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Martela
3331 investors follow this company
BUY 2.16 LOWEST 2.15 VOLUME 25
SELL 2.18 HIGHEST 2.15 VALUE 0,000 Milj. EUR

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Analyst

Joonas Korkiakoski

Joonas Korkiakoski

Analyytikko

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Tulevat tapahtumat

6
Nov
Osavuosikatsaukset

Company annual reports

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Net impact profile

Stock release
7.8.
2020

The January–June 2020 revenue decreased and operating result increased compared to previous year.

April–June 2020

  • Revenue was EUR 20.6 million (24.8), representing a change of -16.8 %
  • Operating result was EUR 0.0 million (-1.8)
  • Operating profit per revenue was 0.0 % (-7.1 %)
  • The result for the period was EUR 0.1 million (-1.9)
  • Earnings per share amounted to EUR 0.02 (-0.45)

January–June 2020

Stock release
28.7.
2020

Kristiina Hoppu, LL.M with court training, has been appointed as Chief People Officer and a member of Martela Group’s Management Team as of August 1, 2020. In her role Kristiina Hoppu reports to CEO Matti Rantaniemi. Kristiina Hoppu has been working in Martela as Director, People and Culture since 2019.

Kristiina Hoppu has previously held human resources management positions in internationally operating companies, such as CGI and Tecnomen.

Martela Corporation

Matti Rantaniemi
CEO

Distribution
NASDAQ Helsinki
Main news media

Stock release
22.5.
2020

Martela’s co-operation negotiations for lay-offs are completed. The co-operation negotiations concerned the whole Martela Group personnel in Finland. The scope and duration of lay-offs can vary by functions and regions, taking into account the business needs. The lay-offs can be implemented until the end of June 2021, if the market situation so requires.

Stock release
7.5.
2020

The January–March 2020 revenue and operating result decreased compared to previous year.

January–March 2020

  • Revenue was EUR 21.7 million (25.6), representing a change of -15.4 %
  • Operating result was EUR -2.8 million (-1.9)
  • Operating profit per revenue was -13.1 % (-7.4 %)
  • The result for the period was EUR -3.5 million (-2.0)
  • Earnings per share amounted to EUR -0.84 (-0.49)

Outlook

Outlook for 2020

Stock release
7.5.
2020

The coronavirus pandemic and the crisis it has brought has negatively impacted the market situation which has long remained uncertain, weakening the demand and profitability of Martela's business. For this reason, Martela will continue to adjust its operations to reduce the negative impact of the changed market environment on its business.

Stock release
7.5.
2020

Due to the expected negative impact of Corona pandemic to the revenue and operating results Martela estimates its revenue to decrease clearly and operating result to decrease in 2020. Visibility to the second half of the year is even lower than normally and we monitor the situation carefully and update our outlook if current situation changes.

Stock release
27.3.
2020

In its financial statements published on 7 February 2020, Martela Oyj estimated its turnover and operating result in 2020 to be slightly higher than in the previous year.

The company now estimates that the ongoing coronavirus pandemic has significantly weakened the outlook in all market areas, and it is highly unlikely that the company's earlier guidance will actualise.

Stock release
19.3.
2020

The negative impact of the coronavirus on the overall market conditions has been significant. For this reason, Martela is adjusting its operations to meet the rapidly changed circumstances and will temporarily lay off its personnel in Finland. The duration of the layoffs varies depending on the business area and work assignment, up to a maximum of 90 days. In addition to these layoffs Martela will adjust its operations also in other countries.

In addition to layoffs, Martela will continue to implement its previously announced EUR 4 million savings program and improve productivity.

Stock release
13.3.
2020

MARTELA CORPORATION     STOCK EXCHANGE RELEASE     March 13, 2020 


Stock release
13.3.
2020

Martela Corporation, Stock Exchange Release, March 13, 2020 at 16.30 p.m.


Martela Corporation's Annual General Meeting was held on Thursday, March 12, 2020. The Meeting approved the Financial Statements, discharged the members of the Board of Directors and CEO from liability for the year of 2019 and adopted Remuneration Policy for the Company’s governing bodies. The Board of Directors proposal that no dividend will be distributed was approved.

Martela

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Martela lyhyesti

Martela is one of the Nordic leaders specializing in user centric working and learning environments. We offer our customers a single point of contact for the entire workplace lifecycle - from specifying the space need to maintaining the workplace in a prime condition.