Release
                                                              March 7, 2014
 

Onninen improved its result and hired more staff
 

Onninen Group’s profitability improved further in spite of the challenging market situation. The improvement in the Group’s profitability was mainly due to the improvement in the results of Onninen Finland and Norway. At year-end the Group’s personnel totaled 2,927, an increase of 89 since the beginning of the year.
 
Onninen Group’s turnover was EUR 1,539 million, showing a decrease of 1% over the previous year.
 
Group operating profit improved by EUR 3.7 million during the financial period and was EUR 23.6 million (EUR 19.9 million). Return on investment was 10.7% and return on equity 11.0%.
 
 


FURTHER INFORMATION:
Chief Financial Officer Sami Saarnio, tel. +358 204 85 2147
CEO Timo Mänty, tel. +358 204 85 5070

The 2013 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 2,900 employees in our Finnish, Swedish, Norwegian, Polish, Russian and Baltic operations. Our net sales for 2013 totalled EUR 1.5 billion.
www.onninen.com