Reinventing reliability. Neles is a leading best-in-class valve and valve automation company.
As a result of the demerger of Metso Corporation, Metso was renamed as Neles, which is a globally recognized valve and valve automation company and brand with highly attractive market positions.
Neles continues to be listed on Nasdaq Helsinki with the trading symbol ‘NELES’.
Neles targets to create value for its shareholders as an independent entity through its:
|Major Shareholders (30-09-2020)||
|% of Total|
|Cevian Capital Partners Ltd||16,351,141||10.88|
|Ilmarinen Mutual Pension Insurance Company||4,091,010||2.72|
|Varma Mutual Pension Insurance Company||2,138,465||1.42|
|Elo Mutual Pension Insurance Company||2,091,735||1.39|
|Total 5 shares||69,087,558||45.95|
|Key Figures (EUR million)||2019||2018||Change %|
|Orders received by the services business||2,061||1,913||8|
|% of orders received||56||55|
|Sales of the services business||1,967||1,773||11|
|% of sales||54||56|
|% of sales||13.0||11.6|
|% of sales||11.5||11.1|
|Earnings per share, EUR||1.94||1.53||27|
|Free cash flow||39||146||-68|
|Return on capital employed (ROCE) before taxes, %||18.7||16.9|
|Equity-to-assets ratio, %||42.1||47.7|
|Net gearing, %||52.7||11.7|
|Personnel at the end of the year||15,821||13,150||20|
* Adjustment items amounted to EUR 15 million in Q4/2019 and EUR 36 million in 2019, while comparative periods for 2018 do not include any adjustment items.