Annual Report 2007 - Panostaja
Annual Report 2007 - Panostaja
Annual Report 2007 - Panostaja
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Toimex Oy<br />
Supports prop up profits<br />
Toimex Oy, established in 1974, specialises in manufacturing pipe supports for the heating,<br />
plumbing and ventilation sector. The company has a comprehensive product range in terms<br />
of applications, materials and finishing techniques. In addition to its own products, the<br />
company acts as an agent for several well-known brands in its field. Pipe supports are used<br />
in residential, public and industrial construction projects. The customer base comprises<br />
heating, plumbing and ventilation wholesalers. Toimex is part of Kannake Group. The<br />
company has a production plant in Tampere and a sales office in Helsinki.<br />
Managing Director Kalervo Pentti<br />
During the last period, the company’s profitability developed well due to the top rate<br />
of construction. Exports have also shown steady growth and it is precisely the export<br />
operations where growth targets for next year have been set. The company expects<br />
profitability and financial performance to develop favourably.<br />
NET TURNOVER<br />
EUR 1,000<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
OPERATING PROFIT<br />
EUR 1,000<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Key data<br />
EUR 1,000 2003 2004<br />
IFRS<br />
2005<br />
IFRS<br />
2006<br />
IFRS<br />
<strong>2007</strong><br />
Net turnover 3,063 3,329 3,931 4,533 4,860<br />
Operating profit 273 446 590 618 756<br />
Employees 20 17 17 17 17<br />
Holding as at 31 st Oct. <strong>2007</strong> 70.4%
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