Financial Performance in January-December 2018
|Consolidated statement of comprehensive income, MEUR||2018||2017
|12 months||12 months|
|Operating profit / loss||2.8||-6.2|
|Financial income and expenses||-0.1||0.4|
|Result before tax||2.7||-5.8|
|Result for the period from continuing operations||4.0||-4.8|
|Result for the period from discontinuing operations||0.0||1.7|
|Result for the period||4.0||-3.1|
|Total comprehensive income for the period||4.1||-3.2|
|Result for the period attributable to:|
|Equity holders of the parent||4.0||-3.1|
|Total comprehensive income for the period attributable to:|
|Equity holders of the parent||4.1||-3.2|
|Earnings per share from continuing operations, EUR||0.113||-0.133|
Cash flow from operating activities was EUR -0.5 million (EUR -0.0 million, in 2017).
Net cash flow during the period was EUR -32.0 million. As the most significant item the net cash flow includes EUR 15.1 million investments made into own product development and the EUR 10.7 million dividend payment (EUR -32.0 million, in 2017, including EUR 5.8 million investments in own R&D and EUR 10.7 million dividend payment as well as investments into the new premises in Oulu, as the most significant item).
Equity ratio was 84.7 percent (85.6 percent, December 31, 2017).
- Net gearing was -26.7 percent (-52.9 percent, December 31, 2017).
Half Year Figures
|Group's net sales and operating result, MEUR||2H/18||1H/18||2H/17||1H/17|
|Operating profit (loss)||3.7||-0.8||-3.4||-2.8|
|Result before taxes||3.5||-0.8||-3.4||-2.4|
|Result for the period||4.8||-0.8||-2.4||-2.4|
|Distribution of net sales by product and services, MEUR and %||2H/18||1H/18||2H/17||1H/17|
|Product based netsales||19,0||11,8||9,1||7,2|
|54,9 %||41,8 %||37,2 %||26,5 %|
|Services based net sales||15,6||16,5||15,2||19,7|
|45,1 %||58,2 %||62,0 %||72,2 %|
|Other net sales||0,2||0,2|
|0,8 %||0,7 %|
|Distribution of net sales by market areas, MEUR and %||2H/18||1H/18||2H/17||1H/17|