Business Model
Altia’s business model is based on offering a strong portfolio of its own brands and a versatile range of international partner brands as well as providing services to its customers that utilise the Company’s production, packaging and logistics capacity. In addition, by-products from the production process are sold to the Company’s industrial customers. The Company’s integrated operating model creates economies of scale in sourcing, production and distribution and the Company can take advantage of its shared operations, including consumer research, innovation, product development, overall know-how and effective use of centralized support functions.
Altia's business model
Segments
Altia’s three segments are: Finland & Exports, Scandinavia and Altia Industrial.
Finland & Exports
The Finland & Exports segment comprises the import, sale and marketing of wine and spirits, and other beverages in Finland and the Baltics, as well as travel retail and exports.
|
EUR million |
2017 |
2016 |
|
Net sales |
133.9 |
133.9 |
|
Comparable EBITDA* |
19.6 |
20.2 |
|
Comparable EBITDA, % of net sales* |
14.6 |
15.0 |
|
Average number of personnel |
100 |
104 |
Scandinavia
The Scandinavia segment comprises the import, sale and marketing of wine and spirits, and other beverages in Sweden, Norway and Denmark.
|
EUR million |
2017 |
2016 |
|
Net sales |
123.7 |
127.4 |
|
Comparable EBITDA* |
11.5 |
10.4 |
|
Comparable EBITDA, % of net sales* |
9.3 |
8.2 |
|
Average number of personnel |
86 |
87 |
Altia Industrial
The Altia Industrial segment comprises Koskenkorva plant operations, starch, feed component and technical ethanol businesses, as well as contract manufacturing services at Rajamäki. It also includes supply chain operations, i.e. production operations in different countries, customer service and logistics.
|
EUR million |
2017 |
2016 |
|
Net sales |
101.3 |
95.2 |
|
Comparable EBITDA* |
12.5 |
8.4 |
|
Comparable EBITDA, % of net sales* |
12.3 |
8.8 |
|
Average number of personnel |
452 |
507 |
*) The figures are unaudited.