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The year 2016 was a year of growth for Solteq

In addition to new clients in Finland, the Nordics and global, M&A activities also boosted our growth.

Solteq’s revenue for 2016 increased to 63.0 million euro (54.2 million euro). The adjusted operating pro t amounted to 3.1 million euro (3.0 million euro). The revenue and the operating profit grew in the Digital Solutions segment. The segment focuses on solutions that improve customer experience in online business.

In spring 2016, we launched a new growth strategy focusing on digital commerce. We strengthened our position in the Nordics by acquiring Aponsa AB. We decided to make a growth investment in eCommerce and established a Magento competence center. The growth of the competence center was boosted by the acquisition of Pardco Group Oy.

We also grew by winning bids for client projects, which helped us expand to new markets, new business models and new technology.

 

Key figures:

2016 2015 Change %
Revenue (TEUR) 63 049 54 215 + 16,3 %
Operating profit (TEUR) 6 444 1 288 + 400,3 %
Adjusted operating result (TEUR) 3 114 2 990 + 4,1 %
Result for the financial year (TEUR) 4 612 102 + 4 421,6 %
Earnings per share (EUR) 0,26 0,01 + 2 500,0 %
Operating profit (%) 10,2 2,4
Adjusted operating profit (%) 4,9 5,5
Equity ratio (%) 33,5 24,4
Number of personnel, average 454 391 + 16,1 %

 

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