Mint of Finland financial statements and corporate responsibility reporting 2021: strong and positive year

Mint of Finland is one of the world’s leading providers of coin and blank related manufacturing, lifecycle and consulting services. Most of the company’s production is exported, with Asia, Europe and Latin America being the most important market areas in 2021. In the 2021 99% (2020: 99%) of the company’s revenue was exported. Customers are…

Mint of Finland is one of the world’s leading mints in terms of exports. The company mints metallic coins and coin blanks to order and provides customers with associated related services. Most of the company’s production is exported, with Asia, Europe and Latin America being the most important market areas in 2020. 99% (2019 93%)…

Consolidated revenue was down year on year and amounted to €56.8m (2018: €71.6m). The Group’s result for the accounting period was -€1.6 (2018: +€1.1m). Lower profitability was mainly attributable to smaller volumes compared to a previous year, but continued improved productivity and lower fixed costs had a positive impact on earnings. Competition in the industry…

After a long period of loss, Mint of Finland Group made a profitable result.  Improved profitability was attributable to more profitable customer projects compared to the previous year, greater production efficiency and completion of the fixed cost adjustment programme. Consolidated revenue was down year on year and amounted to €71.5m (2017: €85.0m). The Group’s result…

Mint of Finland, one of the world’s leading coin exporters, has published its CSR report and financial statements 2017 on its website. Consolidated revenue was up significantly year on year and amounted to €85.0m (2016: €66.6m). EBITA continued to be positive. The Group posted a loss of €1.9m, which equates to -2.2% of revenue (2016:…