Release
                                                              March 11, 2016
 

 
Onninen grew and improved its operating result
in 2015 
 

The year 2015 signified strong growth and development for Onninen.
The company continued to invest in the improvement of local services for customers, and the unit network grew by seven new stores during the year. There was also growth in Onninen's product and service range, which was enabled in Finland by the significant investment in the expansion of the Hyvinkää distribution center and the expansion of storage automation. Significant investments in business development have also required the company to increase the number of experts, and the number of Onninen's personnel continued to increase in 2015.
 
Onninen Group’s turnover was EUR 1,567 million, showing an increase of
3% over the previous year. At year-end the Group’s personnel totaled 3,130, an increase of 63 since the beginning of the year.
 
The Group's operating profit increased by EUR 6.0 million during the financial period to EUR 21.2 million (EUR 15.2 million). The return on investment was 9.0%, while the return on equity was 9.5%.
 
FURTHER INFORMATION:
Chief Financial Officer Sami Saarnio, tel. +358 204 85 2147
CEO Timo Mänty, tel. +358 204 85 5070
 
The 2015 financial statement bulletin is available in Finnish on www.onninen.fi.
 

INFORMATION ABOUT ONNINEN:
Onninen provides comprehensive material and information flow solutions to contractors, industry, public organizations, technical product retailers and suppliers. We are a Finnish family-owned company and have operated in the industry since 1913. We have 3,100 employees in our Finnish, Swedish, Norwegian, Polish, Russian and Baltic operations. Our net sales for 2015 totaled EUR 1.6 billion.
www.onninen.com