Viva Goods and 2 Other Promising Asian Penny Stocks to Consider

Viva Goods and two other promising Asian penny stocks are identified as Food Moments and Lever Style. These companies balance potential growth with financial stability, with Viva Goods generating revenue from its Sports Experience and Multi-Brand Apparel and Footwear segments. Lever Style has a strong financial health rating and a market cap of HK$908.57M.

Title: Lassila & Tikanoja plc: Half-Year Financial Report 2025

Lassila & Tikanoja plc, a leading provider of circular economy and facility services, has released its half-year financial report for the period 1 January to 30 June 2025. The report highlights stable performance in the circular economy business and improved profitability in the facility services businesses.

Financial Performance

- Net Sales: Net sales for the first half of 2025 totalled EUR 371.8 million, representing a year-on-year decrease of 3.2%. The organic decrease in net sales was 3.5%.
- Operating Profit: Operating profit for the first half of 2025 was EUR 16.7 million, representing a 4.5% margin of net sales. This is an improvement compared to the same period last year, where operating profit was EUR 9.3 million with a margin of 2.4%.
- Adjusted Operating Profit: Adjusted operating profit for the first half of 2025 was EUR 17.6 million, representing a 4.7% margin of net sales. This is an increase compared to the same period last year, where adjusted operating profit was EUR 12.7 million with a margin of 3.3%.

Key Highlights

- Circular Economy Business: The pallet repair and recycling business grew following the acquisition of Stena Recycling’s pallet business as of 2 June 2025. Despite a slight decline in adjusted operating profit, the relative profitability remained stable.
- Facility Services Businesses: Profitability improved in both Finland and Sweden. In Facility Services Finland, net sales declined during the first half of the year due to a mild winter and the planned optimisation of the customer portfolio. In Facility Services Sweden, operating loss decreased as expected.
- Demerger Plan: The Board of Directors of Lassila & Tikanoja plc approved a demerger plan to separate the circular economy business operations into a new publicly listed company. This move is expected to increase shareholder value by enabling both businesses to pursue their own strategies and growth opportunities more effectively.

Outlook

The company expects net sales in 2025 to remain at the same level as in the previous year, with adjusted operating profit estimated to be at the same level or better compared to the previous year.

Financial Summary

- Net Sales: EUR 371.8 million (384.2 million, -3.2% decrease)
- Adjusted Operating Profit: EUR 17.6 million (12.7 million, 38.5% increase)
- Operating Profit: EUR 16.7 million (9.3 million, 79.7% increase)
- Adjusted EBITDA: EUR 45.4 million (26.8 million, 65.7% increase)

Conclusion

Lassila & Tikanoja plc's half-year financial report demonstrates stable performance in the circular economy business and improved profitability in the facility services businesses. The company's strategic initiatives, including the acquisition of Stena Recycling’s pallet business and the planned demerger, position it for continued growth and enhanced shareholder value.

References

[1] https://www.globenewswire.com/news-release/2025/08/07/3128871/0/en/Lassila-Tikanoja-plc-Half-Year-Financial-Report-1-January-30-June-2025.html