Etteplan starts to publish key figures of its two service areas
ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, MARCH 27, 2015, AT 1.00 P.M.
ETTEPLAN STARTS TO PUBLISH KEY FIGURES OF ITS TWO SERVICE AREAS
Etteplan Oyj’s business is divided into engineering services and technical documentation services. Engineering services refer to engineering, calculation and drawing of the technical features of customer’s machinery or equipment for product development needs or for the purpose of manufacturing. Technical documentation refers to product-related documentation, such as manuals and instructions for the users of a product as well as content creation and distribution.
Etteplan starts to publish key figures of its two service areas from reporting of the first quarter of 2015 onwards. With publication of service area key figures Etteplan will increase the transparency of the implementation of Company’s business strategy and realization of targets. The new key figures to be published for the service areas are: revenue, EBIT from business operations and MSI (Managed Services Index) which represents the share of revenue accounted for by high value-added services.
|Comparison numbers 2014, EUR 1,000|
|Revenue||26 905||27 589||23 678||28 431||106 603|
|EBIT from business operations *||926||1 668||949||1 961||5 503|
|EBIT from business operations, %*||3,4||6,0||4,0||6,9||5,2|
|Share of Managed Services, % of revenue||33||35||37||39||36|
|Revenue||6 347||6 153||5 820||6 885||25 205|
|EBIT from business operations *||458||415||424||734||2 031|
|EBIT from business operations, %*||7,2||6,7||7,3||10,7||8,1|
|Share of Managed Services, % of revenue||51||50||55||56||53|
|* excluding acquisition related items such as amortization on PPA allocations and earn out revaluations|
Company’s organization structure is still based on country specific business responsibility and the development of service areas is followed according to matrix organization.
More information of service area reporting is available from President and CEO Juha Näkki’s presentation material in Annual General Meeting on March 27, 2015.
Vantaa, March 27, 2015
Board of Directors
Juha Näkki, President and CEO, tel. +358 400 606 372
NASDAQ OMX Helsinki
Etteplan provides engineering services and technical documentation solutions to the world's leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers' products and engineering processes throughout the product life cycle. The results of Etteplan's innovative engineering can be seen in numerous industrial solutions and everyday products.
In 2014, Etteplan had a turnover of EUR 131.9 million. The company has almost 1,900 professionals in Finland, Sweden, the Netherlands and China. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ticker ETT1V.