Rapala VMC Oyj: RAPALA VMC CORPORATION S ANNUAL ACCOUNTS 2020: COMPARABLE OPERATING PROFIT GREW FROM LAST YEAR DESPITE THE COVID-19 PANDEMIC; SUCCESSFULL AND FORCEFUL ACTIONS LED TO SIGNIFICANT REDUCTION IN INVENTORIES AND STRONG OPERATING CASH FLOW
February 9, 2021 at 4:00 p.m.
RAPALA VMC CORPORATION S ANNUAL ACCOUNTS 2020: COMPARABLE OPERATING PROFIT GREW FROM LAST YEAR DESPITE THE COVID-19 PANDEMIC; SUCCESSFULL AND FORCEFUL ACTIONS LED TO SIGNIFICANT REDUCTION IN INVENTORIES AND STRONG OPERATING CASH FLOW
January-December (FY) in brief:
Net sales were 261.3 MEUR, down 5% from previous year (275.4). Organically sales were 2% lower than last year.
Operating profit was 10.7 MEUR (13.4).
Comparable operating profit was 21.5 MEUR (17.8).
Cash flow from operations was 42.5 MEUR (25.9).