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Tulikivi

0.49 EUR-0.20 %10.11. klo 18.29
4,233 following

TULAV

NASDAQ Helsinki

Home Products

Consumer Goods & Services

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-0.20 %
-4.12 %
-6.68 %
-18.50 %
-0.81 %
+7.47 %
+15.19 %
-4.86 %
+21.14 %

Tulikivi is a manufacturer of wood-burning stoves. The product range is wide and includes stoves made of soapstone. In addition to the main business, the company also offers sauna heaters adapted for both electric and wood-fired saunas, as well as interior stones for kitchens, bathrooms and saunas. The largest operations are in the Nordic region, where the products are sold through external retailers. The head office is located in Juuka.

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Market cap
29.28M EUR
Turnover
1.56K EUR
P/E (adj.) (26e)
EV/EBIT (adj.) (26e)
P/B (26e)
EV/S (26e)
Dividend yield-% (26e)
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Sell
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Updated
09.11.2026
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Revenue and EBIT-%
EPS and dividend
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Forum discussions
And there comes a profit warning from Tulikivi: TULIKIVI CORPORATION INSIDE INFORMATION OCTOBER 28, 2026, AT 10:30 PM Tulikivi lowers and specifies its guidance for 2026: Net sales are estimated to be EUR 26.5–28.5 million and comparable operating profit is estimated to be EUR -1...
10/28/2026, 9:44 PM
by Sijoittaja-alokas
7
One negative thing and many positive things in the report: Negative things: Weak sales of fireplaces, which has a direct impact on the top line and inevitably on the bottom line. Positive things: The company is clearly able to adjust costs to changes in demand. The sauna business...
11/7/2026, 2:34 PM
by Jopinaattori
6
Tulikivi Beats Earnings Forecast In the sauna business, we productized and tested a new electric sauna heater collection for the US market. The Kaarna, Pyry, and Usva electric heaters and the WiFi control system were tested in accordance with the UL 60335-2-53:2025 heater safety ...
11/6/2026, 10:00 PM
by iemeli
3
Here is the news from Nordic Talc Oy’s website. The only additional news compared to before is the statement in the release: “The competitiveness of the project is also supported by the low volume of waste rock excavation in the mining plan, which is significantly smaller than that...
yesterday
by Jopinaattori
2
Here is a company report on Tulikivi from Thomas based on the Q3 results Tulikivi defended its Q3 profitability by adjusting its costs effectively, even though the demand recovery fell short of our expectations and revenue missed our forecast. We estimate that the lighter cost structure...
yesterday
by Sijoittaja-alokas
2
I’d be interested in knowing more about that container shipment of sauna heaters to the US! Is that merchandise already going to end customers, or to distributors/dealers… To my eye, those Kaarna, Pyry, and Usva models look really stylish and stand out from the competition.
11/7/2026, 9:17 AM
by PaulKo
2
Here are Thomas’s preview comments as Tulikivi reports its Q3 results on Friday We expect the company’s revenue and operating profit to have declined from the comparison period amid a weak demand environment. The company recently issued a profit warning, which indicates that the ...
11/4/2026, 5:58 AM
by Sijoittaja-alokas
2
Read more on our forum
Thomas Westerholm
Thomas Westerholm

Analyst

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Regulatory press release06.11.2026 klo 13.00

Tulikivi Corporation Interim Report 1–9/2026: Exports of sauna products to North America commenced

Tulikivi
Regulatory press release28.10.2026 klo 22.30

Tulikivi is lowering and specifying its guidance for 2026: Net sales are expected to be EUR 26.5 to 28.5 million and comparable operating profit is expected to be between EUR -1.0 million and EUR 0.0 million

Tulikivi
Press release20.10.2026 klo 09.00

Tulikivi’s new electric sauna heater collection meets U.S. ETL requirements

Tulikivi

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Regulatory press release14.09.2026 klo 17.00

Changes in the Committees of Tulikivi Corporation’s Board of Directors

Tulikivi
Regulatory press release31.08.2026 klo 17.00

Change in Tulikivi Corporation’s Board of Directors

Tulikivi
Regulatory press release14.08.2026 klo 13.00

Tulikivi Corporation Half Year Financial Report 1–6/2026: Strategic projects progressed despite uncertainty in the fireplace market

Tulikivi
Regulatory press release08.05.2026 klo 13.00

Tulikivi Corporation Interim Report 1-3/2026: Strategic projects making good progress and laying the foundations for future growth

Tulikivi
Regulatory press release22.04.2026 klo 17.00

RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF TULIKIVI CORPORATION

Tulikivi
Regulatory press release27.03.2026 klo 13.00

Tulikivi Corporation’s annual report for 2025 has been published

Tulikivi
Regulatory press release25.03.2026 klo 13.00

NOTICE TO THE ANNUAL GENERAL MEETING OF TULIKIVI CORPORATION 2026

Tulikivi
Regulatory press release06.03.2026 klo 13.00

Tulikivi Corporation Financial statements release 1–12/2025: Investments in strategic projects continued despite challenging market conditions.

Tulikivi
Regulatory press release23.02.2026 klo 22.30

Tulikivi lowers its earnings guidance for 2025: Net sales are estimated to be approximately EUR 29.5 million and the comparable operating profit is estimated to be around EUR -0.1 million.

Tulikivi
Regulatory press release27.11.2025 klo 13.00

Tulikivi Corporation financial reporting in 2026

Tulikivi
Regulatory press release07.11.2025 klo 13.00

Tulikivi Corporation Interim report 1–9/2025: Despite the challenging market, investments continued in strategic projects.

Tulikivi
Regulatory press release17.09.2025 klo 16.00

Tulikivi Corporation: Decision of the Board on capital repayment

Tulikivi
Regulatory press release17.09.2025 klo 16.00

Tulikivi is revising downward and focusing its guidance for 2025: Net sales are expected to be EUR 29 to 33 million and comparable operating profit is expected to be EUR 1 to 2 million

Tulikivi
Regulatory press release15.08.2025 klo 13.00

Tulikivi Corporation half year financial report 1–6/2025: Order intake continued to grow

Tulikivi
What to look for in a Consumer Goods Company? | Consumer Goods Night June 9, 202513:20
Video16.06.2025 klo 14.30

What to look for in a Consumer Goods Company? | Consumer Goods Night June 9, 2025

The operating environment has been challenging for Consumer Goods Companies.

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Regulatory press release16.06.2025 klo 09.30

Tulikivi Corporation - Managers' Transactions: Jaakko Aspara

Tulikivi
Regulatory press release23.05.2025 klo 18.00

Tulikivi Corporation - Managers' Transactions: Jaakko Aspara

Tulikivi