Investors Last Modified 25.02.2009

Investors

Financials

FIVE YEARS IN FIGURES MEUR
    2008 2007 2006 2005 2004
Net sales   4,612 3,763 3,190 2,639 2,478
  of which outside Finland % 98.1 98.2 98.5 97.7 96.2
Exports from Finland   2,574 2,017 1,726 1,405 1,292
Personnel on average   17,623 15,337 13,264 12,049 12,361
  of which in Finland   3,378 3,010 2,641 2,572 3,246
Orderbook, Power Businesses   6,883 6,308 4,439 2,906 1,855

From the income statement
    2008 2007 2006 2005 2004
Depreciation and impairment   99 78 72 72 63
Share of profit of associates and joint ventures * - 1 1 - 1
Operating profit   525 380 263 225 113
  as a percentage of net sales % 11.4 10.1 8.2 8.5 4.5
Net financial items   -9 -8 -7 -23 -4
  as a percentage of net sales % -0.2 -0.2 -0.2 -0.9 -0.2
Net income from investments available for sale - - 124 1 108
Share of profit of associates; Ovako * - - 67 10 -
Profit before taxes   516 372 447 212 217
  as a percentage of net sales % 11.2 9.9 14.0 8.0 8.8
Profit for the financial year   389 265 353 167 130
  as a percentage of net sales % 8.4 7.1 11.1 6.3 5.2

From the balance sheet
    2008 2007 2006 2005 2004
Non-current assets   1,498 1,283 1,233 1,316 964
Current assets   3,245 2,466 1,955 1,553 1,433
Shareholder's equity   1,184 1,315 1,217 1,153 893
Minority interest   15 10 13 10 8
Interest-bearing liabilities   664 283 270 404 320
Non interest-bearing liabilities   2,880 2,141 1,687 1,302 1,177
Balance sheet total   4,743 3,749 3,188 2,869 2,397
Gross capital expenditure   366 231 193 231 69
  as a percentage of net sales % 7.9 6.1 6.1 8.8 2.8
Research and development expences   121 122 85 70 73
  as a percentage of net sales % 2.6 3.2 2.7 2.7 3.0
Dividends paid for the financial year   148¹ 216 167 85 42
Supplementary dividend   - 192 - 198 42
Dividends total   148 408 167 283 83

Financial ratios
    2008 2007 2006 2005 2004
Earnings per share (EPS)

EUR

 3.88 2.74 3.72 1.80 1.42
Diluted EPS

EUR

 3.88 2.73 3.71 1.78 1.42
Dividend per share

EUR

 1.50¹ 4.25 1.75 3.00 0.90
Dividend per earnings % 38.7¹ 155.1 47.0 166.7 64.1
Interest coverage   14.0 13.7 13.1 8.3 17.2
Return on investment (ROI) % 32.4 26.0 31.8 18.0 18.0
Return on equity (ROE) % 30.8 20.8 29.5 16.3 15.0
Solvency ratio % 34.3 45.9 47.0 46.6 40.8
Gearing   0.39 -0.01 0.07 0.24 0.17
Equity per share

EUR

 12.01 13.70 12.74 12.25 9.65


*) Share of profit of associates exluding Oy Ovako Ab has been transferred above operating result.

1) Proposal of the Board of Directors. Financial ratios calculated from total amount of dividend.

Please refer to the Calculation of Financial Ratios.

 

Accounting principles

 

Related information

 Publications