Financial information

Key financial indicators

20222021202020192018
Operating profit, MEUR-10,120,211,716,016,3
Net profit for the period, MEUR-8,218,49,912,813,5
Equity, MEUR85,193,577,378,167,0
Balance sheet total, MEUR109,3113,583,581,579,8
Personnel, average57544
Return on equity-%-9,221,612,717,722,5
Gearing, %14,98,6-11,1-41,24,9
Earnings per share, EUR-0,140,320,170,220,23
Dividend per share, EUR(1)0,000,000,040,040,18
Net asset value per share, EUR1,471,611,331,351,16

(1) 2018 number includes extra dividend (0.15 €/share) paid in February 2020. 2022 dividend is the Board of Directors’ proposal for the distribution of profit.

Financial targets and dividend policy

Financial targets

  • Return on equity of at least 13% in the long term
  • Gearing at the maximum 20%

Dividend policy

  • The aim is to distribute annually an ordinary dividend of approximately 3% of the net asset value per share
  • In addition, an extra dividend can be distributed after significant exits
Read more on dividends