Business developed favourably in 2021

Deeds

The Algol Group's business developed favourably during 2021. Consolidated net sales increased to EUR 181 million, while operating profit improved to EUR 6.7 million. All Group companies improved their results compared to 2020. In addition, nearly all Group companies also surpassed their budgeted target.

The growth and improvement in earnings were due not only to strong demand, but also to more efficient operations. On the other hand, long delivery times for raw materials and components limited sales somewhat. Restrictions imposed in response to the corona pandemic also slowed sales, especially in healthcare-related sectors.

Algol Group corporate responsibility targets for 2022-2024

Check out Algol Groups responsibility targets.

Deeds

Algol Group makes traditional donations to Finnish and global causes

Algol-konserni on aiempien vuosien tapaan tehnyt lahjoitukset kotimaisille ja kansainvälisille toimijoille joulutervehdysten lähettämisen sijaan.

Deeds

Algol Chemicals receives EcoVadis Gold Sustainability Certificate

EcoVadis has awarded Algol Chemicals a Gold level rating. In the past, the company has had a bronze level rating, and the ratings now improved, especially in the ethics and sustainable procurement scores.

More responsibility deeds

Business developed favourably in 2021

Responsibility deeds

Algol Group corporate responsibility targets for 2022-2024

Algol Group makes traditional donations to Finnish and global causes

Algol Chemicals receives EcoVadis Gold Sustainability Certificate