Itella Corporation’s financial performance in 2007: Steady growth continues

15.02.2008

Key figures of Itella Group

2007

2006

2005

Net sales, MEUR

1,688.3

1,550.6

1,348.2

Operating profit (EBIT), MEUR

101.8

89.0

97.8

EBIT margin, %

6.0

5.7

7.3

Comparable operating profit, MEUR

101.8

90.9

86.2

Profit before tax, MEUR

109.5

94.4

103.7

Return on equity, %

11.1

10.1

10.0

Return on investment, %

15.6

14.1

15.4

Equity ratio,%

65.9

65.1

63.5

Gearing, %

-36.4

-32.1

-34.3

Personnel in average

25,623

25,294

24,624

Capital expenditure, MEUR

94.2

69.5

143.0

Dividends, MEUR

39.0 *)

27.0

43.0

*) Board of Directors' proposal

 

 

 

Jukka Alho, President and CEO:

“All of our markets saw exceptionally favourable economic conditions in 2007. This was also reflected in Itella’s operations – we succeeded in the markets, growing both organically and through acquisitions. As a result of the steps taken to increase our productivity, relative profitability remained stable, something with which we can be satisfied during a period of strong expansion and investment.

Key tasks for 2008 include the improvement of productivity to compensate for the sharp rise in labour and fuel costs. Major investments in the development of mail delivery are progressing in Finland. Acquisitions will be continued in line with our strategy.” 

FOR FURTHER INFORMATION, PLEASE CONTACT:

Jukka Alho, President and CEO, tel. +358 20 451 5600
Tuija Soanjärvi, CFO, tel. +358 20 45 20907
www.itella.com/group

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