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 strategy

Etteplan story

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Purpose, vision and values

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Financial targets

Etteplan updated its strategic and financial targets in December 2019. The targets for growth and profitability remained unchanged. Read more


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

Operating environment


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. 

Events & webinars

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.

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


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Code of Conduct

We want our employees and partners to be proud to work with us, and we want to create well-being for all our stakeholders, based on our values of customer-orientation, proactiveness and attractiveness. This is why we have written this new Code of Conduct. Its purpose is to clearly present and communicate our common set of ethical values and business principles to all employees, stakeholders and partners, as well as to provide guidance in our daily business. Read more