Feb 16, 2024 / 08:30AM GMT
Rolf Jansson - Aspo Oyj - CEO
Welcome to the Q4 and full year reporting of Aspo 2023. We'll start with the summary. The full-year group total operating profit was EUR26.5 million last year. And this is then comparable to the guidance we gave, which was EUR25 million to EUR30 million. And that then leaves, for Q4, EUR7 million of operating profit.
If we look at strategic execution during last year, basically, we strengthened the equity of ESL Shipping via OP Infra's and Varma's investment. Then Telko got some evidence of compounding Eltrex. A lot more to come, and we have good plans and ambitions when it comes to acquisitions of Telko. And then basically, Leipurin focused its business via selling the warehouse properties and also divesting its machine business.
If I take a step back and -- first, sustainability emission intensity, very close to the last year targets. Unfortunately, the heavy rains and storms late last year impacted negatively on our top line of ESL. And hence, we were just below target level.
Safety, extremely good development during Q4. In looking at the safety
Q4 2023 Aspo Oyj Earnings Press Conference Transcript
Feb 16, 2024
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