Group Functions
The Group Functions’ operating result in January-December 2024 was EUR -0.3 million (-1.9 million).
R&D costs were EUR 1.5 million (EUR 1.3 million). The amount of R&D expenses capitalized in the balance sheet were EUR 0.6 million, which was EUR 0.2 million more than in the previous year.
Group Functions consist of group administration, strategic projects, and stock market listing related functions, as well as renting premises owned by the group. In addition to this, Group Functions offers common services for the Business Segments, which are reasonable to be operated centrally. For these services, the Business Segments pay a service fee in proportion to the number of employees in the Segments. The CEO, CFO, Vice President, Communications and Sustainability, and CLO are responsible for group functions.
| Group Functions, MEUR | 2024 | 2023 |
|---|---|---|
| Net Sales | ||
| EBITDA | 1.8 | 0.8 |
| EBITDA, % of net sales | ||
| Operating profit / loss | -0.3 | -1.9 |
| Operating profit / loss, % of net sales | ||
| R&D expenses | 1.5 | 1.3 |
| Capitalized R&D expenses | -0.6 | -0.4 |
| Personnel at the end of the period | 45 | 59 |