Gasum Group financial result Q1 2019: Use of gas in transport continued to grow
Key financial indicators January 1 to March 31, 2019: ·Group revenue increased by 2% and totaled €396.6 million (2018: €390.5 million). ·Operating profit totaled €61.1 million, down 16% year on year (€72.8 million). ·Balance sheet total increased to €1,628.2 million (€1,526.6 million) following the introduction of the new IFRS 16 standard. ·The Group’s financial position remained strong in the reporting period, with the equity ratio being 42.5% (December 31, 2018: 43.7%). Gasum Group CEO Johanna Lamminen comments on the first quarter of 2019: ”Our financial