Slides
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Business Review Q1/2025
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2 Agenda 1) Agenda 2) Introduction to the review 3) Key figures 4) Key points and market 5) Direction and outlook Welcome! Timo Lappi, Interim CEO
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Net sales decreased and profit weakened Difficult start to the year A new direction 23.4.20253 Introduction to the review
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(comparison period in brackets)4 Net sales 6.5 M€ (12.6), change – 8.7% Adjusted EBITDA 0.4 M€ (0.7)* Adjusted EBITDA-% 6.7% (9.9)* Adjusted EBIT 0.2 M€ (0.5)* Adjusted EBIT-% 3.4% (7.1)* Personnel (avg. FTE) 153 (176), change – 13.3% *) Adjusted comparable figures Q1 2025
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• Finland –13.4% • Sweden +3.4% • Baltics +5.6% • Uncertainty – the threat of trade war • Increase in regulation • Increased need for advice • Turnaround in Sweden • Finnish change negotiations • Signs of recovery in business Fondia and market Q1 2025 3 Market 2 Fondia 1 Growth challenges 5
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6 Fondia’s direction CEO search and strategy work progressing Customers and employees first
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Fondia will focus on improving profitability. The market situation remains uncertain, and this will have a weakening impact on the ability to assess the demand for legal services and the factors affecting it. 7
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