Endomines Finland Oyj (PAMPALO) Earnings Call Transcripts

Endomines Finland Oyj's Latest Earnings Call - March 27, 2026

In the first quarter of fiscal year 2026, Endomines Finland Oyj reported a significant increase in production and revenue, driven by a strong gold market and operational improvements. The company expects production growth of 10% to 20% year-over-year, with a revenue increase of over 3x since 2022. Management raised guidance for 2026, anticipating better performance due to higher gold prices, currently at EUR 4,500 per ounce, and a solid operational foundation following the acquisition of its underground subcontractor.

Reported metrics

Guidance from management

Management raised guidance for 2026, expecting production growth of 10% to 20% and a continued strong performance driven by higher gold prices and operational improvements.

What management said

Okay. Thank you, Kari, Jani and Ilkka for the presentation. And please don't go away, Jani. We have a question-and-answer session right now. Please come to the stage Illla and Kari as well. I think we have about 15 minutes for the questions. Let's start with the questions in the audience here, and then we move on to the online questions.

I can answer. But I think like Ilkka mentioned that when we took over the business of the mining subcontractor, there were some extraordinary costs related to the takeover -- it was -- as mentioned, it was -- we had challenges during the Q4 to get it done, and there were some extraordinary costs However, in the long term, we see that, that's the way to have a more efficient production and lower the cost level. Curren...

What analysts pressed on

Analysts expressed concerns regarding the potential impact of geopolitical tensions on operations and the feasibility of maintaining the ambitious timeline for the Southern Gold Line project. Questions were raised about the adequacy of the feasibility studies and the management's ability to finance the project without external partners.

Main topics on the call

• Production Growth Guidance — Endomines projects production growth of 10% to 20% for 2026, with a target of 18,000 to 20,000 ounces from the Pampalo mine. CEO Kari Vyhtinen stated, "We expect '26 to be significantly better" than previous years, highl...
• Acquisition of Underground Subcontractor — The acquisition of its underground subcontractor is expected to enhance operational control and efficiency. Management emphasized that this move aligns with their vision for growth, stating, "Now it's in our control".
• Sustainability and Regenerative Mining — Endomines introduced the 'Alive Mine' concept, focusing on sustainability and regenerative practices. Chief Sustainability Officer Hanne Makela noted, "Sustainability is an integral part of our strategy, guiding both our...
• Exploration and Resource Growth — The company plans to increase exploration drilling to 50,000 meters in 2026, aiming to grow gold resources to 1.5-2 million ounces by 2030. Management highlighted that successful exploration efforts have led to a 21% inc...

Read the full Endomines Finland Oyj transcript (March 27, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 8 Endomines Finland Oyj earnings call transcripts on record, spanning February 13, 2025 to August 13, 2026. Based on this history, Endomines Finland Oyj reports quarterly. The most recent call on file is dated August 13, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PAMPALO

Exchange

HLSE

Country

FI

Sector

Materials

Industry

Metals and Mining

Calls on record

8

First call

February 13, 2025

Most recent

August 13, 2026

Reporting cadence

quarterly