Gasum Financial Review, Corporate Responsibility Report, Governance and Remuneration Report and Green Funding Impact Report 2020 published
Gasum Group published Financial Review, Corporate Responsibility Report, Governance and Remuneration Report and Green Funding Impact Report for the period 1.1.–31.12.2020.Regardless of the uncertainties caused by the COVID-19 pandemic, in 2020 Gasum continued to develop the Nordic gas market as planned and was able to ensure business continuity and progress in projects.
The company advanced its strategy in a purposeful manner by offering low-emission energy solutions in response to growing demand among industrial as well as road and maritime transport customers. The importance of gases
The Gasum Group has published its Financial Review for the January 1 to December 31, 2019 financial year as well as its Corporate Responsibility Report and Governance and Remuneration.In 2019, the Nordic energy company Gasum took steps of change towards a cleaner tomorrow. The company advanced its strategy in a purposeful manner and developed the Nordic gas market, enabling an even broader offering of low-emission energy solutions in response to growing demand among industrial as well as road and maritime transport customers.
The turn of the year saw the opening up of the Finnish
Key financial indicators January 1 to December 31, 2019*· The Gasum Group’s revenue was down 4.2% year on year, totaling €1,127.6 million (1–12/2018: €1,177.4 million) · The Group’s operating profit totaled €141.4 million, up 13.9% year on year (€124.2 million). · Capital expenditure increased the balance sheet total to €1,648.3 million (December 31, 2018: €1,526.6 million). · The Gasum Group’s financial position remained strong in the reporting period, with the equity ratio being 44.7% (December 31, 2018: 43.7%).
KEY FIGURES*
€ million 2019