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Article: Lemminkainen Corporation reports profit down 18.7% in 2002.(Brief Article)
- Article from:
- Nordic Business Report
- Article date:
- February 12, 2003
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NORDIC BUSINESS REPORT-12 February 2003-Lemminkainen Corporation reports profit down 18.7% in 2002(C)1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com
The Finnish construction company Lemminkainen Corporation reported today (12 February) an operating profit of EUR56.7m on net sales of EUR1.26bn for the financial year 2002.
Operating profit for the 12-month period decreased by 18.7% while net sales increased by 12.5%, as compared to the financial year 2001.
The net sales of the Paving and Mineral Aggregates division rose 10% to EUR359.6m while operating profit decreased to EUR30.8m from EUR36.6m.
The net sales of the Building Materials ...