Exel Composites’ Annual Financial Report 2016 published


Exel Composites’ Annual Financial Report 2016 published

Exel Composites has today 14 March 2017 published its Annual Financial Report for 2016. The Annual Financial Report for the period from 1 January to 31 December 2016 includes the Board of Directors’ Report, the review by the President & CEO, the consolidated financial statements, the financial statements of the parent company and the auditor’s report.

Exel Composites has today also published a Corporate Governance Statement and a Remuneration Statement for 2016.

The above mentioned publications are available as pdf files in English and in Finnish at www.exelcomposites.com and attached to this release.


Vantaa, 14 March 2017

Exel Composites Plc
Riku Kytömäki
President and CEO


For further information, please contact:
Riku Kytömäki, President and CEO
+358 50 511 8288

Mikko Kettunen, CFO
tel. +358 50 347 7462


Nasdaq Helsinki Ltd
Main news media

Exel Composites in brief
Exel Composites (www.exelcomposites.com) is a leading composite technology company that designs, manufactures and markets composite products and solutions for demanding applications. Exel Composites provides superior customer experience through continuous innovation, world-class operations and long-term partnerships.

The core of the operations is based on own, internally developed composite technology, product range based on it and strong market position in selected segments with a strong quality and brand image. Profitable growth is pursued by a relentless search for new applications and development in co-operation with customers. The personnel’s expertise and high level of technology play a major role in Exel Composites’ operations. Exel Composites Plc share is listed in Nasdaq Helsinki Ltd.

About Us

Exel Composites is the world’s leading composite technology company that engineers and manufactures composite products and solutions to an extensive range of demanding industrial applications. The core of the business is based on the employees’ high level of expertise and own, internally developed composite technologies, which have been perfected over decades with a steady focus on innovation. With nine manufacturing plants across Europe, Asia, and North America, and a global sales network, Exel Composites is firmly driven by superior customer experience and world-class operations. Headquartered in Finland, Exel Composites employs approximately 650 people globally. The company’s shares are listed on the Nasdaq Helsinki exchange. www.exelcomposites.com