Lemminkäinen in brief

We are an expert in infrastructure and building construction. With a hundred years of experience, we create conditions that make living, working and travelling functional, safe and healthy.

To enable future profitable growth, we concentrate in the short term on improving our competitiveness, profitability and financial position. In the long term, we seek profitable growth by leveraging our strong market position in infrastructure construction in northern Europe. In building construction, we focus on selected customer segments and regions in Finland and in Russia.

Our net sales in 2014 were EUR 2.0 billion. We employ on average 5,600 construction professionals. The Group’s parent company Lemminkäinen Corporation’s share is quoted on NASDAQ OMX Nordic Exchange Helsinki.

Key figures 2014 2013 Change
Net sales, EUR million 2,044.5 2,020.1 24.4
Operating profit (IFRS), EUR million 36.3 -89.3 125.6
Operating margin (IFRS), % 1.8 -4.4  
Operating profit (excl. non-recurring items), EUR million 52.3 -3.9 56.2
Operating margin (excl. non-recurring items), % 2.6 -0.2  
Pre-tax profit, EUR million -1.7 -116.1 114.4
Profit for the period, EUR million 18.1 -93.5 111.6
Basic earnings per share, EUR 0.40 -4.81* 5.21
Dividend per share, EUR 0.00** 0.00  
Cash flow from operations, EUR million -54.8 8.3  -63.1
Gross investments, EUR million 30.0 71.2  -41.2
       
Key figures 31 Dec 2014 31 Dec 2013 Change
Order book, continuing operations, EUR million 1,456.1  1,733.2  -277.1
Personnel at end of period, continuing operations 4,748 5,526  -778
Interest-bearing net debt, EUR million 213.6  326.5  -112.9
Equity ratio, %  37.1  27.3  
Gearing, % 51.8 100.8  
Return on investment, %  13.5 -9.4  
       
Site accident frequency rate, continuing operations,
accidents/ million working hours
6.9 10.5 -3.6


*) Includes a retrospective adjustment due to the effect of the rights offering in 2014 on the the weighted average number of shares
**) Board of Directors' proposal to the AGM


 
ToolsClose