Aspo Group Financial Statement Release, January 1 to December 31, 2020
Aspo Q4: A strong conclusion to a challenging year, record-high operating profit and cash flow during the quarter
October–December 2020
– Aspo’s net sales decreased and were EUR 133.5 (147.0) million.
– Operating profit increased from the comparative period and was EUR 7.6 (5.4) million.
– Profit for the period increased and was EUR 6.1 (3.7) million.
– Earnings per share increased and were EUR 0.19 (0.10).
– Operating profit of ESL Shipping was EUR 4.8 (4.4) million, Leipurin EUR 0.2 (1.1) million, and Telko EUR 4.1 (0.9) million.
– Net cash from operating activities was EUR 25.1 (18.9) million.
January–December 2020
– Operating profit decreased and was EUR 19.3 (21.1) million.
– Profit for the period decreased and was EUR 13.4 (16.1) million.*