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Etteplan Financial responsibility

Financial responsibility

Etteplan’s operations have significant economic impacts on many different stakeholders. We pay taxes, wages, dividends and financial expenses and we purchase products and services. Etteplan’s financial performance has been strong for several years now. In 2020 our revenue decreased due to the global pandemic and was EUR 260.0 million (263.3). Our operating profit (EBITA) improved and was EUR 26.2 million (26.0). Etteplan currently operates in eight countries. We are committed to complying with all local, national and international laws and regulations in the countries where we do business and provide services. We pay taxes on our profits in all of the countries that we operate in.

 

1,000 EUR

2020

2019

2018

Direct taxes

4,003

4,553

4,364

Wages and salaries

177,301

172,520

156,183

Purchases

23,317

26,550

21,822

Dividends

8,488*

8,682

7,454

Financial expenses

1,722

1,590

1,580

*The Board of Directors' proposal to the Annual General Meeting

 

Risk assessment

Etteplan assesses business risks annually. Based on this systematic risk assessment, we adjust our operations as necessary. A uniform group-wide risk management assessment that covers all risk categories has been conducted annually in connection with the strategy process since 2011. In the assessment, we focus particularly on monitoring changes in previously identified risks, identifying new business risks and developing proactive risk management.


Read more in Financial Review p.18