Oras Invest is a family-owned company with over 70 years of industrial entrepreneurship tradition. Its current industrial holdings are Oras Group, Uponor, Tikkurila and Kemira. At the end of 2016 the net asset value of Oras Invest totaled EUR 945 million.
Oras Invest focuses its ownership in industrial companies, in which it has a substantial understanding of the industry, business characteristics and development potential. We develop our companies through active Board work and close cooperation with the management. The aim is to create long-term sustainable value growth.
Oras Invest key figures 2016
Net profit, EUR 28.7 million (26.3 million)
Shareholders’ equity, EUR 562.1 million (535.4 million)
Balance sheet total, EUR 630.1 million (630.4 million)
Equity-to-assets ratio 89 % (85 %)
Gearing 12 % (18 %)
Net asset value (NAV)*, EUR 945 million (795 million)
Total shareholder return (TSR) 17% (9%)
Loan-to-value ratio 7% (11%)
*NAV= Market value of Uponor, Tikkurila and Kemira on December 31, 2016
Oras Group EBITDA × 8 – net debt