Solteq Plc's Financial Statements Bulletin January 1 - December 31, 2020 - Seite 3

2,579

124.1

Profit for the financial period, TEUR

622

2,049

-69.6

1,980

2,803

-29.4

Earnings per share, EUR

0.03

0.11

-69.6

0.10

0.15

-29.4

Operating profit, %

10.9

21.2

8.9

9.8

Comparable operating profit, %

12.4

5.8

9.6

4.7

Equity ratio, %

35.5

32.0

CEO Olli Väätäinen: Company performed very well in a changed market situation

Solteq Group's comparable revenue grew clearly and the improvement in profit was significant. Solteq Group's comparable revenue was EUR 60.5 million - when the absence of the SAP ERP business is taken into account - up by 9.3 percent. The Group's comparable operating profit was EUR 5.8 million, up by 124.1 percent year-on-year. The comparable operating profit margin was 9.6 percent. The company's comparable EBITDA increased by 64.2 percent year-on-year to EUR 10.8 million. Solteq Group's comparable EBITDA margin was 17.9 percent.