Financial responsibility Strong financial result Etteplan’s operations have significant economic impacts on many different stakeholders arising from the taxes, wages, dividends and financial expenses that we pay. Etteplan has achieved strong financial results for several years, and the Group’s revenue and operating profit continued to grow in 2018. Revenue increased by 10.1% to EUR 236.5 (214.8) million. Our operating profit was EUR 20.2 (15.5) million. We pay taxes on our profits in all of the countries that we operate in. 1,000 EUR 2018 2017 2016 Direct taxes 4,364 3,200 2,266 Wages and salaries 156,183 144,965 129,172 Dividends 7,489* 5,684 3,930 Financial expenses 1,580 1,277 1,245 *) The Board of Directors' dividend proposal, maximum Risk assessment Etteplan assesses business risks annually. Based on this systematic risk assessment, we adjust our operations as necessary. In the risk assessment conducted in 2018, the overall risk level was higher than in the previous year due to an increase in strategic and operational risks. Other risks remained at the same level as in 2017. Read more in Financial Review p.64 Etteplan's growth strategy Go to Etteplan's growth strategy Cornerstones of our strategy Competitive advantage Vision and values Strategic and financial targets Acquisitions Cornerstones of our strategy The four cornerstones of Etteplan’s strategy are customer focus, service solutions, one Etteplan and engineering methods. Read more Competitive advantage Our business model is based on Managed Services. Managed Services are packaged and productized solutions where the customer buys the results rather than temporary staff or working hours. Read more Vision and values Read more Strategic and financial targets Etteplan updated its strateegic and financial targets in December 2016. The targets for growth and profitability remained unchanged. Read more Acquisitions In acquisitions, which play a key role in our strategy, our focus is on increasing our competence capital and geographical expansion. Read more Board of Directors & Management Read more Operating environment Read more History Etteplan has set the standard in engineering design for 30 years. The company has been a pioneer in the development of engineering design and methods as well as new business models. Read more Events & webinars Read more Corporate responsibility At Etteplan, corporate responsibility is at the core of our day-to-day business as we design hundreds of sustainable solutions for the world’s leading machinery and equipment manufacturers every year. Our highly skilled personnel play a crucial role in fulfilling our customer promise. Go to corporate responsibility Personnel and social responsibility Environmental responsibility Quality Code of conduct Information security Personnel and social responsibility Personnel and leadership development, providing career opportunities and treating employees equally are at the core of Etteplan’s human resource management. Etteplan’s Code of Conduct is the foundation of the company’s human resource management. Read more Environmental responsibility The day-to-day work of Etteplan’s environmental management is based on the standards specified in the ISO 14001 environmental system. The goals of our environmental policy include minimizing the environmental impacts of our own operations, training our personnel to recognize the environmental impacts of their work, and helping our partners observe responsibility in environmental matters. Read more Quality Read more Code of conduct Etteplan acknowledges the importance of proper business conduct and good reputation being in its long-term interest as these create loyalty and trust in employees, shareholders, other stakeholders and the communities in which Etteplan operates. This is why we have written this Code of Conduct (“the Code”). The purpose of the Code is to present and communicate our common set of ethical values and business principles to all employees and stakeholders as well as to give internal guidance in our daily business. Etteplan encourages its suppliers and other business partners within its sphere of influence to adopt the principles of this Code. Read more Information security Read more
