Patria Group’s net sales for 2015 totaled EUR 427.7 million (EUR 462.0 million in 2014), down by 7.5 % as expected. Defence solutions and their lifecycle business accounted for 93 % (89 %) and civilian products for 7 % (11 %) of net sales, while 31 % (50 %) of net sales accrued from abroad.
The Group’s operating profit for the Financial Period was EUR 46.8 million, representing 10.9% of net sales (EUR 56.0 million, 12.1% in 2014). The consolidated income before taxes amounted to EUR 44.4 million (EUR 54.7 million). The Group’s return on equity was 19.0% (18.7%).
It was decided to discharge the members of the Board of Directors and the President from liability for the financial period of 2015. Furthermore, the Annual General Meeting decided, according to the Board of Directors’ proposal, to distribute a dividend of EUR 0.50 per share owned by the State of Finland and Governia Oy, totally EUR 13 920 944.50, representing 36 % of Group’s profit.