Market: Helsinki Symbol: NESTE Industry: Oil & Gas

Neste in brief

Neste (NESTE, Nasdaq Helsinki) uses science and innovative technology to transform waste and other resources into renewable fuels and circular raw materials. The company creates solutions for combating climate change and accelerating a shift to a circular economy. Being the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel and a forerunner in developing renewable and circular feedstock solutions, the company aims to help its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030.
The company’s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has consistently been included in the CDP and the Global 100 lists of the world’s most sustainable companies. In 2023, Neste's revenue stood at EUR 22.9 billion. Read more: neste.com

Share Data
04/07/2024      
Currency EUR Volume 1,735,891
Previous close 17.86 Number of shares 769,211,058.00
Change (%) 1.88 Market Cap(mil) 13,738.11
Key figures
2023
2022
Change %
Revenue MEUR 22,926 25,707 -11
EBITDA MEUR 2,548 3,048 -16
Comparable EBITDA MEUR 3,458 3,537 -2
Operating profit MEUR 1,682 2,410 -30
Earnings per share (EPS) EUR 1.87 2.46 -24
Comparable return on average capital employed after tax (Comparable ROACE) % 23.9 30.1 -21
Leverage ratio % 22.7 13.9 63
Interest-bearing net debt MEUR 2,488 1,344 85
Share Data
04/07/2024      
Currency EUR Volume 1,735,891
Previous close 17.86 Number of shares 769,211,058
Change (%) 1.88 Market Cap(mil) 13,738.11
Key figures
2023
2022
Change %
Revenue MEUR 22,926 25,707 -11
EBITDA MEUR 2,548 3,048 -16
Comparable EBITDA MEUR 3,458 3,537 -2
Operating profit MEUR 1,682 2,410 -30
Earnings per share (EPS) EUR 1.87 2.46 -24
Comparable return on average capital employed after tax (Comparable ROACE) % 23.9 30.1 -21
Leverage ratio % 22.7 13.9 63
Interest-bearing net debt MEUR 2,488 1,344 85
Major Shareholders
30/06/2024 Shares % of Total
Prime Minister's Office 340,107,618 44.22
Varma Mutual Pension Insurance Company 16,846,622 2.19
Ilmarinen Mutual Pension Insurance Company 12,456,202 1.62
Elo Mutual Pension Insurance Company 9,336,000 1.21
The Finnish Social Insurance Institution 6,100,272 0.79
5 largest owners total 384,846,714 50.03
Number of shares total 769,211,058 100.00