ELEAVNasdaq HelsinkiSpecialty Industrial MachineryIFRS · EUR

Elecster Oyj

Elecster Oyj is a Finnish company specializing in the design, manufacturing, and marketing of UHT milk processing and aseptic packaging lines. The company is headquartered in Akaa, Finland, and operates internationally with a significant presence in Europe, Asia, and Africa. Elecster is known for its innovative packaging solutions, including environmentally sustainable milk pouches made from renewable resources. The company is listed on the Nasdaq Helsinki stock exchange and focuses on providing comprehensive solutions for the dairy industry.

Revenue32.7m EUR
−3.6 %y/y
Operating profit (EBIT)1.0m EUR
−38.0 %y/y
EBIT margin3.0%
−1.7 ppy/y
Net income258m EUR
+99,900.0 %y/y
Free cash flow2.2m EUR
+169.7 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

01020304050m EUR2021: 33 m EUR2021: EBIT 0.25 m EUR20212022: 43 m EUR2022: EBIT 3.1 m EUR20222023: 34 m EUR2023: EBIT 2.0 m EUR20232024: 34 m EUR2024: EBIT 1.6 m EUR20242025: 33 m EUR2025: EBIT 0.98 m EUR2025TTM 2026: 32 m EURTTM 2026: EBIT 0.57 m EURTTM320.57
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
UHT Milk Processing Lines40 %

Includes equipment for ultra-high temperature milk processing.

Aseptic Packaging Lines30 %

Comprises systems for aseptic packaging of dairy products.

Packaging Materials20 %

Offers packaging materials, including renewable resource-based pouches.

Dairy Machinery10 %

Provides machinery and equipment for dairy processing.

Customers

Elecster serves a diverse range of customers primarily in the dairy industry, including large-scale dairy producers and processors. These customers rely on Elecster's advanced UHT processing and aseptic packaging solutions to ensure product safety and extend shelf life. The company's focus on sustainable packaging materials attracts environmentally conscious businesses. Elecster's technical support and maintenance services are crucial for customers seeking reliable and efficient operations.

Dairy Producers

Purchase UHT processing and aseptic packaging lines for product safety and shelf life extension.

Sustainable Packaging Seekers

Choose renewable resource-based packaging materials to reduce environmental impact.

International Dairy Companies

Require advanced dairy machinery for global market expansion.

Strategy

Elecster's strategic priorities include expanding its market share in the global dairy industry by enhancing its product offerings and focusing on sustainable packaging solutions. The company is committed to innovation, particularly in developing renewable resource-based packaging materials to meet environmental standards. Elecster also aims to strengthen its operational efficiency and customer service to maintain competitive advantage. The company is exploring growth opportunities in emerging markets to diversify its revenue streams.

Sustainable Packaging InnovationMedium term

To meet environmental standards and attract eco-conscious customers.

Market ExpansionLong term

To diversify revenue streams and reduce dependency on specific regions.

Geography

Elecster operates globally with a strong presence in Europe, Asia, and Africa. The company's headquarters are located in Akaa, Finland, with manufacturing facilities in Finland and operations in countries like Kenya, China, and Russia. This geographic diversity allows Elecster to cater to a broad customer base and mitigate regional market risks. The company's international sales account for over 90% of its revenue, highlighting its global reach and influence in the dairy industry.

Risks

Elecster faces several business and financial risks, including currency fluctuations due to its international operations in non-euro countries like China, Kenya, and Russia. The company is also exposed to geopolitical risks that could impact its supply chain and market access. Additionally, the competitive nature of the dairy processing equipment industry poses a risk to market share. Elecster's focus on sustainable packaging materials requires continuous innovation and adaptation to regulatory changes, which could affect profitability.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Geopolitical Risks1Currency Fluctuations2
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Geopolitical RisksImpact: CriticalLikelihood: High

    Tensions in key regions could disrupt supply chains and market access.

  2. Currency FluctuationsImpact: HighLikelihood: Medium

    International operations in non-euro countries expose Elecster to exchange rate risks.

Accounting

Judgemental items
Revenue Recognition Timing

IFRS 15 requires revenue to be recognized when control transfers, affecting revenue variability.

Impact: high

Currency Risk Management

International operations expose Elecster to exchange rate fluctuations, impacting financial results.

Impact: high

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026