VTT result for the financial year 2018: Impact and positive financial development
The year 2018 was a successful one for VTT particularly in terms of the impact of research and customer operations. The financial situation also improved, even though the comparable operating result showed a slight loss. In the 2018 financial year, the net turnover of the VTT parent company increased by 4.3% but that of the VTT Group declined due to the divestment of subsidiaries. For the same reason, the result for the financial year showed a profit for both the parent company and the Group (parent company EUR 15.5 million, Group EUR 13.5 million). “VTT had a successful year. We