Financial News / 28.08.2017

ARNON groups turnover at the same level as previous comparable period

ARNON groups turnover at the same level as previous comparable period

ARNON group reporting switch to calendar year and current financial period has been extended to 18 months and it end on 31st of December 2017. At the closed 12 months period 7/16 – 6/17, groups turnover was 37M€ and nearly the same level as last financial period.

At the same period, group profit was slightly better and EBIT was little over 3 per cent.

During H1/2017 group’s equity ratio and liquidity has improved significantly.

End of the year 2017 and next financial period

Groups order base towards to the end of the year is strong and much better than same time last year. All the business units (OVO, PARTENING and COSMOS) have positive sights. For the financial period of 2018, ARNON is aiming for rapid turnover growth compared to year 2017 level.

COO
Toni Ristamäki
Puh. +358 44 740 8330
toni.ristamaki@arnon.fi