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Consti - Helsinki rail way station during renovation. Photo: Pasi Salminen.

Consti

Finland's largest renovation services company

Overview

Consti is one of the leading renovation and technical service companies in Finland. Consti has a comprehensive service offering covering technical building services, residential pipeline renovation, renovation contracting, building facade repair and maintenance, and other renovation and technical services for residential and non-residential properties. Consti was established in 2008 to meet the growing need for repair and construction work.
Consti should seek to maintain the achieved healthier levels of profitability and good cash converstion. The market development recently has been unfavourable, but Consti has been able to maintain growth and keep margins at fairly good levels. The backlog is still at healthy levels which supports further modest, positive near-term development. The long-term market outlook remains favourable due to among other things a large aging building stock, and the renovation market is expected to see steady low single-digit growth.

Financial overview

Company Facts

CEO Esa Korkeela
CFO Anders Löfman
Market cap (EURm) 81
Industry Construction & Engineering
Ticker CONSTI

Guidance

Consti estimates that its operating result for 2025 will be in the range of EUR 9–12 million.

Financial targets

Growth: Net sales growing faster than the market. Profitability: EBIT-margin exceeding 5 %. Cash flow: Cash conversion ratio exceeding 90 %. Capital Structure: Net debt to adjusted EBITDA ratio of less than 2.5x. Dividend:  At least 50 % of the company's annual net profit

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