The January–June 2022 revenue increased and operating result improved compared to previous year.
April–June 2022
- Revenue was
EUR 27.3 million (18.6), representing a change of 46.6% - Operating result was
EUR 0.1 million (-2.0) - Operating profit per revenue was 0.3% (-10.6%)
- The result for the period was
EUR -0.3 million (-2.1) - Earnings per share amounted to
EUR -0.06 (-0.46)
January–June 2022
- Revenue was
EUR 54.3 million (38.5), representing a change of 41.1% - Comparable operating result was
EUR 0.2 million (-3.5) - Operating result was
EUR 0.2 million (-4.0) - Operating profit per revenue was 0.3% (-10.3%)
- The result for the period was
EUR -0.3 million (-4.4) - Earnings per share amounted to
EUR -0.07 (-0.98)
Outlook
Outlook for 2022
Key figures, EUR million
2022 | 2021 | Change | 2022 | 2021 | Change | 2021 | |
4-6 | 4-6 | % | 1-6 | 1-6 | % | 1-12 | |
Revenue | 27.3 | 18.6 | 46.6 % | 54.3 | 38.5 | 41.1 % | 91.9 |
Operating result | 0.1 | -2.0 | 0.2 | -4.0 | -1.3 | ||
Operating result % | 0.3 % | -10.6 % | 0.3 % | -10.3 % | -1.4 % | ||
Result Before taxes | -0.2 | -2.1 | -0.3 | -4.5 | -2.3 | ||
Result for the period | -0.3 | -2.1 | -0.3 | -4.4 | -2.4 | ||
Earnings/share, EUR | -0.06 | -0.46 | -0.07 | -0.98 | -0.53 | ||
Return on investment % | 2.1 | -31.2 | 2.3 | -31.9 | -4.7 | ||
Return on equity % | -9.5 | -83.0 | -5.5 | -88.3 | -21.3 | ||
Equity ratio % | 21.2 | 20.4 | 4.0 % | 22.2 | |||
Gearing % | 84.0 | 81.6 | 3.0 % | 74.8 |
“Second quarter this year was still defined by war in
Development where our new orders increased compared to same period last time continued in all main markets also in the second quarter of this year.
Our operating result improved significantly also in the second quarter compared to the same period last year and was
I am pleased that we again achieved a positive operating result, which was the fourth consecutive quarter after a long period of loss making years. Operating result clearly is still not on satsifactory level, but it gives us possibility in the future to focus even more on creating profitable growth.
War in
We believe that working environments will permanently change in the future. The coronavirus pandemic has accelerated the process of changing the way we work. The office is just one of the many places where we work from, and for some of us the amount of remote work will increase for good. This will increase the demand for multipurpose working spaces and the need to invest in remote working conditions. We will continue, together with our customers, to be a forerunner in creating user centric working environments, which will improve user experience, efficiency and innovation capabilities, as well as lower the overall costs. We will meet our customers needs for increased flexibility in workplace with our WaaS concept, which we have piloted and actively developed further during the last winter. Interest towards our concept has been encouraging and we expect it to have a positive impact on our business.”
Market situation
Gradual removal of restrictions caused by corona pandemic has impacted positively to Martela’s market environment. Simultaneously war in
BRIEFING
A briefing will not be held, but additional information can be asked by telephone from CEO
Board of Directors
CEO
Further information
Distribution
Nasdaq OMX Helsinki
Key news media
www.martela.com
Our strategic direction is defined by our mission “Better working” and our vision “People-centric workplaces”.
Attachment
- 2022_0812 Q2 Half Year Report
© OMX, source