KWH's Annual Review 2019

A family-owned growth company

Group President Kjell Antus:

A good foundation for future growth

We set some challenging growth targets ahead of 2019. Considering the development of the world economy during the year, we can be satisfied to have achieved growth of 2%.

Investments during the year were a record EUR 135 million (of which EUR 34 million is caused by IFRS16). 2019 was a year in which we grasped many new business opportunities and built the foundation for good growth in the years to come.

Turnover

Personnel

Key figures

512

Turnover MEUR

135

Investments MEUR

2 363

Personnel

45

Profit MEUR

10,1%

Return on Investment

78%

Equity Ratio

Mirka

Investments in sanding machines and a new digital platform

The construction of the new digital platform is a huge project that will take Mirka far into the future. The platform should support the entire customer journey.

KWH Logistics

Record investments

The new investments consolidate KWH Logistics’ position as the Finnish port operator with by far the highest geographical coverage.

Prevex

Focus on sustainable energy and more efficient management

Prevex took a huge step forward when the factory in Nykarleby, Finland, switched to using 100% renewable energy.