Financial information

Key financial indicators

20232022202120202019
Operating profit, MEUR-14,4-10,120,211,716,0
Net profit for the period, MEUR-14,4-8,218,49,912,8
Equity, MEUR79,385,193,577,378,1
Balance sheet total, MEUR347,7109,3113,583,581,5
Personnel, average(1)1 2375754
Return on equity-%-10,5-9,221,612,717,7
Gearing, %195,414,98,6-11,1-41,2
Earnings per share, EUR-0,18-0,140,320,170,22
Dividend per share, EUR(2)0,000,000,000,040,04
Net asset value per share, EUR1,361,471,611,331,35

(1) Includes only the parent company personnel until 2022.
(2) 2023 dividend is the Board of Directors’ proposal to AGM.

Financial targets and dividend policy

Financial targets

  • Return on equity of at least 13% in the long term
  • Gearing at the maximum 20%

Dividend policy

  • The target for the next couple of financial years is to invest in core business and pay dividends after major divestments within the set guidelines from the balance sheet structure and financial contracts.
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