SOLIDIUM OY'S JANUARY-JUNE 2013 HALF YEAR REPORT
(Thomson Reuters ONE) -
* Solidium's investment yield was 4.8% for the six-month review period and
13.9% for the last 12 months
* Solidium received a total of 398 million euros in profit distribution from
its portfolio companies during the review period
* Solidium participated in Talvivaara Mining Company Plc's rights issue with
47 million euros
* Solidium increased its holding in Outotec Oyj to 10 per cent by acquiring
shares for 39 million euros
Solidium's Managing Director Kari Järvinen's comments on the review period:
"The Finnish economy continues to undergo major structural changes, which is
also reflected in Solidium's portfolio and its performance. The portfolio yield
was 13.9 per cent for the financial year and the dividend yield remained high at
5.5 per cent. The dividend yield is at a good level compared to the general
interest rate climate and we expect dividends to remain at a good level in
2014, too."
Further information: Managing Director Kari Järvinen, tel. +358 (0)10 830 8905
Solidium is a limited company wholly owned by the State of Finland. Its mission
is to strengthen and stabilise Finnish ownership in nationally important
companies and increase the value of its holdings in the long term. Investment
activities are based on financial analysis. The basis and core objective of
Solidium's investment strategy is proper, value-enhancing asset management of
its current holdings. Through its stakes, Solidium is a minority owner in eleven
listed companies: Elisa, Kemira, Metso, Outokumpu, Outotec, Rautaruukki, Sampo,
Stora Enso, Talvivaara Mining Company, TeliaSonera and Tieto. The market value
of Solidium's investments is approximately 7.9 billion euros at the date of this
press release. Further information: www.solidium.fi.
The complete half year report can be found here:
Half year report:
http://hugin.info/142364/R/1721999/573952.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Solidium Oy via Thomson Reuters ONE
[HUG#1721999]
Unternehmensinformation / Kurzprofil:
Datum: 13.08.2013 - 11:00 Uhr
Sprache: Deutsch
News-ID 287024
Anzahl Zeichen: 2658
contact information:
Town:
Helsinki
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 168 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"SOLIDIUM OY'S JANUARY-JUNE 2013 HALF YEAR REPORT"
steht unter der journalistisch-redaktionellen Verantwortung von
Solidium Oy (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
