21/04/2017 13:00:00

Lassila & Tikanoja plc changes the scheme of the income statement presented in interim reports, half-year reports and financial statements

Related content
02 Aug - 
Lassila & Tikanoja plc: Half-Year Report 1 January – 30..
19 Jul - 
Lassila & Tikanoja plc will publish Half-Year Report Ja..
04 Jul - 
Lassila & Tikanoja plc: Announcement of a change in sha..

Lassila & Tikanoja plc

Stock exchange release

21 April 2017 at 3:00 pm

Starting from its interim report for the period 1 January–31 March 2017, Lassila & Tikanoja plc will start reporting its results through an income statement categorised by expense type. Previously, the company has used an income statement categorised by operation type in its reporting. The change has no impact on the Group's segment reporting.

According to the new income statement scheme, the cumulative quarterly comparison information categorised by expense type for 2016 are as follows:

EUR million

1–3/2016

1–6/2016

1–9/2016

1–12/2016

 

 

 

 

 

Net sales

160.7

327.5

493.5

661.8

 

 

 

 

 

Other operating income

0.9

2.6

3.2

4.8

Change of inventory

-0.1

1.3

2.4

1.1

 

 

 

 

 

Materials and services

-50.3

-100.7

-151.7

-206.3

Employee benefit expenses

-71.6

-144.8

-211.2

-280.8

Other operating expenses

-22.9

-45.6

-67.3

-91.4

Depreciation, amortisation and impairment

-9.9

-19.4

-29.0

-38.8

 

 

 

 

 

Operating profit

6.8

20.9

39.9

50.5

 

 

 

 

 

Financial income and expenses

0.1

-0.1

-0.5

-0.4

 

 

 

 

 

Profit before tax

6.9

20.8

39.4

50.1

 

 

 

 

 

Income taxes

-1.4

-0.8

-4.5

-6.7

 

 

 

 

 

Profit for the period

5.5

20.0

34.9

43.4

 

 

 

 

 

Attributable to:

 

 

 

 

Equity holders of the company

5.5

20.0

34.9

43.4

Non-controlling interest

0.0

0.0

0.0

0.0

 

According to the earlier reporting practice, the cumulative quarterly comparison information categorised by operation type for 2016 are as follows:

 

EUR million

1–3/2016

1–6/2016

1–9/2016

1–12/2016

 

 

 

 

 

Net sales

160.7

327.5

493.5

661.8

 

 

 

 

 

Cost of sales

-147.7

-294.7

-435.8

-586.8

 

 

 

 

 

Gross profit

12.9

32.8

57.7

75.0

 

 

 

 

 

Other operating income

0.9

2.6

3.2

4.8

Sales and marketing expenses

-3.4

-6.7

-9.3

-12.5

Administrative expenses

-3.0

-6.8

-10.0

-15.1

Other operating expenses

-0.6

-1.0

-1.6

-1.8

 

 

 

 

 

Operating profit

6.8

20.9

39.9

50.5

 

 

 

 

 

Financial income

0.4

0.8

0.9

1.6

Financial expenses

-0.3

-0.9

-1.4

-2.0

 

 

 

 

 

Profit before tax

6.9

20.8

39.4

50.1

 

 

 

 

 

Income taxes

-1.4

-0.8

-4.5

-6.7

 

 

 

 

 

Profit for the period

5.5

20.0

34.9

43.4

 

 

 

 

 

Attributable to:

 

 

 

 

Equity holders of the company

5.5

20.0

34.9

43.4

Non-controlling interest

0.0

0.0

0.0

0.0

 

LASSILA & TIKANOJA PLC

Pekka Ojanpää

President and CEO

For additional information, please contact

Timo Leinonen, CFO, tel. +358 400 793 073

Lassila & Tikanoja is a service company that is transforming the consumer society into an efficient recycling society. In co-operation with our customers we are reducing waste volumes, extending the useful lives of properties, recovering materials and decreasing the use of raw materials and energy. We help our customers to focus on their core business and to save the environment. Together, we create well-being and jobs. With operations in Finland, Sweden and Russia, L&T employs 8,000 persons. Net sales in 2016 amounted to EUR 661.8 million. L&T is listed on Nasdaq Helsinki.

Distribution:

Nasdaq Helsinki

Major media

www.lassila-tikanoja.com

 

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

Majedie Asset Management Ltd : Form 8.3 - TESCO PLC

18/08/2017 15:36:47
FORM 8.3   PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code")   1.         KEY INFORMATION   (a) Full name of discloser: ..

Alliance Trust PLC : Net Asset Value(s)

18/08/2017 12:56:57
ALLIANCE TRUST PLC                                    At the close of business on Thursday 17 August 2017: The Company's NAV per ordinary share, valued on a bid price basis with Debt at Par, was -       excluding income, 761.7p -       including income, 771.7p  The Company's NAV per ordinary share, valued on a bid price basis with Debt at Fair Value, was -       excluding inc..

Form 8.5 (EPT/RI) - Tesco plc

18/08/2017 08:17:38
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY 1.         KEY INFORMATION (a) Name of exempt principal trader:   Investec Bank plc   (b) Name of offeror/offeree in relation to whose relevant se..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
SHAREHOLDER ALERT:  Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in B Communications Ltd. of Class Action Lawsuit and Upcoming Deadline – BCOM
2
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Tableau Software, Inc. of Class Action Lawsuit and Upcoming Deadline – DATA
3
AIR FRANCE - KLM: Availability of the prospectus relating to the capital increases reserved to China Eastern Airlines and Delta Air Lines
4
85th National Convention of the Military Order of the Purple Heart in Dallas, Texas Concludes with Election of Patriot Neil Van Ess as National Commander
5
Carahsoft Listed on the Inc. 5000 List for the Tenth Consecutive Year

Related stock quotes

Lassila & Tikanoja PLC 18.87 0.0% Stock price unchanged

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2017   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
19 August 2017 04:44:32
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20170808.1 - EUROWEB1 - 2017-08-19 05:44:32 - 2017-08-19 04:44:32 - 1000 - Website: OKAY