Economic responsibility

Economic responsibility

In accordance with our operating principles, the emphasis of our economic responsibility is on strong solvency and profitable growth. Strong solvency and profitable growth enable the sustainable development of our business and the well-being of our personnel.

In 2018, consolidated turnover totalled MEUR 315.9 (MEUR 316.5 in 2017). Consolidated profit was MEUR 15.6 (MEUR 15.8). Total profit for 2018 was 4.9 percent of turnover (5.0 percent in 2017).

 

DISTRIBUTION OF ECONOMIC VALUE AND TAX FOOTPRINT

Throughout its existence, Berner has focused on investments in its home market in addition to international growth. Our operations generate economic well-being for several stakeholders. Suppliers, personnel, shareholders, and society all receive their share of the cash flow from Berner’s business operations. We pay our taxes locally in our operating countries Finland, Sweden, Estonia, Latvia and Lithuania.

(EUR 1000)
Parent company
(EUR 1000)
Group
Turnover, other operating income and financial income 231 328 317 613
Suppliers: Materials and services 157 198 227 810
Other partners: Other operating expenses and investments 38 264 45 266
Staff: Salaries and fees 18 937 24 110
Shareholders and financiers: Dividends and financial costs 7 569 7 662
Society: Taxes, pensions and social security costs 36 907 52 586

 

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