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Financial responsibility

We implement our financial responsibility by reforming our business operations and improving our profitability in line with our strategy and by supporting the competitiveness of our customer companies and the public sector.

We are a state-owned company that operates on market terms, and our operations are entirely based on the revenue received from our customers. About half of our operations are related to postal services. The rest consist of logistics and financial management services provided to corporate customers.

Our financial responsibility management is described in more detail under Financial responsibility management.

Our financial targets are that our operating profit percentage exceeds 5%, return on invested capital is at least 10%, gearing does not exceed 35% and the annual net sales increases at least to an extent which corresponds to the sector's growth. We also intend to double our net sales in Russia by 2020.

The financial impact of our operations is comparable to those of the banking and telecommunications sectors, as our services are used by hundreds of thousands of private and public sector operators every day, in addition to consumers.

 

 

 

 
 

Financial impact in accordance with the income statement

*) Board of Directors' proposal
**) more information from the section Tax footprint

 


The geographical distribution of our employees in Finland on December 31, 2013