Sisältöön      
 

Latest Olvi news 27.10.2011:

   
  Lasse Aho CEO
    
Lasse Aho, Managing Director of Olvi plc, said the following in connection with the disclosure of the accounts:

 ”We succeeded in retaining a good level of earnings and strengthening our overall market position in Finland. In Estonia, our operating profit improved on the previous year. In Belarus, sales developed well but earnings weakened due to heavy devaluation of the local currency. Our equity to total assets ratio remained on a healthy level. We continued to make investments related to growth.” < /span>

 
  OLVI GROUP`S INTERIM REPORT, 1 JANUARY TO 30 SEPTEMBER 2011 (9 MONTHS).pdf (292.0 kB) 
  Olvi Group’s sales volumes and net sales continued to grow in all of the Group’s geographical areas. Operating profit fell slightly short of the previous year, while relative profitability remained on a good level.   January-September in brief:   - Olvi Group’s sales volume increased by 9.9 percent to 402 (365) million litres - The Group’s net sales increased by 8.8 percent to 224.3 (206.1) million euro - The Group’s operating profit stood at 25.2 (27.7) million euro, which was 11.2 (13.4) percent of net sales - Devaluation of the Belarusian rouble hampered the Group’s earnings

KEY RATIOS  
  1-9/2011 1-9/2010 Change % 1-12/2010
Net sales, MEUR 224.3 206.1       +8.8 267.5
Operating profit, MEUR 25.2 27.7      -8.9 30.5
Gross capital expenditure, MEUR 31.5 17.1 +83.9 24.5
Earnings per share, EUR 0.62 1.08*) -42.6 1.21*)
Equity per share, EUR 5.63 5.97*) -5.7 6.13*)
Equity to total assets, % 49.7 54.1   54.7
Gearing, % 48.0 33.8   29.5
         
*) The per-share ratios have been adjusted for comparability.


   Order Olvi plc´s Financial Releases here