Lemminkäinen in brief

We are known for our expertise in infrastructure construction, building construction and technical building services. We operate in Northern Europe. With a hundred years of experience we create conditions that make travelling, living and working easy, safe and healthy. We aim to grow into one of the leading providers of demanding infrastructure solutions in Northern Europe. We are also seeking profitable growth in residential development and construction in Russia.

In 2013, our net sales were about EUR 2.2 billion, of which operations outside Finland accounted for roughly 42 per cent. We employ about 7,800 construction professionals. Lemminkäinen Corporation’s share is quoted on NASDAQ OMX Nordic Exchange Helsinki.

KEY FIGURES 2013 2012 change, %
Net sales, EUR million 2,218.2 2,267.6 -2.2
of which operations abroad, EUR million 929.0 897.3 3.5
Operating profit, EUR million -90.9 50.4 over 100
Profit for financial year, EUR million -93.5 44.1 over 100
Operating margin, % -4.1 2.2 over 100
       
Return on investment, % -9.4 10.8 over 100
Return on equity, % -24.4 11.1 over 100
Equity ratio, % 27.3 37.2 -26.6
Basic earnings per share, EUR -5.06 2.04 over 100
Dividend per share, EUR 0.00* 0.60  
       
Gross investments, EUR million 71.2 64.5 10.4
Order book, EUR million 1,821.3 1,443.9 26.1
Average number of employees 7,823 8,180 -4.4
Site accident frequency rate, accidents/ million working hours 16.3 22.0**  
Net Promoter Score 23.4 29.3  

* Board of Directors' proposal to the AGM
** Excluding operations in Russia


NET SALES, EUR million

0910111213
Net sales1,965.51,829.62,183.92,267.62,218.2

NET SALES BY SEGMENT

International operations, 41% (38%) 41
Building construction, 26% (28%) 26
Infrastructure construction, 23% (24%) 23
Technical building services, 10% (10%) 10
 

NET SALES BY MARKET AREA

Finland, 58% 58
Other Nordic countries, 27% 27
Russia and Eastern Europe, 8% 8
Other countries, 7% 7

OPERATING PROFIT, EUR million

09 10 11 12 13
Operating profit 23.2 29.6 44.0 50.4 -90.9
 

EARNINGS PER SHARE, DIVIDEND PER SHARE, EUR

09 10 11 12 13*
Earnings per share -1.54 0.02 1.77 2.04 -5.06
Dividend per share 0.00 0.50 0.50 0.60 0.00

* Board of Directors' proposal to the AGM

ORDER BOOK, EUR million

09 10 11 12 13
Order book 1,064.5 1,226.4 1,400.4 1,443.9 1,821.3
 

GEARING, %

09 10 11 12 13
Gearing 111.7 105.7 114.5 62.8 100.8

CASH FLOW FROM OPERATING ACTIVITIES, EUR million

09 10 11 12 13
Cash flow from operating activities 64.2 -37.2 -7.1 57.8 8.3