| Five years in figures, MEUR |
| |
2019 |
2018 |
2017*
|
2016 |
2015 |
| Net sales |
5 170 |
5 174 |
4 911 |
4 801 |
5 029 |
| of which outside Finland, % |
98.5 |
98.9 |
97.7 |
97.5 |
97.8 |
| Exports from Finland |
1 933 |
2 145 |
1 953 |
1 804 |
1 936 |
| Personnel on average |
19 110 |
18 899 |
17 866 |
18 332 |
18 565 |
| of which in Finland |
3 868 |
3 766 |
3 521 |
3 482 |
3 580 |
| Order book |
5 878 |
6 166 |
5 100 |
4 696 |
4 882 |
| |
| From the consolidated statement of income |
| |
2019 |
2018 |
2017* |
2016 |
2015 |
| Depreciation, amortisation and impairment |
180 |
130 |
134 |
138 |
124 |
| Share of result of associates and joint ventures |
-9 |
13 |
13 |
14 |
17 |
| Comparable operating result |
457 |
577 |
576 |
583 |
612 |
| as a percentage of net sales, % |
8.8 |
11.2 |
11.7 |
12.1 |
12.2 |
| Operating result |
362 |
543 |
538 |
532 |
587 |
| as a percentage of net sales, % |
7.0 |
10.5 |
11.0 |
11.1 |
11.7 |
| Comparable adjusted EBITA |
498 |
621 |
612 |
618 |
643 |
| as a percentage of net sales, % |
9.6 |
12.0 |
12.5 |
12.9 |
12.8 |
| Financial income and expenses |
-47 |
-40 |
-47 |
-53 |
-34 |
| Profit before taxes |
315 |
502 |
491 |
479 |
553 |
| as a percentage of net sales, % |
6.1 |
9.7 |
10.0 |
10.0 |
11.0 |
| Profit for the financial period from the continuing operations |
218 |
386 |
375 |
357 |
429 |
| Profit/loss for the financial period from the discontinued operations |
- |
- |
- |
- |
22 |
| Net profit for the financial period |
218 |
386 |
375 |
357 |
451 |
| as a percentage of net sales, % |
4.2 |
7.5 |
7.6 |
7.4 |
9.0 |
| |
| From the consolidated statement of financial position |
| |
2019 |
2018 |
2017* |
2016 |
2015 |
| Non-current assets |
2 518 |
2 369 |
2 285 |
2 116 |
2 215 |
| Current assets |
3 797 |
3 690 |
3 363 |
3 275 |
3 374 |
| Assets held for sale |
82 |
- |
- |
- |
- |
| Total equity attributable to equity holders of the parent company |
2 396 |
2 418 |
2 352 |
2 288 |
2 201 |
| Non-controlling interests |
14 |
14 |
24 |
34 |
41 |
| Interest-bearing debt |
1 096 |
823 |
619 |
629 |
724 |
| Non interest-bearing liabilities |
2 824 |
2 804 |
2 653 |
2 441 |
2 623 |
| Liabilities directly attributable to assets held for sale |
68 |
- |
- |
- |
- |
| Total equity and liabilities |
6 398 |
6 059 |
5 648 |
5 391 |
5 589 |
| |
| From the consolidated statement of cash flows |
| |
2019 |
2018 |
2017* |
2016 |
2015 |
| Cash flow from operating activities |
232 |
470 |
430 |
613 |
255 |
| Cash flow from investing activities |
-95 |
-240 |
-235 |
-126 |
-288 |
| Cash flow from financing activities |
-256 |
-118 |
-278 |
-339 |
-210 |
| Gross capital expenditure |
122 |
306 |
255 |
146 |
346 |
| as percentage of net sales, % |
2.4 |
5.9 |
5.2 |
3.0 |
6.9 |
| Research and development expenses |
164 |
165 |
141 |
131 |
132 |
| as percentage of net sales, % |
3.2 |
3.2 |
2.9 |
2.7 |
2.6 |
| Dividends paid |
284 |
284 |
272 |
256 |
237 |
| |
| Financial ratios |
| |
2019 |
2018 |
2017* |
2016 |
2015 |
| Earnings per share, basic and diluted (EPS), EUR*** |
0.37 |
0.65 |
0.63 |
0.60 |
0.75 |
| Dividend per share, EUR*** |
0.48 |
0.48 |
0.46 |
0.43 |
0.40 |
| Dividend per earnings, % |
130.8 |
73.7 |
70.8 |
72.8 |
53.3 |
| Interest coverage |
7.7 |
10.8 |
11.8 |
18.6 |
15.9 |
| Return on investment (ROI), % |
11.5 |
18.1 |
18.5 |
17.1 |
21.0 |
| Return on equity (ROE), % |
9.0 |
16.1 |
16.0 |
15.6 |
20.2 |
| Solvency ratio, % |
40.8 |
44.4 |
46.3 |
47.6 |
44.6 |
| Gearing**** |
0.30 |
0.14 |
0.10 |
0.07 |
0.17 |
| Equity per share, EUR*** |
4.05 |
4.09 |
3.97 |
3.87 |
3.72 |
| Working capital (WCAP), EUR |
732 |
581 |
563 |
490 |
543 |