Puuilo’s Q4 result was record high, the guidance was strong as expected and shareholders were rewarded with an additional dividend.

Revenue growth was driven by new stores, while like-for-like sales growth remained around zero. The EBITA that exceeded the guidance was, in turn, boosted by a record-high relative gross margin and good cost control.

Based on preliminary figures, the company's Q4 profitability was at an excellent level. However, with the release of preliminary figures, the informative value of the Q4 report will be limited to the 2025 guidance, dividend and possible market commentary.