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Nurminen Logistics

0.94 EUR

-0.11 %

4,206 following

NLG1V

NASDAQ Helsinki

Transport & Logistics

Industrials

-0.11 %
+0.11 %
-9.22 %
-12.62 %
-10.53 %
-0.74 %
+35.51 %
+119.48 %
-8.86 %

Nurminen Logistics is an industrial group that offers transport and logistics services. The company's services include freight forwarding and freight handling services via rail transport, where the largest market is found in the Nordic and Baltic markets. In addition, customized services for various projects are offered, as well as access to terminal services. The company was founded in 1886 and has its headquarters in Helsinki.

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Market cap
75.45M EUR
Turnover
85.54K EUR
P/E (adj.) (25e)
10.93
EV/EBIT (adj.) (25e)
6.86
P/B (25e)
2.25
EV/S (25e)
1.14
Dividend yield-% (25e)
4.28 %
Coverage
Recommendation
Accumulate
Target price
1.10 EUR
Updated
2025-10-24
Disclaimer
Aapeli Pursimo
Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 2025-10-24

Latest extensive report

Released: 2025-06-19

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
26/2
2026

Annual report '25

23/4
2026

Interim report Q1'26

28/4
2026

General meeting '26

Risk
Business risk
Valuation risk
Low
High
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Nurminen Logistics Q2'25: Valuation still moderate
Research by
Aapeli Pursimo

Nurminen Logistics Q2'25: Valuation still moderate

The Q2 result fell short of our expectations, reflecting the development of the Baltic operations. However, the development of the Railway business met our expectations well, even though the quarter's progress was hampered by maintenance shutdowns at North Rail's customers' factories.

Nurminen Logistics
Nurminen Logistics Q2'25-förhandskommentar: Förväntningar om kraftig tillväxt drivet av företagsförvärv
Analyst Comment by
Aapeli Pursimo

Nurminen Logistics Q2'25-förhandskommentar: Förväntningar om kraftig tillväxt drivet av företagsförvärv

Nurminen Logistics publicerar sin Q2-rapport torsdagen den 31 juli cirka klockan 9.00. Vi förväntar oss att bolagets omsättning har ökat markant från jämförelseperioden, drivet av icke-organisk tillväxt. Vi estimerar att omsättningstillväxten även har bidragit till tillväxten i det operationella resultatet. Vidare är vi intresserade av kommentarer om marknadslägets utveckling.

Nurminen Logistics
Forum discussions
A little roughness is part of Nurminen’s ride, and it doesn’t bother me that this one-off item was completely forgotten in the Q3’24 review. Q3’25: Q3’24: But there’s an explanation for everything, which is good. Red flags (i.e., warning, not revolution) appear in situations where...
10/23/2025, 7:14 AM
by Verneri Pulkkinen
18
A very good pace in the number of trains was maintained in November. 17 trains, which is 24.6% more trains than in November a year ago. October was the company’s record in the number of trains.
12/1/2025, 1:49 PM
by Iikka Numminen
14
October was a record month for North Rail in terms of train numbers, at least according to my own calculations. In addition, a couple of days ago, an exceptional train ran from Kotka to Hamina, which had not run before. I did not add that particular train to this table. As a third...
11/1/2025, 5:11 PM
by Iikka Numminen
13
Here’s the interim report. Interesting comments from Baltia regarding Kazakhstan’s metals, which can be tracked going forward. The decrease in market volumes was influenced by temporary export restrictions on certain metals transported from Kazakhstan, as well as uncertainty caused...
10/23/2025, 6:16 AM
by Iikka Numminen
12
Here’s the CEO’s interview based on Q3: Inderes Nurminen Logistics Q3'25: Ohjeistusta laskettiin - Inderes Aika: 27.10.2025 klo 12.50 Nurminen Logistics antoi negatiivisen tulosvaroituksen Baltian liiketoiminnoista johtuvan volyymivaihtelun vuoksi. Tulosvaroituksesta huolimatta tulos...
10/27/2025, 10:51 AM
by Iikka Numminen
8
If you remove the Q3/24 one-off item and compare it to that. In my opinion, the company is still in good shape. Or maybe I’m too fond of railways, and I can’t see the forest for the trees.
10/23/2025, 6:55 AM
by Haapismake
8
Here is Nurminen’s CFO’s overview of the company at the Investor 2025 event. Inderes Nurminen Logistics sijoituskohteena | Sijoittaja 2025 - Inderes Aika: 28.11.2025 klo 14.30 Nurminen Logisticsin talousjohtaja Niklas Nordström avaa yhtiön liiketoimintaa Sijoittaja 2025 -tapahtumassa...
11/28/2025, 12:32 PM
by Iikka Numminen
6
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