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July 06, 2015 9:24 PM ET

Building Products

Company Overview of GS-Hydro Oy

Company Overview

GS-Hydro Oy manufactures and supplies non-welded piping systems and components for hydraulic and other low/high pressure applications worldwide. It offers flare flange and retain ring systems; and tubes and pipes, multicore tubes, clamps, valves, bite type fittings, flare fittings, hoses and couplings, adaptors, and machines. The company also provides engineering, prefabrication, on-site, installation, testing, supervising, and documentation services. It serves offshore and marine industries; and land-based industries such as pulp/paper, metals/mining, and testing equipment industries through distributors and agents worldwide. The company was founded in 1974 and is based in Espoo, Finland wi...

Upseerinkatu 3A

Espoo,  02600

Finland

Founded in 1974

Phone:

358 3 656 41

Fax:

358 3653 2998

Key Executives for GS-Hydro Oy

Chief Executive Officer and President
Age: 51
Managing Director of GS-Hydro Brazil
Managing Director of GS-Hydro UK
Managing Director of GS-Hydro Benelux
Managing Director of Norway
Compensation as of Fiscal Year 2015.

GS-Hydro Oy Key Developments

GS-Hydro Announces Earnings Results for the First Quarter Ended March 31, 2015

GS-Hydro announced earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of SEK 320 million against SEK 285 million a year ago. EBITA was SEK 8 million against SEK 12 million a year ago. Adjusted EBITA was SEK 10 million against SEK 12 million a year ago. Good development in both the marine and land-based customer segments but continued weak trend within the offshore segment. Weak development in Norway had negative impact on earnings and efficiency improvement measures have been initiated. Profit before tax was SEK 4 million compared to SEK 7 million a year ago. Interest-bearing net debt at March 31, 2015 was SEK 384 million.

GS-Hydro Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

GS-Hydro announced earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net sales of SEK 352 million against SEK 320 million a year ago. EBITA was SEK 28 million against SEK 16 million a year ago. Adjusted EBITA was SEK 28 million against SEK 16 million a year ago. For the year, the company reported net sales of SEK 1,315 million against SEK 1,237 million a year ago. EBITA was SEK 100 million against SEK 83 million a year ago. Adjusted EBITA was SEK 103 million against SEK 83 million a year ago. Loss before tax was SEK 6 million against SEK 13 million a year ago.

GS-Hydro Oy Moves Corporate Headquarters

GS-Hydro Oy announced that it corporate headquarters has moved to a new address in Finland. The new address is: GS-Hydro Oy, Bertel Jungin aukio 7, FI-02600 Espoo, Finland.

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