Tesi in 2016: Record-high investment volumes and a good operational result
Financial year 2016 was extremely brisk in terms of Tesi’s new investments, the activity level of Tesi’s international co-investors in Finland as well as in terms of portfolio companies’ growth figures. Tesi made new investments amounting to €165m. In addition, Tesi’s international partners invested almost €160m in Finnish companies. Direct portfolio companies continued to grow strongly, increasing their net sales by 17% on average. Profit for the financial year was €45m, boosted by favourable market conditions, active portfolio management and numerous exits.President & CEO Martin Backman: