contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


lapwall-profitability-remains-strong-evli

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

LapWall operates in the building products industry with several factories. The company manufactures wooden wall and ceiling elements in factory conditions for construction companies. The product range includes several standard products that are delivered and installed by the customer. The company's market area is Finland. LapWall was founded in 2011 and its headquarters are located in Pyhäntä, Finland.

Thank you for the good questions. Tommi addressed these in the interview, but I will respond directly to a few points myself for further clarification. 1. New wall element product for hall construction We have already made the first sales and the first deliveries with the product, meaning it has successfully moved into the market and is no longer just a launch-phase opening. The key to the product is its physical size and concept, which allow for the efficient implementation of larger complexes than before. This practically opens up a new market for us in hall construction and significantly expands the scale of target projects. Demand has been very positive from the start, which confirms our view that the product meets a clear customer need. We expect the product’s significance to grow gradually during the year, especially towards the end of the year, as references increase and adoption expands. LapWall launches a new wall element solution for hall-like structures  2. Increase in NPS and customer feedback The rise in NPS to 62 is based on very concrete factors that are directly visible in daily operations:   Delivery reliability has improved   Quality is consistent and meets expectations   The price-quality ratio is perceived as competitive   Installation and site cooperation work smoothly   Communication is open and proactive   Customer feedback particularly emphasizes reliability, professionalism, and the functionality of the overall package. For us, this is not just a metric, but a direct indication that operational performance is at the right level. This is also evident in practice: as trust grows, the win rate improves, projects proceed more smoothly, and customer relationships deepen. The attached customer feedback and metrics illustrate this development well.  3. Ramp-up of the wall element line and component manufacturing We have progressed with the ramp-up systematically and in stages. The new assembly line has been in production test use with customer orders since week 6. The ramp-up was initially led by a 4-person team whose task was to ensure the line’s technical functionality, process flow, internal logistics, and the practical functionality of work instructions. Since week 17, the team has been strengthened with two additional people. Based on this work, we have made the decision that  → single-shift production will start as planned at the beginning of week 19. Regarding personnel:   No new recruitment has been needed   One shift is moving from the current wall element line to the new assembly line   The current line will continue with single-shift production for the time being   The skill level of the transferring personnel is high, and orientation for the new line is progressing as planned. The assembly line is divided into clear segments managed by designated team leaders—the same individuals who have been involved in the ramp-up from the beginning. This ensures continuity of expertise and a controlled startup. Crucially, we have had sufficient and correct resources to carry out the ramp-up at all times. The goal is not just a startup, but the controlled commissioning of the investment and raising production gradually to its full potential. The new production facility and assembly line have been built as a clear, phased entity where production progresses logically from component manufacturing to assembly and delivery:  The layout of Production Plant 3 illustrates the line structure and the phased production process. The structure enables a controlled ramp-up, smooth throughput, and gradual capacity increase without bottlenecks. Summary:  The ramp-up is not a single startup day, but a controlled process over several months that is progressing as planned and creates a strong foundation for controlled capacity growth and full utilization of the investment.  LapWall’s Board of Directors visiting the new production facility. The commissioning of the investment and the production ramp-up have been managed systematically in close cooperation with operational management and personnel.

Inderes              LapWall Q1'26: Näkyvyys tuloskasvuun parantui - Inderes    Q1'26:n ennusteemme lyötiin kaikilla riveillä, kun taas annettu ohjeistus oli odotuksiemme mukainen.                              LapWall’s Q1’26 report was better than our expectations, as all reporting lines exceeded our forecasts. The guidance provided by the company in connection with the report was in line with our expectations. In terms of cash flow impact, the forecast changes were slightly negative after we revised our cost structure forecasts. The better-than-expected quarter, and particularly the strong order backlog, bolster confidence in the realization of earnings growth over the coming years. Thus, we feel more confident in leaning on the medium-term earnings potential in our assessment. Reflecting this, we are raising our target price for LapWall to EUR 4.50 (prev. EUR 4.00) and upgrading our recommendation to Add (prev. Reduce). […] LapWall’s adjusted P/E ratios based on our 2026–2027 forecasts are 15.5x and 9.7x, and the corresponding EV/EBITA multiples are 13.2x and 8.2x. The multiples are elevated for the current financial year, but the earnings growth we forecast for the coming years will rapidly compress the multiples. A dividend yield of 4–7% for the coming years supports the total return expectation. The value of the DCF model, which relies on the realization of long-term potential, stands at EUR 4.5 per share. Due to the guidance being in line with expectations, the improved order backlog, and clearer drivers for earnings growth, the stock’s risk-reward ratio becomes attractive in our view at the current valuation.

OP made some adjustments to the guidance, but also notes that the progress of the new factory commissioning is more important than individual guidance. They are revising recommendations from €4.90 → €4.60 and BUY → ADD. They have lowered delivery volume forecasts and adjusted cost forecasts for this year. The 2026 EBIT forecast is down 28%. EV/EBITA 8x and PE 12x

Lapwall is really solid. The market conditions aren’t helping, and the new factory isn’t even operational yet, yet still, a good Q1 result and a strong forecast. When you add to this the potential for increased efficiency from the new factory and an eventually improving market cycle (on a 6-month to 2-year timeframe), the company’s outlook is excellent. Great job Jarmo & co!

@Tommi_Saarinen Questions for Pekkarinen for the afternoon interview:  In March, you announced a new prefabricated element product for hall construction. Have the first deals already been closed for this product, and what portion of the order backlog growth do you estimate will come from this new product during the remainder of the year? The NPS rose significantly to 62. What was the key feedback from customers that helped achieve this, and how is this reflected in the win rate for competitive tenders? The wall element line and the component manufacturing line are scheduled to transition to single-shift production at the start of week 19. What is your level of confidence in this schedule, and have the necessary new recruitments and training already been completed for this?

Ta-daaa!   LapWall’s profitability improved significantly, order book on the rise - Inderes

LapWall

LapWall's fourth quarter performance was solid, despite net sales falling 13% y/y. The combination of operating leverage and the company's fixed cost discipline continued to support the profitability...

LapWall's fourth quarter performance was solid, despite net sales falling 13% y/y. The combination of operating leverage and the company's fixed cost discipline continued to support the profitability. Dividend proposal beat our estimates at EUR 0.18 per share (Evli est. EUR 0.11 per share).