Helsinki's Top Profit Growers
Profit growth is what makes an investor's eyes light up. Let's take a look at the Helsinki-listed companies that posted the most powerful jump in operating profit in the third quarter of 2025. Although the economic environment is challenging, these four companies found ways to improve their results manifold—be it through successful pricing, cost savings, or sales success in foreign markets.
Fiskars made a true phoenix-like rise in the third quarter, growing its operating profit by an incredible 2500% year-over-year. While a year ago they were essentially at break-even, they now earned a profit of €12.5 million. This is a sign that the company's financial health has taken a sharp turn for the better and revenue is back on a growth trend.
The success isn't magic, but rather a strong recovery in the Vita segment (home and lifestyle products). This shows that consumers have started spending again, but investors should remain cautious—a November profit warning suggests that inventory reduction could still have a short-term impact on fourth-quarter results.
The tire manufacturer's operating profit saw an impressive acceleration, growing by over 430% year-over-year. The company managed to earn €17.7 million more than in the same period last year, a clear sign of stabilization in production and sales after a difficult period. This marks the third consecutive quarter of improving profitability.
The engine for growth was bold pricing and a focus on more expensive passenger car tires. This strategy worked perfectly, despite the additional costs associated with launching the new factory in Romania. For investors, this signals that the company has pricing power and can protect its margins even in an environment of rising costs.
Neste is in an interesting position: although its revenue fell by nearly 20%, the company managed to triple its operating profit (+300%). This is a classic example of how lower turnover doesn't always mean lower profit if a company can operate more efficiently.
The secret here lies in raw material prices. The drop in material costs outpaced the decline in revenue, which dramatically improved profit margins. However, it's worth monitoring whether this 'profiting from lower costs' is sustainable in the long run if demand for oil products were to decrease further.
Kempower, a manufacturer of electric vehicle chargers, managed to more than double its operating profit (+101%). Even more significant is the nearly 41% growth in revenue, which confirms that demand for its products remains very high and the company is growing faster than the market.
Growth is driven by strong expansion in Europe and North America. Although costs also grew rapidly, the increase in sales volume compensated for it. This is a typical growth company story: investing now to capture market share and secure a position in the future of energy, even if the absolute profit figure is still small.
Conclusion
In conclusion, these results show that the sources of growth are very diverse, ranging from raw material prices to conquering new markets. It is worth noting, however, that Sampo and Stora Enso were excluded from this list, as their large profit figures were mainly due to one-off asset sales rather than the strength of their core business. A savvy investor always looks behind the numbers to understand whether growth is sustainable or just a flash in the pan.
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