- Tecnotree 2019
- Corporate governance
- Board of Directors' Report
- Business description
- Sales and net sales
- Result analysis
- Financing, cash flow and balance sheet
- Shareholders' equity of parent company
- Segment information
- Geographical areas
- Personnel
- Share and price analysis
- Shareholders
- Current authorisations
- Restructuring proceedings
- Non-Financial Information (Bookkeeping Act 3a)
- Risks and short-term uncertainty factors
- Management, auditors and corporate governance
- Events after the end of period
- Prospects in 2020
- Proposal concerning the result
- Key financial indicators and key figures per share
- Calculation of key indicators
- Financial statements
Result analysis
Tecnotree’s net sales for the financial period were EUR 47.0 (41.9). The adjusted operating result was 13.0 (5.9) million and the operating result EUR 14.4 (5.3) million. The adjusted result for the period was EUR 6.3 million (0.1) and the result for the financial period was EUR 7.7 million (-0.5)
Tecnotree’s fourth quarter net sales were EUR 14.1 (12.1) million. The adjusted operating result was 4.1 (4.5) million and the operating result EUR 4.1 (4.0) million. The adjusted result was EUR 2.8 (1.7) and the result for the fourth quarter was EUR 2.8 million (1.1).
Financial items without currency differences and other one-time costs in financial items for the financial period were EUR -0.3 (-1.1) million and in the fourth quarter EUR 0.1 (-0.3) million. Exchange rate differences for the financial period were EUR -2.3 (0.3) million and in the fourth quarter EUR -0.8 (-0.3) million in the financial items. It is important to examine Tecnotree’s result without the impact of exchange rates, which is why this is shown separately in the table above.
Tecnotree reports its result as follows:
Financial income and expenses (net) during the financial period totalled a net loss of EUR 2.6 million (net loss of EUR 0.8 million). Here is a breakdown of these:
Taxes for the period totalled EUR 4.0 million (4.9) including the following items:
Earnings per share were EUR 0.03 (-0.00) in the financial period and EUR 0.01 (0.01) in the fourth quarter. Equity per share at the end of the period was EUR 0.01 (-0.04).
