Lappset Group achieves the highest turnover of its 50-year history in 2019
Last
year, Lappset partnered with Moomin Characters, a worldwide familiar
children's brand, to create Moomin themed playgrounds. Photo: Antti
Kurola/Lappset's image bank.
The
Flora range is one of the most popular product series for play. Made of
Northern pine, it fits in many different locations and climate
conditions. This picture is from Melbourne, Australia.
The
turnover for the Lappset Group increased by 15% compared to the
previous year, with all three business sectors experiencing a growth in
turnover. The Group’s consolidated turnover for the 2019 financial year
was 73 million euros, with the turnover for 2018 being 63.5 million
euros. Thanks to a growth in sales and enhancement of operations, the
turnover for the Group took a positive trend. Net profit was 3.9 million
euros, compared to 2.9 million euros in 2018. The net profit rate for
2019 was 5.3%. Last year’s turnover was the highest in the 50-year
history of the Group and the second-best net profit.
Read more on our news release.