April 18, 2014 2:22 AM ET

Building Products

Company Overview of GS-Hydro Oy

Company Overview

GS-Hydro Oy produces and supplies non-welded piping solutions for hydraulic, and low and high pressure applications globally. It offers retain ring systems and flare flange systems. The company serves offshore, marine, and land applications. It sells its products in Austria, Brazil, China, Denmark, Finland, France, Germany, Korea, the Netherlands, Norway, Poland, the Russian Federation, Singapore, Spain, Sweden, the United Kingdom, and the United States. The company was founded in 1974 and is based in Espoo, Finland. GS-Hydro Oy is a former subsidiary of Arcorus Oyj.

Upseerinkatu 3A

Espoo,  02600


Founded in 1974


358 3 656 41


358 3653 2998

Key Executives for GS-Hydro Oy

Age: 49
Chief Financial Officer
Managing Director of Gs-Hydro Brazil
Managing Director of GS-Hydro UK
Managing Director of GS-Hydro Benelux
Compensation as of Fiscal Year 2013.

GS-Hydro Oy Key Developments

Ratos Reportedly Plans To Divest GS-Hydro

Ratos AB is reportedly planning to sell GS-Hydro Oy and has appointed Nordea to find a buyer. GS-Hydro is reportedly valued at around SEK 1 billion.

GS-Hydro Oy Reports Earnings Results for the Nine Months Ended Sep. 30, 2012

GS-Hydro Oy reported earnings results for the nine months ended Sep. 30, 2012. For the period, the company reported sales of SEK 1,014 million compared to the SEK 763 million for the same period a year ago. EBITA was SEK 98 million compared to SEK 17 million for the same period a year ago. EBT was SEK 62 million compared to LBT of SEK 22 million for the same period a year ago. Cash inflow was SEK 53 million. Interest-bearing net debt was SEK 450 million. Strong sales increase mainly driven by high activity within the offshore segment. Substantial improvement in earnings is due to increased sales.

GS-Hydro Oy Reports Earnings Results for the First Quarter Ended March 31, 2012

GS-Hydro Oy reported earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net sales of SEK 320 million against SEK 239 million a year ago. EBITA was SEK 25 million against LBITA of SEK 1 million a year ago. EBT was SEK 12 million against LBT of SEK 15 million a year ago.

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