Lassila & Tikanoja is a service company that is putting the circular economy into practice. Together with our customers, we keep materials and properties in productive use for as long as possible and we enhance the use of raw materials and energy.
This is to create more value with the circular economy for our customers, personnel and society in a broader sense. Achieving this also means growth in value for our shareholders. Our objective is to continuously grow our actions’ carbon handprint, our positive effect on the climate. We assume our social responsibility by looking after the work ability of our personnel as well as offering jobs to those who are struggling to find employment, for example. With operations in Finland and Sweden, L&T employs 8,171 people.
Net sales in 2021 amounted to EUR 812.5 million. L&T is listed on Nasdaq Helsinki.
1905
Headcount8,171
HeadquartersValimotie 27, 380 Helsinki – Finland
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Assets | N/A | 596,600,000.00 | 632,300,000.00 | 660,500,000.00 |
Noncurrent Assets | N/A | 399,400,000.00 | 432,300,000.00 | 461,700,000.00 |
Property Plant And Equipment | N/A | 139,800,000.00 | 153,000,000.00 | 155,300,000.00 |
Goodwill | N/A | 154,000,000.00 | 172,100,000.00 | 180,700,000.00 |
Intangible Assets Other Than Goodwill | N/A | 28,900,000.00 | 32,500,000.00 | 36,500,000.00 |
Investment Accounted For Using Equity Method | N/A | N/A | 0.00 | 14,000,000.00 |
Other Noncurrent Receivables | N/A | 1,300,000.00 | 2,000,000.00 | 1,900,000.00 |
Deferred Tax Assets | N/A | 4,500,000.00 | 2,700,000.00 | 1,900,000.00 |
Other Noncurrent Financial Assets | N/A | N/A | 200,000.00 | 200,000.00 |
Other Noncurrent Assets | N/A | 5,800,000.00 | 7,800,000.00 | N/A |
Current Assets | N/A | 197,200,000.00 | 200,000,000.00 | 198,800,000.00 |
Inventories | N/A | 30,700,000.00 | 5,900,000.00 | 7,800,000.00 |
Current Trade Receivables | N/A | 82,900,000.00 | 86,800,000.00 | 91,000,000.00 |
Other Current Receivables | N/A | 10,900,000.00 | 10,400,000.00 | 11,000,000.00 |
Current Tax Assets Current | N/A | 3,100,000.00 | 7,300,000.00 | 8,700,000.00 |
Cash and cash equivalents | 41,800,000.00 | 50,200,000.00 | 28,600,000.00 | 49,500,000.00 |
Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 197,200,000.00 | 161,800,000.00 | 198,800,000.00 |
Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | 0.00 | 38,300,000.00 | 0.00 |
Equity And Liabilities | N/A | 596,600,000.00 | 632,300,000.00 | 660,500,000.00 |
Equity | 203,000,000.00 | 192,600,000.00 | 210,400,000.00 | 220,400,000.00 |
Issued Capital | N/A | 19,400,000.00 | 19,400,000.00 | 19,400,000.00 |
Retained Earnings | N/A | 177,500,000.00 | 196,700,000.00 | 211,000,000.00 |
Other Reserves | N/A | -5,000,000.00 | -6,300,000.00 | -10,600,000.00 |
Liabilities | N/A | 404,000,000.00 | 422,000,000.00 | 440,100,000.00 |
Noncurrent Liabilities | N/A | 192,300,000.00 | 220,000,000.00 | 227,500,000.00 |
Noncurrent Provisions | N/A | 7,100,000.00 | 8,100,000.00 | 7,400,000.00 |
Deferred Tax Liabilities | N/A | 28,300,000.00 | 27,200,000.00 | 28,100,000.00 |
Noncurrent Recognised Liabilities Defined Benefit Plan | N/A | 1,400,000.00 | 1,400,000.00 | 1,200,000.00 |
Other Noncurrent Liabilities | N/A | 100,000.00 | 7,500,000.00 | 13,300,000.00 |
Current Provisions | N/A | 2,400,000.00 | 2,700,000.00 | 1,700,000.00 |
Trade And Other Current Payables | N/A | 177,700,000.00 | 164,900,000.00 | 170,500,000.00 |
Current Tax Liabilities Current | N/A | 300,000.00 | 3,300,000.00 | N/A |
Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 211,800,000.00 | 190,800,000.00 | 212,600,000.00 |
Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 0.00 | 11,200,000.00 | 0.00 |
Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Revenue | 751,900,000.00 | 812,500,000.00 | 844,100,000.00 |
Other Income | 9,300,000.00 | 3,800,000.00 | 8,700,000.00 |
Changes In Inventories Of Finished Goods And Work In Progress | -8,700,000.00 | 900,000.00 | N/A |
Employee Benefits Expense | 315,100,000.00 | 342,600,000.00 | 353,100,000.00 |
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 57,000,000.00 | 52,900,000.00 | 55,400,000.00 |
Other Expense By Nature | 105,600,000.00 | 95,900,000.00 | 114,700,000.00 |
Profit Loss From Operating Activities | 28,200,000.00 | 42,200,000.00 | 42,900,000.00 |
Finance Income | N/A | 300,000.00 | 400,000.00 |
Finance Costs | N/A | 3,800,000.00 | 6,000,000.00 |
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | N/A | 0.00 | 700,000.00 |
Profit Loss Before Tax | 23,300,000.00 | 39,000,000.00 | 37,800,000.00 |
Income Tax Expense Continuing Operations | 4,300,000.00 | 4,600,000.00 | 6,300,000.00 |
Profit (loss) | 19,000,000.00 | 34,400,000.00 | 31,500,000.00 |
Profit Loss Attributable To Owners Of Parent | 19,100,000.00 | 34,400,000.00 | 31,500,000.00 |
Profit Loss Attributable To Noncontrolling Interests | -100,000.00 | 0.00 | N/A |
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Profit (loss) | N/A | 19,000,000.00 | 34,400,000.00 | 31,500,000.00 |
Adjustments For Income Tax Expense | N/A | N/A | 4,600,000.00 | 6,300,000.00 |
Adjustments For Decrease Increase In Inventories | N/A | -9,200,000.00 | -1,900,000.00 | -800,000.00 |
Adjustments For Depreciation And Amortisation Expense | N/A | N/A | 52,900,000.00 | 55,400,000.00 |
Other Adjustments For Noncash Items | N/A | N/A | -400,000.00 | -700,000.00 |
Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | N/A | -1,700,000.00 | -1,200,000.00 |
Interest Paid Classified As Operating Activities | N/A | 3,900,000.00 | 3,700,000.00 | N/A |
Interest Received Classified As Operating Activities | N/A | 400,000.00 | 300,000.00 | N/A |
Income Taxes Paid Refund Classified As Operating Activities | N/A | 4,500,000.00 | 6,700,000.00 | 9,600,000.00 |
Cash Flows From Used In Operating Activities | N/A | 83,000,000.00 | 65,600,000.00 | 71,800,000.00 |
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | N/A | 0.00 | -2,000,000.00 |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 1,600,000.00 | 23,200,000.00 | 13,200,000.00 |
Cash Flows From Used In Investing Activities | N/A | -39,000,000.00 | -63,900,000.00 | -30,600,000.00 |
Payments Of Lease Liabilities Classified As Financing Activities | N/A | 16,200,000.00 | 18,100,000.00 | 19,400,000.00 |
Dividends Paid Classified As Financing Activities | N/A | 35,000,000.00 | 15,200,000.00 | 17,500,000.00 |
Cash Flows From Used In Financing Activities | N/A | -36,200,000.00 | -23,400,000.00 | -20,100,000.00 |
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 7,800,000.00 | -21,700,000.00 | 21,000,000.00 |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 600,000.00 | 0.00 | -100,000.00 |
Cash and cash equivalents | 41,800,000.00 | 50,200,000.00 | 28,600,000.00 | 49,500,000.00 |
Please note that some sums might not add up.
FI0009010854
LEI743700Z9Z54VGHZA0028
SectorCommercial & Professional Services
IndustryCommercial Services & Supplies
Sub-IndustryEnvironmental & Facilities Services
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