Financial Performance in January-December 2016
| Consolidated statement of comprehensive income, MEUR |
2016
|
2015
|
| |
12 months |
12 months |
| Net sales |
64.2 |
56.8 |
| Operating profit / loss |
2.5 |
2.3 |
| Financial income and expenses |
0.6 |
-0.2 |
| Result before tax |
3.1 |
2.1 |
| Result for the period from continuing operations |
3.5 |
2.3 |
| Result for the period from discontinuing operations |
|
539.0 |
| Result for the period |
3.5 |
541.3 |
| Total comprehensive income for the period |
3.5 |
541.5 |
| |
|
|
| Result for the period attributable to: |
|
|
| Equity holders of the parent |
3.5 |
541.3 |
| Total comprehensive income for the period attributable to: |
|
|
| Equity holders of the parent |
3.5 |
541.5 |
| |
|
|
| Earnings per share from continuing operations, EUR |
0.098 |
0.020 |
- Cash flow from operating activities was EUR -1.7 million (EUR 2.1 million, in 1–12 2015, including both continuing and discontinuing operations).
- Net cash flow was EUR -27.9 million, including the dividend payment in April, the investments made into the company´s new office building in Oulu, Finland, and the acquisition made in November (EUR 79.5 million, in 1–12 2015, including the cash flow resulted from the sale of the Automotive business and the cash flow of the cancelled demerger process and the cash flows of the voluntary public tender offer of own shares).
- Equity ratio was 87.0 percent (90.5 percent, December 31, 2015).
- Net gearing was -70.3 percent (-88.2 percent, December 31, 2015).
Quarterly Figures
| Group's net sales and operating result, MEUR |
4Q/16 |
3Q/16 |
2Q/16 |
1Q/16 |
4Q/15 |
| Net sales |
19.0 |
14.1 |
16.4 |
14.7 |
15.2 |
| Operating profit (loss) |
0.9 |
0.9 |
0.8 |
-0.1 |
0.8 |
| Result before taxes |
1.1 |
1.1 |
1.0 |
-0.1 |
0.9 |
| Result for the period |
1.4 |
1.1 |
1.0 |
-0.1 |
1.1 |
| Distribution of net sales by market areas, MEUR and % |
4Q/16 |
3Q/16 |
2Q/16 |
1Q/16 |
4Q/15 |
| Asia |
0.2
1.1% |
0.0
0.1% |
0.4
2.7% |
0.0
0.2% |
0.0
0.0% |
Americas |
3.8
19.9% |
2.9
20.7% |
3.2
19.8% |
2.3
15.3% |
2.9
19.2% |
Europe |
15.0
79.0% |
11.2
79.3% |
12.7
77.5% |
12.5
84.5% |
12.3
80.7% |
