We enable sustainable societies through innovation in technology and services together with all our stakeholders – today and tomorrow.
We emphasise innovation in sustainable technology and services to help our customers continuously improve environmental and economic performance. We work together with our strong ecosystem of partners every day, providing a wide portfolio of leading technologies and innovative solutions that offer our customers superior uptime, reliability and foreseeable lifecycle costs across their operations.
Our global passionate team of 17,500 energy and maritime experts in 200 locations in more than 70 countries is committed to shaping decarbonisation transformation of our industries across the globe.
Worldwide
Headcount17,500
HeadquartersHiililaiturinkuja 2, 180 Helsinki – Finland
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Assets | N/A | 6,232,000,000.00 | 6,523,000,000.00 | 6,606,000,000.00 |
Noncurrent Assets | N/A | 2,427,000,000.00 | 2,539,000,000.00 | 2,556,000,000.00 |
Property Plant And Equipment | N/A | 282,000,000.00 | 312,000,000.00 | 304,000,000.00 |
Goodwill | N/A | 1,325,000,000.00 | 1,374,000,000.00 | 1,288,000,000.00 |
Intangible Assets Other Than Goodwill | N/A | 391,000,000.00 | 401,000,000.00 | 392,000,000.00 |
Investment Accounted For Using Equity Method | N/A | 23,000,000.00 | 27,000,000.00 | 29,000,000.00 |
Noncurrent Trade Receivables | N/A | 30,000,000.00 | 26,000,000.00 | 11,000,000.00 |
Other Noncurrent Receivables | N/A | 11,000,000.00 | 17,000,000.00 | 57,000,000.00 |
Deferred Tax Assets | N/A | 183,000,000.00 | 167,000,000.00 | 195,000,000.00 |
Inventories | N/A | 1,192,000,000.00 | 1,185,000,000.00 | 1,361,000,000.00 |
Current Trade Receivables | N/A | 922,000,000.00 | 870,000,000.00 | 1,102,000,000.00 |
Other Current Receivables | N/A | 258,000,000.00 | 246,000,000.00 | 309,000,000.00 |
Current Tax Assets Current | N/A | 27,000,000.00 | 33,000,000.00 | 33,000,000.00 |
Cash and cash equivalents | N/A | 919,000,000.00 | 964,000,000.00 | 461,000,000.00 |
Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 3,706,000,000.00 | 3,982,000,000.00 | 3,997,000,000.00 |
Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 99,000,000.00 | 2,000,000.00 | 54,000,000.00 |
Equity And Liabilities | N/A | 6,232,000,000.00 | 6,523,000,000.00 | 6,606,000,000.00 |
Equity | 2,410,000,000.00 | 2,188,000,000.00 | 2,323,000,000.00 | 2,146,000,000.00 |
Issued Capital | N/A | 336,000,000.00 | 336,000,000.00 | 336,000,000.00 |
Retained Earnings | N/A | 2,030,000,000.00 | 2,094,000,000.00 | 1,889,000,000.00 |
Share Premium | N/A | 61,000,000.00 | 61,000,000.00 | 61,000,000.00 |
Equity Attributable To Owners Of Parent | N/A | 2,177,000,000.00 | 2,315,000,000.00 | 2,135,000,000.00 |
Noncontrolling Interests | N/A | 11,000,000.00 | 8,000,000.00 | 12,000,000.00 |
Liabilities | N/A | 3,975,000,000.00 | 4,199,000,000.00 | 4,438,000,000.00 |
Noncurrent Liabilities | N/A | 1,451,000,000.00 | 1,153,000,000.00 | 1,044,000,000.00 |
Noncurrent Provisions For Employee Benefits | N/A | 139,000,000.00 | 126,000,000.00 | 89,000,000.00 |
Other Longterm Provisions | N/A | 55,000,000.00 | 73,000,000.00 | 85,000,000.00 |
Noncurrent Contract Liabilities | N/A | 51,000,000.00 | 37,000,000.00 | 60,000,000.00 |
Deferred Tax Liabilities | N/A | 76,000,000.00 | 65,000,000.00 | 65,000,000.00 |
Other Noncurrent Financial Liabilities | N/A | 1,005,000,000.00 | 694,000,000.00 | 517,000,000.00 |
Other Noncurrent Nonfinancial Liabilities | N/A | 1,000,000.00 | 1,000,000.00 | 5,000,000.00 |
Current Provisions | N/A | 269,000,000.00 | 241,000,000.00 | 311,000,000.00 |
Trade And Other Current Payables To Trade Suppliers | N/A | 411,000,000.00 | 714,000,000.00 | 1,041,000,000.00 |
Current Contract Liabilities | N/A | 926,000,000.00 | 1,231,000,000.00 | 1,145,000,000.00 |
Current Tax Liabilities Current | N/A | 56,000,000.00 | 63,000,000.00 | 51,000,000.00 |
Other Current Financial Liabilities | N/A | 156,000,000.00 | 82,000,000.00 | 166,000,000.00 |
