Lassila & Tikanoja reported a 5.9% increase in net sales to EUR 211.1 million for the first half of 2026, while adjusted EBITA fell 36.8% to EUR 10.1 million, weighed down by lower waste management volumes, higher fuel prices, and increased waste-to-energy gate fees. The company revised its full-year outlook on 14 July 2026, now expecting net sales of EUR 420–450 million and adjusted EBITA of EUR 33–38 million, down from a previous EBITA range of EUR 38–44 million. Second-quarter net sales rose 5.7% to EUR 116.2 million, with adjusted EBITA declining to EUR 9.8 million from EUR 13.3 million a year earlier. To counter the profit squeeze, Lassila & Tikanoja implemented price increases, launched an efficiency programme, and concluded change negotiations that will result in up to 20 terminations and temporary layoffs of up to 420 employees. The company also announced the acquisition of Kempeleen Siirtokuljetus Oy and its subsidiary, which had combined 2025 revenue of approximately EUR 14 million, to strengthen its waste management presence in North Ostrobothnia.
Acquired by Lassila & Tikanoja.
Adjusted EBITA fell 36.8% and full-year outlook was cut.
