Orion Group Financial Statement Release for 2020

ORION CORPORATION FINANCIAL STATEMENT RELEASE 2020 9 FEBRUARY 2021 at 12:00 Orion Group Financial Statement Release for 2020This is a summary or Orion’s Financial Statement Release for 2020. The complete report is attached to this stock exchange release and is available at https://www.orion.fi/en/Orion-group/investors/financial-reviews-and-presentations/
Net sales totalled EUR 1,078 million (EUR 1,051 million in 2019).Operating profit was EUR 280 (253) million.Net sales and operating profit include milestone payments amounting to EUR 42 (51) million.Profit before taxes was EUR 278 (251) million.Equity ratio was 67% (77%).ROCE before taxes was 35% (30%).ROE after taxes was 29% (26%).Basic earnings per share were EUR 1.56 (1.43).Cash flow per share before financial items was EUR 1.85 (1.68).The Board of Directors proposes payment of a dividend of EUR 1.50 (1.50) per share.Orion estimates that net sales in 2021 will be slightly lower than in 2020 (net sales in 2020 were EUR 1,078 million). Operating profit is estimated to be lower or clearly lower than in 2020 (operating profit in 2020 was EUR 280 million). KEY FIGURES