We are a progressive group of more than 3,300 global engineering specialist who are working to spark positive change in the world of engineering. We believe that solving tomorrow's engineering challenges will require a different, more structured, focused approach.

Etteplan provides solutions for industrial equipment and plant engineering, software and embedded solutions, and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products, services and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.

In 2020, Etteplan had a turnover of approximately EUR 260 million. The company employs over 3,300 experts in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker.

Share Graph
Share information
Symbol ETTE
Market Helsinki
Currency EUR
Previous Close 15.90
Change (%) 1.92
ISIN FI0009008650
Industry Industrial Goods & Services
Volume 4,167
Number of Shares 24,963,308
Market Cap (mln) 397
Major Shareholders (30/04/2021) Shares % of Total
Ingman Group Oy Ab 16,500,000 66.10
Oy Fincorp Ab 2,498,000 10.01
Varma Mutual Pension Insurance Company 985,593 3.95
SEB Gyllenberg Finland Small Cap Fund 480,823 1.93
Tuori Klaus Tapani 399,134 1.60
Taaleritehdas Mikro Markka Fund 339,048 1.36
Tuori Aino 308,275 1.23
VAS Invest Oy 215,322 0.86
OP-Finland Micro Cap 165,486 0.66
Elo Mutual Pension Insurance Company 150,456 0.60
10 largest owners total 22,042,137 88.30
Number of shares total 24,963,308 100.00

Key financial data

EUR 1,000, Financial period Jan 1 - December 31 2017
Change in revenue, % 16.8
Operating profit (EBITA) 17,387
% of revenue 8.1
Operating profit (EBIT) 15,484
% of revenue 7.2
Return on equity, % 20.9
ROCE, % 17.8
Equity ratio, % 40.7
Gross investments 7,589
% of revenue 3.5
Net gearing, % 43.0
Personnel at year end 2,802
Operating cash flow 18,254
Earnings per share, EUR 0.47
Dividend, EUR 0.23

Financial targets




Revenue more than EUR 500 million in 2024.

International growth

The share of revenue coming from outside Finland more than 50 per cent of revenue in 2024.

Managed Services

The share of revenue coming from Managed Services (Managed Services Index, MSI) 75 per cent of revenue in 2024.


Operating profit (EBITA) 10 per cent of revenue.