer confidence, purchasing power, and purchasing behaviour, which may consequently affect Orthex’s business performance.”

Annual report 2025A · The company itself

Chains out: this strengthens Defence budgets, strengthens Energy security, strengthens Tariffs and trade policy, weakens Global trade volumes, strengthens Sea freight and freight rates, weakens Reconstruction of Ukraine

Hybrid work and office use

Macro

DriverPositive impact: strengthens

“Orthex sees that continued consumer focus on decluttering and space optimization (smaller apartments, hybrid work) supports growth in modular storage systems, stackable sorting solutions and food containers.”

Annual report 2025A · The company itself

Chains out: this weakens Office and commercial property

Plastics and polymers

Raw materials and inputs

InputNegative impact: weakens

“Steady, and towards the second half of the year declining raw material prices further improved the results.”

Annual report 2025A · The company itself

Chains in: Oil strengthens

Nordics

Geography

Geography

“In 2025, invoiced sales in the Nordics decreased by 3.1% to 68.9 million euros (71.1). Especially in some Nordic markets consumer demand was sluggish throughout the year whereas a few markets showed signs of recovery in the second half of the year.”

Annual report 2025A · The company itself

Sea freight and freight rates

Raw materials and inputs

DriverNegative impact: weakens

“The kitchen utensils market is even more fragmented and more exposed to international competition due to lower shipping costs. Competitors include Keter, Sistema, Nordiska Plast, Mepal, and Joseph Joseph.”

Annual report 2025A · The company itself

Chains in: Geopolitical uncertainty strengthens

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
-2.8 %
EBITDA
reported by the company
N/A
Net debt
debt incl. leasing minus cash
0.01 bn EUR
Diluted EPS
per share
0.38 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.