Suominen Corporation s Financial Statements Release for January 1-December 31, 2020: Record year in both net sales and profitability
Suominen Corporation s Financial Statements Release for January 1-December 31, 2020: Record year in both net sales and profitability
Key figures
8.5
7.3
17.9
0.31
0.13
-
- 2020 proposal to the Annual General Meeting In this Financial Statement Release, the figures shown in brackets refer to the comparison period last year if not otherwise stated.
October-December 2020 in brief: - Operating profit improved significantly to EUR 8.5 million (1.4) - Cash flow from operations improved to EUR 17.9 million (5.7)
Financial year 2020 in brief:
- Net sales increased by 11.5% and were EUR 458.9 million (411.4)
- Operating profit improved significantly to EUR 39.5 million (8.1)
2020 proposal to the Annual General Meeting
In this Financial Statement Release, the figures shown in brackets refer to the comparison period last year if not otherwise stated.
October–December 2020 in brief:
- Net sales increased by 17.6% and were EUR 111.1 million (94.5)
- Operating profit improved significantly to EUR 8.5 million (1.4)
- Cash flow from operations improved to EUR 17.9 million (5.7)
Financial year 2020 in brief:
- Net sales increased by 11.5% and were EUR 458.9 million (411.4)
- Operating profit improved significantly to EUR 39.5 million (8.1)
- Cash flow from operations was strong and totaled to EUR 57.0 million (29.9)
- Board of Directors proposes to the Annual General meeting a dividend of EUR 0.10 per share and in addition to the dividend, a return of capital of EUR 0.10 per share