Reflections and Facts from 2024

Spring is moving forward, and the company’s figures for last year have now been presented to the owners.

I can confirm what has been reported in the news: the construction industry faced challenges, and those challenges continue.

For our part, we managed to maintain growth in revenue and achieve a reasonable result. During the financial year, we invested significantly in developing our operations and strengthening our resources so that we could identify projects that are suitable for us.

Those working in the industry will understand that this meant investing in cost calculation and significantly increasing the number of tenders submitted. This helps us ensure disciplined and responsible tendering over the long term.

We are particularly pleased with the figures reflecting a positive customer experience, strong occupational safety, employee satisfaction, and a solid equity ratio:

• Revenue: €17.8 million
• Profit for the financial year: €0.6 million
• Equity ratio: 62%
• Balance sheet total: €5.5 million
• Customer satisfaction: 4.3 / 5, based on 280 responses
• NPS: 55, based on 245 responses
• LTIF: 17, occupational accident frequency in 2024
• Employee satisfaction: 3.9 / 5
• eNPS: 57, survey conducted in October 2024

What an excellent team we have! Our salespeople, estimators, Regional Managers, customer service team, administration and marketing teams, site management, and, of course, the professionals carrying out the work. We must also recognise our excellent network of subcontractors.

Above all, none of this would have been possible without our wonderful customers who have placed their trust in us. Thank you!

Although I would not describe myself as a fan of Jannika B, Vesku Jokinen’s song Pyyntö, performed on the television programme Vain elämää, has become stuck in my head. In the song, a child sings, “I have just one request...” Everyone probably has their own. Ours is that the market would not take away every remaining margin.

We have strong confidence in the future and in our own work this year. Our goal is ambitious, but we are approaching it with humility. What achieving it will require this year remains to be seen. Fortunately, our order book is starting from a fairly good position.

From the desk of CEO Mika: feet firmly on the ground, eyes on the future.