Feb 04, 2021 / 09:00AM GMT
Emilia Peltola - Suominen Oyj - VP, Communications & IR
Good day, and welcome to Suominen's Q4 and full year 2020 result publication. My name is Emilio Peltola, and I'm heading Suominen's Communication and Investor Relations. Today, our President and CEO, Petri Helsky; and CFO, Toni Tamminen will present the results. And after the presentation, there is time for questions. So, Petri, please.
Petri Helsky - Suominen Oyj - CEO & President
Thank you. So good morning, everyone. We have the agenda and I propose we move to the first actual slide.
So Suominen had a record year in 2020, both when it comes to net sales and profitability. Our net sales increased by 11.5%, and we reached a sales of EUR459 million, which compares with EUR411 million the year before.
Our EBIT improved significantly to EUR39.5 million. In 2019, we had made an EBITDA of EUR8.1 million. The cash flow was strong and totaled EUR57 million. The year before, it was on the level of EUR30 million. And the Board of Directors proposes to the AGM a dividend of EUR0.10 per
Q4 2020 Suominen Oyj Earnings Call Transcript
Feb 04, 2021
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers