Press release
February 11, 2009

Onninen’s turnover remained on previous year’s level, result decreased

Markets nearly in all countries where Onninen operates, as well as nearly in all customer segments and product areas slowed down in 2008. Economic crisis and collapse of construction market was seen particularly during the latter part of the year. This was reflected in Onninen’s turnover as slowing growth to 1.7% and an overall turnover of EUR 1,748.0 million. 

Read Results release 2008

Further information:
President and CEO Harri Sivula , tel. +358 (0)50 65 692
Chief Financial Officer Heikki Ala-Ilkka, tel. +358 (0)40 521 5005

The 2008 financial statements bulletin is available in Finnish on www.onninen.fi 

ABOUT ONNINEN:
Onninen provides comprehensive materials services to contractors, industry, public organisations and technical product retailers.  We are a family-owned company and have operated in the industry since 1913. We have 3,200 employees in our Finnish, Swedish, Norwegian, Polish, Russian and Baltic operations. Our net sales for 2008 totalled EUR 1.75 billion.