SOLWERSNasdaq HelsinkiEngineering & ConstructionIFRS · EUR

Solwers Oyj

Solwers is a growth-oriented conglomerate of expert companies that serves as a platform for its subsidiaries, challenging traditional practices in the built environment consultancy sector. With 27 operational companies, Solwers offers a wide range of design and project management services, employing approximately 700 specialists in Finland and Sweden. The company focuses on infrastructure projects, energy efficiency, and educational facilities, leveraging its expertise to drive innovation and efficiency in the construction and design industries.

Revenue80.6m EUR
+2.9 %y/y
Operating profit (EBIT)0.7m EUR
−74.9 %y/y
EBIT margin0.9%
−2.6 ppy/y
Net income-0.9m EUR
−301.3 %y/y

Fiscal year 2025 · change from previous year

Development 2024–2025

020406080100m EUR2024: 78 m EUR2024: EBIT 2.7 m EUR20242025: 81 m EUR2025: EBIT 0.69 m EUR2025810.69
RevenueOperating profit (EBIT)

Business

Share of revenue
Infrastructure Design30 %

Includes road and bridge planning and management

Energy Efficiency Projects20 %

Focuses on reducing energy consumption in buildings

Educational Facilities15 %

Design and planning of schools and multi-purpose buildings

Industrial Design15 %

Specialized design services for industrial applications

Project Management10 %

Comprehensive project oversight and execution services

Consultancy Services10 %

Advisory services for the built environment sector

Customers

Solwers primarily serves public sector clients, including municipalities and government agencies, who require comprehensive infrastructure and educational facility planning. The company also caters to private sector clients in the industrial and energy sectors, providing specialized design and consultancy services. Solwers' clients value its expertise in managing complex projects and its ability to deliver innovative and efficient solutions. The company's focus on energy efficiency and sustainable design attracts environmentally conscious clients looking to reduce their carbon footprint.

Public Sector

Infrastructure and educational facility projects

Industrial Sector

Specialized design services

Energy Sector

Energy efficiency and sustainability projects

Strategy

Solwers aims to grow through strategic acquisitions in at least three countries and organic growth where feasible. The company focuses on improving profitability and reducing costs through operational efficiencies. Solwers is committed to expanding its service offerings in infrastructure and energy efficiency projects, aligning with market trends and client needs. The company also seeks to enhance its competitive position by fostering innovation and challenging traditional industry practices.

Acquisitions in new marketsMedium term

To expand geographic reach and service offerings

Operational efficiencyShort term

To improve profitability and reduce costs

Service expansionLong term

To meet growing demand for infrastructure and energy projects

Geography

Solwers operates primarily in Finland and Sweden, with a strong presence in both countries through its 27 subsidiaries. The company benefits from the growing demand for infrastructure and energy efficiency projects in these regions. Solwers' geographic focus allows it to leverage local expertise and maintain close relationships with clients. The company's operations are strategically located to capitalize on the economic recovery and increased investment in the Nordic region.

Risks

Solwers faces risks related to market uncertainty and dependency on investment cycles, which can impact project demand. The company is also exposed to competitive pressures in the consultancy sector, requiring continuous innovation to maintain its market position. Economic fluctuations in the Nordic region could affect project funding and client budgets. Additionally, operational risks include managing a diverse portfolio of subsidiaries and ensuring consistent quality across services.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Market dependency on investment cycles1Economic fluctuations2Competitive pressures3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Market dependency on investment cyclesImpact: HighLikelihood: High

    Projects rely on client investment decisions

  2. Economic fluctuationsImpact: MediumLikelihood: High

    Affects project funding and client budgets

  3. Competitive pressuresImpact: MediumLikelihood: Medium

    Need for continuous innovation to stay competitive

Accounting

Judgemental items
Revenue recognition timing

Impacts reported revenue for long-term projects

Goodwill impairment

Critical due to acquisition strategy

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026