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    VALOE   FI0009006951

VALOE OYJ

(VALOE)
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Supplement to Valoe's Stock Exchange Release Disclosed on 22 April 2021: Valoe's Annual Report and Corporate Governance Statement Has Been Disclosed

06/07/2021 | 09:00am EDT

Valoe Corporation        Stock Exchange Release        7 June 2021 at 16.00 Finnish time

SUPPLEMENT TO VALOE’S STOCK EXCHANGE RELEASE DISCLOSED ON 22 APRIL 2021: VALOE’S ANNUAL REPORT AND CORPORATE GOVERNANCE STATEMENT HAS BEEN DISCLOSED

Valoe Corporation completes the company’s stock exchange release disclosed on 22 April 2021 with a pdf file: Remuneration Report 2020.
The remuneration report for governing bodies 2020 is attached to this release and available on the company's website at www.valoe.com.

Valoe Corporation's Annual Report 2020 has been disclosed. The Annual Report is available in Finnish and in English on the company’s website at www.valoe.com.

The Annual Report includes the Report of the Board of Directors, the Financial Statements, the Auditor’s Report and the Corporate Governance Statement.

The Corporate Governance Statement can also be found on the company's website at www.valoe.com.

In Mikkeli 7 June 2021

Valoe Corporation
Board of Directors

For more information:
Iikka Savisalo, President and CEO, Valoe Corporation
Tel. +358 40 521 6082, email: iikka.savisalo@valoe.com

Distribution:
NASDAQ OMX, Helsinki
Main media
www.valoe.com

Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides automated production technology for solar modules based on the company’s own technology; production lines for modules; solar modules and special components for solar modules. Valoe's head office is located in Mikkeli, Finland.

Attachments

  • Valoe Annual Report 2020
  • Remuneration Report 2020

© OMX, source GlobeNewswire - EU Press Releases

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Financials
Sales 2020 1,62 M 1,93 M 1,93 M
Net income 2020 -4,92 M -5,85 M -5,85 M
Net Debt 2020 14,0 M 16,7 M 16,7 M
P/E ratio 2020 -2,13x
Yield 2020 -
Capitalization 27,3 M 32,4 M 32,4 M
EV / Sales 2019 74,2x
EV / Sales 2020 17,8x
Nbr of Employees -
Free-Float 56,3%
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Managers and Directors
Iikka Tuomas Savisalo President, Chief Executive Officer & Director
Seija Kurki Chief Financial Officer & Head-Accounting
Hannu Antero Savisalo Chairman
Tuukka Johannes Savisalo Chief Technology Officer, Head-R&D
Ville Parpola Vice Chairman
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