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Nurminen Logistics Oyj

Earnings Release Oct 20, 2025

3328_rns_2025-10-20_f162ad70-b124-4cff-8df8-5c847442f8f9.html

Earnings Release

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Inside information, profit warning: Nurminen Logistics Oyj lowers its financial guidance for 2025

Inside information, profit warning: Nurminen Logistics Oyj lowers its financial guidance for 2025

Nurminen Logistics Plc                    Stock Exchange Release        October
20, 2025, at 4.35 p.m.

Nurminen Logistics Oyj lowers its profit guidance for 2025.

In the 2024 Financial Statements Release published on 27 February 2025, the
company estimated that both the net sales (EUR 104.8 million) and the comparable
operating profit (EUR 19.1 million) will grow year-on-year.

According to the updated guidance, the company estimates, that the net sales
will grow, but the comparable operating profit will be slightly behind or on
last year's level.

The guidance adjustment is based on an assessment of weaker-than-expected
development in the volume of the Baltic operations, and we estimate that the
share of the Baltic operations in the Group's revenue will decrease to 25% from
45% last year.

In addition, continued railway network improvement investments in Central Europe
have hindered railway transport efficiency more than anticipated due to longer
transport times, which has also had a negative impact on the development of the
Swedish business area.

The company has continued its development investments in its operations,
implemented cost savings of more than one million euros for 2026, and the
improvement of Europe's railway infrastructure in the coming years will bring
efficiency and competitive advantages to the company.

The company will publish its January-September 2025 Business Review on Thursday,
23 October 2025.

Nurminen Logistics Plc

For more information, please contact Olli Pohjanvirta, President and CEO, tel.
+358 40 900 6977, [email protected]

DISTRIBUTION
Nasdaq Helsinki
Major media
nurminenlogistics.com (http://www.nurminenlogistics.com/)

Nurminen Logistics is a Finnish listed company established in 1886. The company
offers high-quality rail transport, terminal, and multimodal solutions between
Asia and Europe and in the Nordic and Baltic countries.

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