Last €3.15 EUR
Change Today +0.05 / 1.61%
Volume 1.6K
MARAS On Other Exchanges
Symbol
Exchange
Helsinki
As of 11:29 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

martela oyj (MARAS) Snapshot

Open
€3.10
Previous Close
€3.10
Day High
€3.15
Day Low
€3.10
52 Week High
04/24/13 - €4.30
52 Week Low
03/17/14 - €3.03
Market Cap
13.1M
Average Volume 10 Days
1.2K
EPS TTM
€-1.03
Shares Outstanding
3.6M
EX-Date
03/14/14
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MARTELA OYJ (MARAS)

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martela oyj (MARAS) Details

Martela Oyj engages in the design and supply of interior solutions for working environments and public spaces comprising schools, hotels, and nursing homes in Finland. The company offers seating products, including task chairs, universal chairs, conference chairs, stools/benches, easy chairs/sofas, pupils’ chairs, and welfare chairs; tables, such as workstations, conference tables, tables/sofa tables, and pupils’ tables/desks; and storage products consisting of cabinets, pedestals, and shelving systems. It also provides space dividers/screens; auditorium furniture comprising auditorium and telescopic seats, auditorium accessories, and front desks; other products, including AV-products, phone booths, sorters, and lighting products; and accessories consisting of acoustic products, CPU holders, wire accessories, table shelves and screens, coat racks, monitor arms, front panels, and storage accessories. In addition, the company offers planning and design, implementation, maintenance, recycling, and supporting services. It primarily operates in the regions around the Baltic Sea and Norway, the Netherlands, Ukraine, Hungary, and Japan. The company was founded in 1945 and is headquartered in Helsinki, Finland.

767 Employees
Last Reported Date: 02/28/14
Founded in 1945

martela oyj (MARAS) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

martela oyj (MARAS) Key Developments

Martela Corporation Reports Parent Company Earnings Results for the Year Ended December 31, 2013; Proposes No Dividend for 2013

Martela Corporation reported parent company earnings results for the year ended December 31, 2013. For the year, the parent company reported revenue was EUR 88,838,000 against EUR 102,251,000 a year ago. Operating loss was EUR 1,300,000 against EUR 1,541,000 a year ago. Loss before appropriations and taxes was EUR 2,230,000 against EUR 1,671,000 a year ago. Loss for the financial year was EUR 2,230,000 against EUR 1,774,000 a year ago. Net cash from operating activities was EUR 1,322,000 against EUR 1,258,000 a year ago. Capital expenditure on tangible and intangible assets was EUR 1,781,000 against EUR 2,593,000 a year ago. The Board of Directors will propose to the AGM that no dividend be distributed for 2013.

Martela Oyj Omits to Pay Dividend for the Financial Year Ended December 31, 2013

Martela Oyj proposed to the general meeting that no dividend be paid for the financial year ended December 31, 2013.

Martela Corporation Reports Audited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Provides Earnings Guidance for the Year 2014

Martela Corporation reported audited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, the company reported revenue of EUR 36.9 million against EUR 40.8 million a year ago. Operating loss was EUR 0.4 million against operating result of EUR 0.3 million a year ago. Loss per share was EUR 0.20 against EUR 0.02 a year ago. Negative return on equity was 13.4% against 0.8% a year ago. Loss for the period was EUR 0.809 million against EUR 0.056 million a year ago. For the year, the company reported revenue of EUR 132.3 million against EUR 142.7 million a year ago. Operating loss was EUR 2.9 million against operating result of EUR 0.9 million a year ago. Loss per diluted share was EUR 0.97 against EUR 0.51 a year ago. Negative return on equity was 16.3% against 7.2% a year ago. The Group's gross capital expenditure in 2013 totalled EUR 3.0 million against EUR 4.0 million a year ago. The company 's most important capital expenditure project during the year was the new enterprise resource planning (ERP) system, which was introduced in Finland in spring 2013. Capital expenditure otherwise consisted of normal everyday maintenance and replacement expenditure. Loss for the period was EUR 3.934 million against EUR 2.048 million a year ago. Net cash used in operating activities was EUR 0.136 million against EUR 0.002 million a year ago. The company anticipates that its revenue in 2014 will be at the 2013 level, and that its operating result will show a year-on-year improvement. Due to normal seasonal variation, the group's operating result is weighted towards the second half of the year.

 

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Price/Book 0.6x
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