Business description: Neste Oyj

Neste Oyj specializes in oil product refining and distribution. Net sales break down by activity as follows:

- production of renewable fuels (41.1%): owns 3 refineries located in Finland, Singapore and the Netherlands;

- production and sale of oil products (36.4%): fuels, fuel oils, heavy fuel oils, lubricants, solvents, liquefied petroleum gases and bitumen;

- distribution of oil products to end-users (22.5%): owns, at the end of 2025, a network of 921 service stations located in Finland, Estonia, Latvia and Lithuania.

Net sales are distributed geographically as follows: Finland (25.5%), Nordic countries (12.2%), Baltic countries (10.7%), Europe (31.8%), the United States (17.3%) and other (2.5%).

Number of employees: 4,844

Sales by Activity: Neste Oyj

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Oil Products

7.81B 14.6B 13.28B 11.83B 9.32B

Renewable Products

5.9B 9.9B 8.47B 7.32B 8.1B

Marketing & Services

3.8B 5.88B 5.17B 4.69B 4.31B

Others

170M 147M 100M 125M 166M

Eliminations

-2.53B -4.82B -4.09B -3.33B -2.88B

Geographical breakdown of sales: Neste Oyj

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Other European Countries

3.12B 5.13B 4.78B 4.24B 6.05B

Finland

4.88B 8.46B 6.52B 5.64B 4.86B

USA

- - - 6.24B 3.28B

Other Nordic Countries

2.6B 4.35B 3.28B 1.91B 2.31B

Baltic Rim

1.16B 1.85B 1.72B 1.76B 2.04B

Other Countries

162M 234M 205M 841M 465M

North and South America

3.23B 5.68B 6.44B - -

Executive Committee: Neste Oyj

Manager TitleAgeSince
Chief Executive Officer 64 2024-10-14
Director of Finance/CFO 53 2025-04-30
Chief Tech/Sci/R&D Officer - 2009-12-31
Chief Operating Officer 60 2024-10-27
Chief Tech/Sci/R&D Officer 62 2008-12-31

Composition of the Board of Directors: Neste Oyj

Director TitleAgeSince
Chairman 63 2025-03-24
Director/Board Member 69 2022-03-29
Director/Board Member 58 2024-03-26
Director/Board Member 58 2024-12-31
Director/Board Member 59 2024-12-31
Director/Board Member 66 2021-03-29
Director/Board Member 55 2020-05-17
Director/Board Member 69 2020-05-17
Director/Board Member 60 2024-03-26

Shareholders: Neste Oyj

NameEquities%Valuation
Government of Finland
44.22 %
340,107,618 44.22 % 8 723 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
2.591 %
19,926,508 2.591 % 511 M €
Keskinäinen Työeläkevakuutusyhtiö Varma
1.502 %
11,551,622 1.502 % 296 M €
Keskinäinen Työeläkevakuutusyhtiö Elo
1.467 %
11,284,000 1.467 % 289 M €
The Social Insurance Institution of Finland (Invt Port)
0.7931 %
6,100,272 0.7931 % 156 M €
NameEquities%Valuation
Vunani Fund Managers Pty Ltd.
0.00372 %
57,225 0.00372 % 733 911 €
PKB Private Bank SA
0.002082 %
32,030 0.002082 % 410 785 €
RhumbLine Advisers LP
0.001311 %
20,171 0.001311 % 258 693 €
GAMMA Investing LLC
0.000337 %
5,188 0.000337 % 66 536 €
Salomon & Ludwin LLC
0.000032 %
493 0.000032 % 6 323 €

Holdings: Neste Oyj

NameEquities%Valuation
936,999 0.12% 24 M $

Company details: Neste Oyj

Neste Corp.

Keilaranta 21

00095, Espoo

+358 10 45811

http://www.neste.com
address Neste Oyj(NESTE)

Group companies: Neste Oyj

NameCategory and Sector
Financial Conglomerates
Financial Conglomerates
NERM Solutions India Pvt Ltd.
Marine Shipping
Marine Shipping

Other Oil & Gas Refining and Marketing

Change 5d. change 1-year change 3-years change Capi.($)
+1.79%+18.32%+178.88%-43.26% 22.33B
+0.30%-0.85%+38.70%+37.49% 630B
+1.11%+0.78%+12.40%+16.23% 207B
-3.83%-10.38%+20.14%+9.39% 113B
+1.41%+4.45%+20.67%-10.66% 103B
-1.96%+0.19%+50.22%+64.05% 67.29B
-1.49%+9.77%+77.08%+69.19% 67.17B
-0.29%+7.54%+31.53%+67.11% 66.51B
+1.80%+11.64%+60.87%+73.05% 65.22B
-1.22%+0.67%+62.65%+127.70% 57.04B
Average -0.26%+4.83%+55.31%+41.03% 139.79B
Weighted average by Cap. -0.04%+1.42%+38.30%+36.80%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
25.06EUR
Average target price
21.32EUR
Spread / Average Target
-14.92%

Quarterly revenue - Rate of surprise