Ahlström Capital in brief
Ahlström Capital is a family-owned company that focuses its investment activity on industrial companies, real estate and forest. We are one of the largest and most significant investment companies in Finland with a long history of 170 years. Ahlström Capital creates long-term shareholder value by actively developing its portfolio.
Key figures 2020
Revenue and comparable operating profit, MEUR
Comparable operating profit * Adjusted
Profit for the period, MEUR
Impact from divestments and Ahlstrom-Munksjö merger * Adjusted
Balance sheet total, MEUR and net gearing, EFV-adjusted
Net gearing, EFV-adjusted * Adjusted
External fair value (EFV) per share and dividend per share, EUR
Dividend per share
Total dividend per share * Board's dividend proposal: A Dividend of EUR 0.48 per share will be paid in two equal instalments. The first instalment of EUR 0.24 per share will be paid in April 2021 and the second instalment of EUR 0.24 per share to be paid in October 2021. Number of shares was increased in 2017 (share issue without payment), comparative figures restated correspondingly.
”Our companies were successful in mitigating the negative effects of the corona pandemic and our portfolio proved to be notably resilient. We decided to accelerate the development of our biggest asset, Ahlstrom-Munksjö, by a public tender offer together with key partners. The deal flow in the real estate portfolio was active during 2020.”
Lasse Heinonen
President and CEO
Our portfolio
~ EUR 4.5 billion
revenue of portfolio companies, total
~14,600
employees in portfolio companies
30
operating countries
Listed companies
Ahlstrom-Munksjö is a global leader in fibre-based materials, supplying innovative and sustainable solutions to its customers. The company’s mission is to expand the role of fibre-based solutions for sustainable everyday life.
Comparable operating profit * Pro forma
Ahlström Capital’s shareholding
18.7%
Market capitalisation
2,081 MEUR
Detection Technology is a global provider of X-ray detector solutions for medical, security and industrial applications.
Comparable operating profit
Ahlström Capital’s shareholding
36.7%
Market capitalisation
343 MEUR
Glaston is the glass processing industry’s innovative technology leader supplying equipment, services and solutions to the architectural, automotive, solar and appliance industries.
Comparable operating profit
* Pro forma
Ahlström Capital’s shareholding
26.4%
Market capitalisation
75 MEUR
Suominen manufactures nonwovens as roll goods for wipes and other applications. The company’s vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens are present in people’s daily life worldwide.
Comparable operating profit
Ahlström Capital’s shareholding
24.0%
Market capitalisation
292 MEUR
Privately held companies
Destia is a Finnish infrastructure and construction service company that creates tomorrow’s infrastructure for its customers, society and people in general. The company creates urban construction innovations and smart infrastructure solutions that are built on a sustainable foundation.
Comparable operating profit
* Adjusted
Ahlström Capital’s shareholding
100.0%
Enics is the partner of choice for professional electronics in the fields of energy, industrial automation, transportation, building automation and instrumentation.
Comparable operating profit
Ahlström Capital’s shareholding
100.0%
Real estate and forest
Real estate
Ahlström Capital’s real estate portfolio includes prime location buildings in Southern Finland. Our portfolio also includes heritage assets in Noormarkku.
65,600 m2
real estate
area in total
151 MEUR
External fair value of
real estate
Forest
Ahlström Capital’s forest assets are mainly located in Western Finland in the Satakunta region, and in Central and Eastern Finland.
34,000 ha
Forests in total
159 MEUR
External fair value
of forests
Sustainable value creation
Ahlström Capital continuously improves the ESG impact and performance in our own operations and in our investments. We have published a Sustainability Policy to set a framework for the development and implemented KPIs to measure the ESG impact in order to drive the improvement in our portfolio. Our ESG focus areas: climate & resource efficiency, employee well-being and business ethics & Nordic governance model.
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