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Last €0.47 EUR
Change Today +0.019 / 4.21%
Volume 14.0K
WAT1V On Other Exchanges
As of 11:29 AM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

vaahto group oyj (WAT1V) Snapshot

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02/9/15 - €0.76
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vaahto group oyj (WAT1V) Details

Vaahto Group Plc Oyj, a technology company, operates in the fields of paper-making technology and process technology for process industry worldwide. It operates through two segments, Vaahto Paper Technology and Vaahto Process Technology. The Vaahto Paper Technology segment offers products and services, such as paper and cardboard machines and their rebuilds, as well as rolls, roll coating, and roll servicing. This segment also provides custom engineering and contract manufacturing services primarily for long welded and machined axially symmetric parts. The Vaahto Process Technology segment manufactures pressure vessels, agitators and mixing machinery, reactors, columns, and heat exchangers. This segment also provides analysis and testing, assembly and commissioning, and maintenance and spare part services for customers in the food processing, biotech and pharmaceuticals, environmental, and chemical industries. Vaahto Group Plc Oyj was founded in 1874 and is based in Lahti, Finland.

Founded in 1874

vaahto group oyj (WAT1V) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: €178.0K
Compensation as of Fiscal Year 2013.

vaahto group oyj (WAT1V) Key Developments

Vaahto Group Plc Oyj Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Vaahto Group Plc Oyj reported audited consolidated earnings results for the year ended December 31, 2014. Turnover from continuing operations during the fiscal period ended in December 2014 was €20.3 million compared to €32.2 million a year ago. Operating loss was €1.5 million compared to operating profit of €1.4 million a year ago. Turnover and operative result decreased compared to previous year. Decrease is due to general market situation continuing challenging. Profit before taxes was €426,000 compared to €1,448,000 a year ago. Profit for the year from the continuing operations was €349,000 compared to €862,000 a year ago. Loss for the year was €3,309,000 or €0.60 per diluted share compared to €4 090,000 or €1.03 per diluted share a year ago. The cash flow from the Group’s business operations was €1.5 million compared to cash used in Group’s business operations of €2.4 million a year ago. The Group’s capital expenditure during the period under review came to €0.3 million compared to €0.9 million a year ago.

Vaahto Group Announces Address Changes

The Board of Directors of Vaahto Group has decided to move operations of headquarters from Lahti to Japrotek Oy Ab’s office in Pietarsaari by 30 August 2015. This is a part of Vaahto Group’s program for adjusting operations and costs which aims to reduce company’s annual costs of operations over EUR 0.8 million.

Vaahto Group plc Oyj to Report 12 Months Period Ending Dec 31, 2014 Results on Feb 27, 2015

Vaahto Group plc Oyj announced that they will report 12 months, period ending Dec 31, 2014 results on Feb 27, 2015


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