mirka

mirka

Mirka LTD

is a world leader in surface finishing technology and offers a broad range of groundbreaking sanding solutions for the surface finishing and precision industry. Our vision is to reach a market position, where customers and stakeholders see us as a market leader and a highly responsible company that drives innovation in our core business sectors. The operation focuses on our customers’ needs and on close co-operation with our customers. Thanks to continuous development and our global sales network, we can serve our customers by offering them a broad product range, which includes high-quality sanding and polishing products as well as innovative tools.


Our business units serve the automotive, wood and marine industries. Mirka’s products and solutions also serve the construction and decoration sectors, as well as the composites industry. Our newest innovations also provide solutions for precision industries in the form of diamond and boron nitride tools, as well as microfinishing film products.


2017 was a historic year for Mirka. The year was noteworthy for strong growth and organizational change, as well as a new business unit which began through a corporate acquisition. The success of the year was also reflected in profit growth and increased market shares. Over the past year, Mirka’s strong global presence has led to a record performance. In 2017, we implemented the largest organizational change in our history, and achieved record growth. In addition, we launched new business areas.


In 2018, our focus will be on further developing our operations in line with the new structure. The global market situation is stable, but it is exposed to rapid change. In addition, Asia’s role in world trade is constantly increasing. In 2018, we will launch several new solutions for the precision and surface finishing industries. The growth forecast is strong, and our aim is to identify new synergies between traditional and new business segments.

Record year and new business units

 

Organizational change ensures rapid growth

 

The acquisition of CAFRO S.p.A opens new opportunities and broadens the product range

Mirka 2017 2016 2015 2014 2013
Turnover, EUR million 271,4 239,7 233,3 206,2 190,2
Change, % 13 3 13 8 8
Exports and foreign operations, % 97 96 96 96 96
Share of group turnover, % 58 61 64 57 56
Investments, EUR million 25,3 16,8 20,1 12,3 21,8
Personnel 1223 1108 1096 1072 995
300
200
100
2013
2014
2015
2016
2017

Turnover M€

Finland
Exports
and foreign operations
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SHARE OF
TURNOVER
1500
1000
500
2013
2014
2015
2016
2017

Personnel

Finland
Abroad
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SHARE OF
PERSONNEL
30
20
10
2013
2014
2015
2016
2017

Investments M€

Investments M€
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SHARE OF
CAPITAL EMPLOYED