Oras Invest in brief

Oras Invest is a family-owned company with over 70 years of industrial entrepreneurship tradition. Its current industrial holdings are Oras Group, Uponor, Kemira and Tikkurila. At the end of 2017 the net asset value of Oras Invest totaled EUR 892 million.

Aggregate key figures 2017

Net sales
EUR 4.5 billion

People
13,283

Operating in
40 countries

Oras Invest key figures 2017

Net profit, EUR million 33.0 (28.7)

Shareholders’ equity, EUR million 592.6 (562.1)

Balance sheet total, EUR million 637.9 (630.1)

Equity-to-assets ratio 93% (89%)

Gearing 6% (12%)

Net asset value (NAV)*, EUR million 892 (945)

Total shareholder return (TSR) –5% (19%)

Loan-to-value ratio 5% (7%*)

*NAV= Market value of Uponor, Tikkurila and Kemira on December 31, 2018 Oras Group EBITDA × 8 – net debt


Industrial ownership

Purpose

Oras Invest focuses its ownership on industrial companies, which operate in the building and water industries. We develop our companies through active Board work and close cooperation with the management and other owners. Our aim is to create long-term sustainable value, which we measure by the development of our net asset value.

Vision

Oras Invest is and will remain in family ownership. We aspire to be the best owner of selected industrial companies, with long-term commitment. The companies under our ownership are the best long-term performers in their industries. They attract the most competent people and a committed owner base.

Taking the long view, with sustainable values

By COMMITMENT we express our long-term commitment to our companies and stakeholders; and to our family.

By VITALITY we demonstrate our aim to develop the business by seeking re-generation and innovative ownership ideas.

By ENDURANCE we state that there is continuity and competence in our work and we are driven by sustainable value creation.

OWNERSHIP cannot be claimed without an open and honest approach, respect for work and fair play. The responsibilities of
ownership are greater than its priviledges.

An active owner’s strategy

Committed ownership, long-term development and value growth are permanent factors of our strategy. We look beyond economic trends and work in close cooperation with the other owners, Boards, management and all interest groups.


People

President and CEO
Annika Paasikivi
b. 1975, Finnish citizen, M.Sc. (Global Politics)

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CIO
Ville Kivelä
b. 1975, Finnish citizen, M.Sc. (Econ.)

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CFO
Tuula Ylhäinen
b. 1955, Finnish citizen, M.Sc. (Econ)

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Executive Assistant
Anniina Myllyperkiö
b. 1978, Finnish citizen, BBA

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Board of Directors

Media

Press Releases

Financial Statements

Download English Financial Statements 2017 (PDF 828.5 KB)
Download Finnish Tilinpäätös 2017 (PDF 820.0 KB)

Annual Review archive

Downloads

The logo and pictures may be used only for media purposes. For other use, please contact
anniina.myllyperkio@orasinvest.fi
or tel.+358 50 597 0039.

 

Oras Invest logo (RGB large)

Oras Invest logo (RGB small)

Oras Invest logo (CMYK, vector)


Contact us

Office in Helsinki:
Oras Invest Ltd
Fabianinkatu 14 A, 4th floor
00100 Helsinki, Finland
Location on map

Oras Invest Ltd
Isometsäntie 2, 26101 Rauma, Finland
Tel.+358 (0)10 2868 100
www.orasinvest.fi
Location on map


Annika Paasikivi
CEO

Ville Kivelä
CIO

Tuula Ylhäinen
CFO

Anniina Myllyperkiö
Executive Assistant