| Five years in figures, MEUR |
| |
2017*
|
2016 |
2015 |
2014 |
Restated
2013** |
| Net sales |
4 911 |
4 801 |
5 029 |
4 779 |
4 607 |
| of which outside Finland, % |
97.7 |
97.5 |
97.8 |
98.9 |
99.0 |
| Exports from Finland |
1 953 |
1 804 |
1 936 |
2 280 |
2 306 |
| Personnel on average |
17 866 |
18 332 |
18 565 |
18 042 |
18 339 |
| of which in Finland |
3 521 |
3 482 |
3 580 |
3 582 |
3 662 |
| Order book |
5 100 |
4 696 |
4 882 |
4 530 |
4 311 |
| |
| From the consolidated statement of income |
| |
2017* |
2016 |
2015 |
2014 |
Restated
2013** |
| Depreciation, amortisation and impairment |
134 |
138 |
124 |
115 |
120 |
| Share of result of associates and joint ventures |
13 |
14 |
17 |
26 |
28 |
| Comparable operating result |
576 |
583 |
612 |
569 |
557 |
| as a percentage of net sales, % |
11.7 |
12.1 |
12.2 |
11.9 |
12.1 |
| Operating result |
538 |
532 |
587 |
522 |
537 |
| as a percentage of net sales, % |
11.0 |
11.1 |
11.7 |
10.9 |
11.7 |
| Comparable adjusted EBITA |
612 |
618 |
643 |
594 |
589 |
| as a percentage of net sales, % |
12.5 |
12.9 |
12.8 |
12.4 |
12.8 |
| Financial income and expenses |
-47 |
-53 |
-34 |
-28 |
-19 |
| Net income from other investments |
- |
- |
- |
- |
25 |
| Profit before taxes |
491 |
479 |
553 |
494 |
544 |
| as a percentage of net sales, % |
10.0 |
10.0 |
11.0 |
10.3 |
11.8 |
| Profit for the financial period from the continuing operations |
375 |
357 |
429 |
389 |
425 |
| Profit/loss for the financial period from the discontinued operations |
- |
- |
22 |
-37 |
-31 |
| Net profit for the financial period |
375 |
357 |
451 |
351 |
393 |
| as a percentage of net sales, % |
7.6 |
7.4 |
9.0 |
7.4 |
8.5 |
| |
| From the consolidated statement of financial position |
| |
2017* |
2016 |
2015 |
2014 |
Restated
2013** |
| Non-current assets |
2 285 |
2 116 |
2 215 |
1 884 |
1 935 |
| Current assets |
3 363 |
3 275 |
3 374 |
3 294 |
3 274 |
| Assets held for sale |
- |
- |
- |
102 |
- |
| Total equity attributable to equity holders of the parent company |
2 352 |
2 288 |
2 201 |
1 960 |
1 844 |
| Non-controlling interests |
24 |
34 |
41 |
45 |
40 |
| Interest-bearing debt |
619 |
629 |
724 |
666 |
665 |
| Non interest-bearing liabilities |
2 653 |
2 441 |
2 623 |
2 554 |
2 660 |
| Liabilities directlly attributable to assets held for sale |
- |
- |
- |
55 |
- |
| Total equity and liabilities |
5 648 |
5 391 |
5 589 |
5 280 |
5 209 |
| |
| From the consolidated statement of cash flows |
| |
2017* |
2016 |
2015 |
2014 |
Restated
2013** |
| Cash flow from operating activities |
430 |
613 |
255 |
452 |
578 |
| Cash flow from investing activities |
-235 |
-126 |
-288 |
-71 |
-79 |
| Cash flow from financing activities |
-278 |
-339 |
-210 |
-210 |
-324 |
| Gross capital expenditure |
255 |
146 |
346 |
101 |
134 |
| as percentage of net sales, % |
5.2 |
3.0 |
6.9 |
2.1 |
2.9 |
| Research and development expenses |
141 |
131 |
132 |
139 |
138 |
| as percentage of net sales, % |
2.9 |
2.7 |
2.6 |
2.9 |
3.0 |
| Dividends paid |
272 |
256 |
237 |
227 |
207 |
| |
| Financial ratios |
| |
2017* |
2016 |
2015 |
2014 |
Restated
2013** |
| Earnings per share, basic and diluted (EPS), EUR |
0.63*** |
1.79 |
2.25 |
1.76 |
1.98 |
| Dividend per share, EUR |
0.46 |
1.30 |
1.20 |
1.15 |
1.05 |
| Dividend per earnings, % |
72.5*** |
72.8 |
53.3 |
65.4 |
53.0 |
| Interest coverage |
11.6 |
18.6 |
15.9 |
15.9 |
18.1 |
| Return on investment (ROI), % |
- |
- |
- |
18.7 |
21.2 |
| Return on investment (ROI), continuing operations, % |
18.5 |
17.1 |
21.0 |
20.3 |
22.6 |
| Return on equity (ROE) |
- |
- |
- |
18.0 |
21.4 |
| Return on equity (ROE), continuing operations, % |
16.0 |
15.6 |
20.2 |
20.0 |
23.1 |
| Solvency ratio, % |
46.3 |
47.6 |
44.6 |
43.5 |
43.9 |
| Gearing |
0.10 |
0.07 |
0.17 |
0.05 |
0.15 |
| Equity per share, EUR |
3.97*** |
11.60 |
11.16 |
9.94 |
9.35 |
| Working capital (WCAP), EUR |
563 |
490 |
543 |
251 |
313 |