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Annual Report 2017

  • Finnish
    • Material bank
    • Annual Report 2017

    • Finnish
    • Caverion in 2017
      • Caverion in brief
        • From the CEO
          • Strategy
            • Operating environment
              • Financial development
                • Events in 2017
                • Business
                  • Case gallery
                  • Governance
                    • Management and Governance
                      • Board of Directors
                        • Management Board
                        • Sustainability
                          • Investors
                            • Information for investors and shareholders
                              • Shares and shareholders
                                • Debt financing
                                • Financial Statements
                                  logo-caverion.png
                                  • Caverion in 2017
                                    • Caverion in brief
                                      • From the CEO
                                        • Strategy
                                          • Operating environment
                                            • Financial development
                                              • Events in 2017
                                              • Business
                                                • Case gallery
                                                • Governance
                                                  • Management and Governance
                                                    • Board of Directors
                                                      • Management Board
                                                      • Sustainability
                                                        • Investors
                                                          • Information for investors and shareholders
                                                            • Shares and shareholders
                                                              • Debt financing
                                                              • Financial Statements
                                                                • Revenue 2017

                                                                  2,282.8

                                                                  EUR million

                                                                • EBITDA excluding
                                                                  restructuring costs
                                                                  2017

                                                                  18.3

                                                                  EUR million

                                                                • Order backlog 2017

                                                                  1,491.0

                                                                  EUR million

                                                                Annual Report 2017

                                                                Caverion provides smart technical solutions and services for buildings, industrial processes and infrastructure in Northern, Central and Eastern Europe. Caverion operates in 12 countries and employs approximately 16,000 people.

                                                                Caverion in Brief | Building systems | Industrial services

                                                                Turnaround and new strategy
                                                                paving the way for the future 

                                                                Caverion’s year 2017 was marked by a focus on continuing the turnaround programme and stabilising the operations. The year was challenging for us, but I am confident that with all the corrective actions we are heading to the right direction.

                                                                Our new strategy, “Fit for Growth” is built around digitalisation of the industry. The "Fit" phase will be done through the performance management related must-win actions around project and service operations, fixed costs and procurement. After the successful implementation of the “Fit” phase, we will move to the “Growth” phase.

                                                                Ari Lehtoranta, President and CEO, Caverion Corporation

                                                                From the CEO

                                                                All technical disciplines for the entire life cycle of properties and industrial plants

                                                                We are a technology forerunner and have strong know-how in digitalisation. Our comprehensive services includes all technical disciplines throughout the entire life cycles of properties and plants.

                                                                Caverion has two business units: Projects and Services.

                                                                Projects | Services | Services throughout the life cycle

                                                                Sustainable development: Focusing on work safety and Code of conduct 

                                                                Positive development continued in work safety during 2017. We also updated our Code of Conduct, and it was widely communicated to our employees.

                                                                Sustainability

                                                                Annual Report PDF 10 Mb

                                                                Corporate Governance Statement PDF 233 kB

                                                                Renumeration Statement PDF 175 kB

                                                                Financial Statements PDF 2 Mb

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