Financial responsibility
The most relevant aspect of our corporate responsibility, from the perspective of our stakehold-ers as well as our business, is sustainable financial growth. We continued to produce a strong financial result in 2016. Our revenue was EUR 183.9 million, up 30.3 per cent from 2015, and our operating profit was EUR 10.1 (8.6) million. We pay taxes on our profits in all of the countries we operate in.
Economic impacts 2016
| 1,000 EUR | 2014 | 2015 | 2016 |
|---|---|---|---|
| Direct taxes | 1,020 | 1,744 | 1,838 |
| Wages and salaries | 94,367 | 101,452 | 129,172 |
| Dividends | 2,981 | 3,046 | 3,963* |
| Financial expenses | 1,082 | 1,251 | 1,245 |
Etteplan's growth strategy
Cornerstones of our strategy
The four cornerstones of Etteplan’s strategy are customer focus, service solutions, one Etteplan and engineering methods. Read moreCompetitive 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 moreVision and values
Read moreStrategic and financial targets
Etteplan updated its strateegic and financial targets in December 2016. The targets for growth and profitability remained unchanged. Read moreAcquisitions
In acquisitions, which play a key role in our strategy, our focus is on increasing our competence capital and geographical expansion. Read moreHistory
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.
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.