IN FOCUS

Q1 2022

  • • Strategy implementation well on track

  • • Net sales grew by 9.6% to EUR 210.4 million (192.0)

    • • Organic growth was 5.2%

  • • Adjusted operating profit was EUR 0.0 million (3.6)

    • • The cost impact of COVID-19 and fuel prices was EUR 5,2 million

  • • Higher fuel prices will be compensated Q2 onwards with price increases and cost savings implemented February-April

  • • Industrial services entered the Swedish process cleaning market through the acquisition of SVB

27 April 2022 2

NET SALES

9.6% (Organic growth 5.2%)

Group 1-3/2021

Environmental ServicesIndustrial ServicesFacility Services Finland Facility Services Sweden

Other

Group 1-3/2022

MEUR

Q1/22

Q1/21

Change% 2021

Environmental Services Industrial Services Facility Services Finland Facility Services Sweden L&T Group

87.3

76.2

14.6 320.5

23.1

19.6

17.5 105.1

68.3

61.2

11.6 243.1

32.9

36.2

-9.1 149.8

210.4

192.0

9.6 812.5

ADJUSTED OPERATING PROFIT

-99.9%

Industrial Services

Adjusted operating profit 1-3/2021

Environmental

Services

Environmental Services Industrial Services Facility Services Finland Facility Services Sweden Other

Adjusted operating profit

Facility Services Finland

Q1/22

-0.6

-0.2

-2.3

0.0

0.2

2.9

-0.6

-0.4

0.0

Facility

Adjusted

Other

Services

operating

Sweden

profit 1-3/2022

Change%

2021

-36.1

29.8

-6.0

9.2

-76.2

1.8

-146.6

3.9

-509.5

-2.2

-99.9

42.4

Q1/21 4.5

0.2

-1.3

0.4

-0.3

3.6

27 April 2022

OPERATING PROFIT BY DIVISION

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L&T - Lassila & Tikanoja Oyj published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 05:14:08 UTC.