Financial statements

In 2018, consolidated turnover decreased by a total of 0.2 percent to MEUR 315.9 (MEUR 316.5 in 2017). Consolidated profit was MEUR 15.6 (MEUR 15.8 in 2017). Total profit for 2018 was 4.9 percent of turnover (5.0 percent in 2017).

As a Finnish family company, Berner aims at balanced long-term operation and steady growth. The Group’s solvency and liquidity remained at an excellent level in 2018. The equity ratio was 73.8 percent (74.5 percent in 2017) and the current ratio 3.5 (3.6 in 2017). Return on invested capital was 11.7 percent (12.9 percent in 2017).

In 2018, the Group had an average of 495 employees (521 in 2017), of whom 49 worked in Sweden (50 in 2017) and 74 in the Baltic countries (86 in 2017).

Share of profit: In 2018, Berner Ltd had 360 employees, of whom 286 receive a share of the profit. The share of profit paid based on the result for 2018 was, on average, 4.0 percent of the annual income of each employee entitled to this share.

Turnover, MEUR

315,9

Equity ratio, %

73,8 %

Personnel (average)

495

Return on invested capital, %

11,7 %

Operating profit, MEUR

15,6

Operating profit, %

4,94 %