Year-End Report 2012
Read CEO Tom Erixon's comments on Ovako's Year-End Report 2012 and get the financial report.Fourth quarter 2012 · Sales amounted to EUR 196 (266) million, a decrease of 26 percent compared to the fourth quarter of 2011. Adjusted for the production stoppage at the Imatra steel mill in Finland, the decrease was 23 percent. · Operating profit amounted to EUR -13 (9) million, including restructuring costs of EUR 4 (0) million. · Cash flows from operations amounted to EUR 33 (24) million, an improvement of 38 percent compared to the previous year, due to reduced inventory and other