Other Current Nonfinancial Liabilities | N/A | 664,000,000.00 | 676,000,000.00 | 636,000,000.00 |
Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 2,524,000,000.00 | 3,047,000,000.00 | 3,394,000,000.00 |
Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 68,000,000.00 | 0.00 | 22,000,000.00 |
Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Revenue | 4,604,000,000.00 | 4,778,000,000.00 | 5,842,000,000.00 |
Other Income | 61,000,000.00 | 85,000,000.00 | 70,000,000.00 |
Changes In Inventories Of Finished Goods And Work In Progress | 104,000,000.00 | -4,000,000.00 | N/A |
Other Work Performed By Entity And Capitalised | 19,000,000.00 | 18,000,000.00 | N/A |
Employee Benefits Expense | 1,192,000,000.00 | 1,230,000,000.00 | 1,359,000,000.00 |
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 174,000,000.00 | 162,000,000.00 | 263,000,000.00 |
Other Expense By Nature | 431,000,000.00 | 467,000,000.00 | 638,000,000.00 |
Profit Loss From Operating Activities | 234,000,000.00 | 314,000,000.00 | -26,000,000.00 |
Finance Income | 16,000,000.00 | 15,000,000.00 | 30,000,000.00 |
Finance Costs | 59,000,000.00 | 33,000,000.00 | 37,000,000.00 |
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 3,000,000.00 | 3,000,000.00 | 6,000,000.00 |
Hedging Gains Losses For Hedge Of Group Of Items With Offsetting Risk Positions | -1,000,000.00 | -2,000,000.00 | -12,000,000.00 |
Profit Loss Before Tax | 191,000,000.00 | 296,000,000.00 | -32,000,000.00 |
Income Tax Expense Continuing Operations | 58,000,000.00 | 103,000,000.00 | 27,000,000.00 |
Profit (loss) | 133,000,000.00 | 193,000,000.00 | -59,000,000.00 |
Profit Loss Attributable To Owners Of Parent | 134,000,000.00 | 194,000,000.00 | 65,000,000.00 |
Profit Loss Attributable To Noncontrolling Interests | -1,000,000.00 | 0.00 | -6,000,000.00 |
Line item in (eur) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|
Profit (loss) | 133,000,000.00 | 193,000,000.00 | -59,000,000.00 |
Adjustments For Income Tax Expense | 58,000,000.00 | 103,000,000.00 | 27,000,000.00 |
Adjustments For Decrease Increase In Inventories | 122,000,000.00 | 29,000,000.00 | -207,000,000.00 |
Adjustments For Losses Gains On Disposal Of Noncurrent Assets | -9,000,000.00 | 0.00 | 23,000,000.00 |
Other Adjustments To Reconcile Profit Loss | 7,000,000.00 | 6,000,000.00 | 26,000,000.00 |
Cash Flows From Used In Operations | 832,000,000.00 | 841,000,000.00 | 22,000,000.00 |
Interest Paid Classified As Operating Activities | 14,000,000.00 | 16,000,000.00 | 14,000,000.00 |
Interest Received Classified As Operating Activities | 4,000,000.00 | 5,000,000.00 | 4,000,000.00 |
Income Taxes Paid Refund Classified As Operating Activities | 122,000,000.00 | 100,000,000.00 | 83,000,000.00 |
Other Inflows Outflows Of Cash Classified As Operating Activities | -19,000,000.00 | 1,000,000.00 | 9,000,000.00 |
Cash Flows From Used In Operating Activities | 681,000,000.00 | 731,000,000.00 | -62,000,000.00 |
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | 22,000,000.00 | 10,000,000.00 | -10,000,000.00 |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | 1,000,000.00 | 0.00 | 4,000,000.00 |
Cash Flows From Used In Investing Activities | -55,000,000.00 | -128,000,000.00 | -151,000,000.00 |
Repayments Of Borrowings Classified As Financing Activities | N/A | 4,000,000.00 | N/A |
Dividends Paid Classified As Financing Activities | 286,000,000.00 | 121,000,000.00 | 145,000,000.00 |
Cash Flows From Used In Financing Activities | -44,000,000.00 | -580,000,000.00 | -289,000,000.00 |
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 582,000,000.00 | 22,000,000.00 | -501,000,000.00 |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents | -19,000,000.00 | 10,000,000.00 | 1,000,000.00 |
Cash and cash equivalents | 919,000,000.00 | 964,000,000.00 | 461,000,000.00 |
Please note that some sums might not add up.
FI0009003727
LEI743700G7A9J1PHM3X223
SectorIndustrial Machinery & Supplies & Components
Listed Stock ExchangeOMX Helsinki 25
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