Five years in figures

    2020 2019 2018 2017 2016
Net sales EUR million 1,116.2 1,090.4 1,118.5 1,185.5 1,204.6
   of which outside Finland EUR million 1,021.9 977.5 1,006.6 1,073.1 1,102.0
   in percent of net sales    % 91.5 89.6 90.0 90.5 81.1
   export from Finland EUR million 20.1 20.2 19.5 22.8 24.3
Percentage change of net sales    % 2.4 -2.5 -5.6 -1.6 8.8
Gross profit EUR million 452.0 447.3 485.1 512.2 502.9
   in percent of net sales    % 40.5 41.0 43.4 43.2 41.7
EBITA* EUR million 125.8 72.9 112.5 113.2 96.7
   in percent of net sales    % 11.3 6.7 10.1 9.5 8.0
Comparable EBITA* EUR million 136.8 90.6 121.7 119.0 107.1
Change in fair value of biological assets EUR million 0.7 -0.2 2.0 0.7 -0.5
Financial items net EUR million -8.9 3.4 9.4 119.3 10.5
   in percent of net sales    % -0.8 0.3 0.8 10.1 0.9
Profit before taxes EUR million 89.8 63.2 103.0 217.8 92.8
   in percent of net sales    % 8.0 5.8 9.2 18.4 7.7
Income tax EUR million -21.3 -10.8 21.1 -50.8 -27.4
Profit for the period attributable to the equity
holders of the company		 EUR million 67.6 51.7 81.6 166.4 64.1
   in percent of net sales    % 6.1 4.7 7.3 14.0 5.3
Non-controlling interests' share of profit EUR million 0.8 0.7 0.2 0.7 1.3
Employee benefits EUR million 262.9 311.9 307.9 315.3 337.1
Depreciation, amortization and impairment EUR million 76.1 59.6 43.8 38.8 37.4
   in percent of net sales    % 6.8 5.5 3.9 3.3 3.1
Cash flow from operating activities EUR million 199.2 96.5 105.9 103.8 83.8
Capital expenditure EUR million 30.0 40.0 46.2 32.8 37.6
   in percent of net sales    % 2.7 3.7 4.1 2.8 3.1
Research and development costs in income statement EUR million 16.5 18.4 18.4 18.8 18.0
   in percent of net sales    % 1.5 1.7 1.6 1.6 1.5
Capitalized development costs EUR million 0.0 0.0 0.0 0.0 0.0
Equity attributable to equity holders of the company EUR million 757.8 760.9 1,207.0 1,269.4 1,218.1
Non-controlling interest EUR million 3.8 3.6 2.7 2.8 1.9
Equity total EUR million 761.6 764.5 1,209.7 1,272.1 1,220.1
Net interest-bearing debt EUR million 143.7 261.1 135.4 147.7 152.4
Working capital EUR million 134.2 194.4 197.0 195.9 217.8
Balance sheet total EUR million 1,342.0 1,364.3 1,719.2 1,837.9 1,760.1
Return on investment    % 9.9 6.0 7.9 15.4 6.8
Return on equity    % 9.0 5.3 6.6 13.4 5.4
Equity ratio    % 56.8 56.0 70.4 69.3 69.3
Net gearing    % 18.9 34.2 11.2 11.6 12.5
Personnel (FTE), average   6,104 6,840 7,304 7,709 8,000
Personnel, end of period   6,411 6,984 7,706 7,932 8,560
   of which outside Finland   5,348 5,852 6,581 6,806 7,336