Annual Report 2018 CONTENTS
Annual Report 2018 CONTENTS CEO’S REVIEW OPERATING 3 KEY FIGURES 7 10 ENVIRONMENT 14 STRATEGY AND MEGATRENDS 17 AIRPORTS 23 VALUE CREATION 18 HELSINKI AIRPORT 21 AIRPORT NETWORK ANNUAL REPORT 2018 2 Key figures CEO’s review Operating environment Strategy Airports 2018 Value creation Key figures ANNUAL REPORT 2018 3 Key figures CEO’s review Operating environment Strategy Airports 2018 Value creation Revenue by business area 2017–2018 (MEUR) Group’s key indicators 2018 2017 2016 280 2018 Revenue, EUR million 377.3 373.6 380.9 2017 Ivalo Operating profit without extraordinary items, EUR million 61.4 60.0 55.7 Enontekiö 242,457 26,063 15.1% 210 2.1% Kittilä 354,561 Operating profit without extraordinary items, % 16.3 16.1 14.5 9.1% Rovaniemi 140 Profit for the period, EUR million*** 45.3 37.7 28.3 644,144 11.2% Cash flow from operations, EUR million 99.3 105.7 97.7 Kemi-Tornio 66,800 70 -36.1% Cash flow-based investments, EUR million 239.5 181.8 182.8 Kuusamo Oulu 113,569 1,096,917 29.4% 18.8% Kajaani 0 Return on equity, %*** 7.0 6.2 4.8 88,815 Kokkola-Pietarsaari 1.6% 1. 2. 3. 4. 68,636 Return on investment, %*** 6.9 6.1 5.0 -14.0% Kuopio 245,682 Vaasa 4.4% 1. 2. 315,900 Jyväskylä Helsinki Airport Equity ratio, %*** 58.7 58.4 58.9 5.3% 72,083 Joensuu Airport Network 6.1% 121,554 Halli Savonlinna 1.5% Pori Tampere-Pirkkala 15 259.1 MEUR 66.6 MEUR Net debt, EUR million, %*** 300.3 295.7 228.2 10,757 17,625 228,096 -40% Change +9.50% Change +16.30% -13.3% -24.0% -0.8% Utti Total passenger volume, million 25.0 22.7 20.8 7 3.
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