Business
Rapala VMC Corporation's Financial Statement Release
RAPALA VMC CORPORATION, Financial Statement Release, March 11, 2026 at 3:00 p.m. EET Rapala VMC Corporation's Financial Statement Release 2025:Continuous improvements through successful new prodcucts & improved operations January-December (FY) in brief: Net sales were 227.5 MEUR, up 3% from previous year (220.9). With comparable exchange rates sales were 6 % higher than last year.Comparable operating profit* was 8.4 MEUR (6.2).The improved profitability was primarily driven by increased sales an
About this update from Rapala Vmc Oyj
RAPALA VMC CORPORATION, Financial Statement Release, March 11, 2026 at 3:00 p.m. EET Rapala VMC Corporation's Financial Statement Release 2025:Continuous improvements through successful new prodcucts & improved operations January-December (FY) in brief: July-December (H2) in brief: * Excluding mark-to-market valuations of operative currency derivatives and other items affecting comparability. Other items affecting comparability include material restructuring costs, impairments, gains and losses on business combinations and disposals, insurance compensations and other non-operational items. Rapala Group presents alternative performance measures to reflect the underlying business performance and to enhance comparability between financial periods. Alternative performance measures should not be considered in isolation as a substitute for measures of performance in accordance with IFRS. Definitions and reconciliation of key figures are presented in the financial section of the release. President and CEO Cyrille Viellard: “Rapala VMC confirms its long term trajectory and recovery path increasing comparable operating profit by 35% at 8.4 MEUR (6.2) and improving its financing conditions in the midst of highly disrupted international trade. A big thanks to all our global team members for their dedication and commitment that have led to improve our fundaments and embarked enthusiastically in our brand driven strategy for long term sustainable success. Cashflow from operations stands at 5.5 MEUR (23.4) impacted in the second half by inventory value increases from tariffs as well as seasonal overall larger working capital needs from stronger North American winter fishing. Cashflow remains number one priority. One time non cash reclassifications of translation adjustments following final liquidations of both Indonesian and Russian lure factories impact significantly 2025 operating profits increasing gap to 2024 which, on the other hand, benefited from one-off financial decision to sell and lease back Canadian warehouse facilities. Rapala VMC is today more focused, leaner and stronger.Rapala VMC strategy is built on long term brand building through ownership, innovation and excellence in marketing, best in class operations and customer service as well as solid supplier partnerships. Rapala VMC will continue to streamline its operations, reduce its ...