Release
                                                         February 28, 2013
 

 
Onninen’s operating result improved significantly in 2012
 

Onninen Group’s profitability improved considerably in 2012. The development was positive in all market areas. Especially the improvement in the results of Onninen Finland, Onninen Norway and Onninen Russia was significant. The improvement of profitability was promoted by the strengthening of the market position.
 
Onninen Group’s turnover was EUR 1,555 million, showing a growth of 3% over the previous year. When calculated using comparable currency exchange rates, the turnover increased by 1.4%.
 
Group operating profit improved by EUR 25 million during the financial period and was EUR 19.9 million (EUR -5.3 million). Return on investment was 8.7% and return on equity 9.7%.
 


FURTHER INFORMATION:
Chief Financial Officer Sami Saarnio, tel. +358 204 85 2147
CEO Timo Mänty, tel. +358 204 85 5070
 
The 2012 financial statement bulletin is available in Finnish on www.onninen.fi 
 



INFORMATION ABOUT 100-YEAR-OLD ONNINEN:
Onninen provides comprehensive material and information flow solutions to contractors, industry, public organizations, technical product retailers and suppliers. We are a family-owned company and have operated in the industry since 1913. We have 2,800 employees in our Finnish, Swedish, Norwegian, Polish, Russian and Baltic operations. Our net sales for 2012 totalled EUR 1.6 billion.
www.onninen.com