Lassila & Tikanoja Oyj
Lassila & Tikanoja is a Finnish company specializing in environmental management and property maintenance services. It operates primarily in Finland and Sweden, focusing on circular economy and property services. The company is involved in municipal contracts and provides long-term service agreements, project business, and equipment sales. Lassila & Tikanoja is also engaged in digital solutions to enhance service efficiency and sustainability.
Fiscal year 2025 · change from previous year
Development 2021–2025
Business
Share of revenueIncludes waste management and recycling services.
Covers maintenance and cleaning services for properties.
Involves project-based service delivery.
Sales and rentals of equipment and materials.
Customers
Lassila & Tikanoja serves a diverse range of customers, primarily municipalities and commercial property owners in Finland and Sweden. The company is a significant player in municipal contracts, participating in competitive bidding processes. Customers seek Lassila & Tikanoja's services for their expertise in sustainable waste management and property maintenance. The company also targets businesses looking for digital solutions to improve operational efficiency and sustainability.
Procure waste management and recycling services through competitive bidding.
Require maintenance and cleaning services for their properties.
Seek digital solutions for operational efficiency and sustainability.
Strategy
Lassila & Tikanoja focuses on enhancing operational efficiency and sustainability through a strategic improvement program. The company aims to achieve significant cost savings and improve profitability by 2026. It is investing in digital solutions to streamline operations and enhance service delivery. The company is also committed to reducing its carbon footprint and improving customer satisfaction through innovative service offerings.
To achieve cost savings and improve profitability.
To streamline operations and enhance service delivery.
To reduce carbon footprint and enhance brand reputation.
Geography
Lassila & Tikanoja operates mainly in Finland and Sweden, with its headquarters located in Finland. The company has a strong presence in the Nordic region, where it participates in municipal contracts and serves commercial clients. Its operations are influenced by regional economic conditions and regulatory changes, particularly in waste management. The geopolitical situation, including tensions in Russia and trade policies in the US, can indirectly affect its business environment.
Risks
Lassila & Tikanoja faces several risks, including environmental liabilities and the impact of regulatory changes in waste management. The company's reliance on digital solutions exposes it to cybersecurity threats and system disruptions. Geopolitical tensions and economic uncertainties in key markets like Finland and Sweden can affect demand for its services. Additionally, challenges in recruiting skilled personnel may impact service quality and operational efficiency.
- Environmental LiabilitiesImpact: HighLikelihood: Medium
Potential costs and reputational damage from environmental incidents.
- Cybersecurity ThreatsImpact: HighLikelihood: Medium
Reliance on digital solutions increases exposure to cyber risks.
- Regulatory ChangesImpact: MediumLikelihood: High
Changes in waste management regulations can impact contracts.
- Economic UncertaintyImpact: MediumLikelihood: Medium
Economic conditions in Finland and Sweden affect service demand.
Accounting
Judgemental itemsTiming and method of recognizing revenue from service contracts.
Impact: Significant on reported revenue
Estimates for potential liabilities from environmental risks.
Impact: Affects balance sheet and provisions
Exchange rate changes impact financial statements.
Impact: Notable on reported earnings
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Last updated: 24/09/2026