Key indicators
VVO Group | 7-9/2015 | 7-9/2014 | 1-9/2015 | 1-9/2014 | 1-12/2014 |
Revenue, EUR million | 93.1 | 89.4 | 276.3 | 266.6 | 356.5 |
Net rental income, EUR million | 57.3 | 55.9 | 170.5 | 163.1 | 210.0 |
% revenue | 61.5 | 62.6 | 61.7 | 61.2 | 58.9 |
Profit before taxes, EUR million | 42.9 | 31.0 | 167.3 | 96.4 | 146.5 |
Earnings per share, EUR | 4.86 | 3.39 | 18.09 | 9.93 | 14.95 |
Equity per share, EUR | | | 228.57 | 208.64 | 213.30 |
Return on equity, % (ROE) | | | 10.9 | 6.4 | 7.2 |
Return on investments, % (ROI) | | | 7.7 | 5.3 | 5.9 |
Equity ratio, % | | | 41.2 | 39.9 | 40.0 |
Financial Occupancy rate, % | 97.8 | 98.0 | 97.5 | 98.1 | 98.1 |
Gross investments, EUR million | 44.2 | 30.7 | 159.2 | 132.4 | 200.5 |
Investment properties, EUR million | | | 3,907.9 | 3,617.4 | 3,708.8 |
Interest bearing liabilities, EUR million | | | 1,888.4 | 1,827.0 | 1,850.1 |
Number of personnel, end of period | | | 363 | 335 | 343 |
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As of 2014, the Group adopted IFRS for its financial reporting
Turnover Q3/2015
EUR Million | 2010 | 2011 | 2012* | 2013* | Q3/2014 | 2014 | Q3/2015 |
Turnover | 328.6 | 327.3 | 335.4 | 346.6 | 266.6 | 356.5 | 276.3 |
*A change in the recognition practice of renovations reduced the result by EUR 7.8 million in 2012 and by EUR 11.4 million in 2013
Profit trend Q3/2015
EUR million | 2010 | 2011 | 2012* | 2013* | Q3/2014 | 2014 | Q3/2015 |
Profit | 57.7 | 55.8 | 62.5 | 75.9 | 96.4 | 146.5 | 167.3 |
*A change in the recognition practice of renovations reduced the result by EUR 7.8 million in 2012 and by EUR 11.4 million in 2013
Net rental income Q3/2015
EUR million | 2010 | 2011 | 2012 | 2013 | Q3/2014 | 2014 | Q3/2015 |
Net rental income | 175.7 | 186.6 | 197.3 | 198.4 | 163.1 | 210.0 | 170.5 |
Financial occupancy rate Q3/2015
% | 2010 | 2011 | 2012 | 2013 | Q3/2014 | 2014 | Q1/2015 | Q2/2015 | Q3/2015 |
Financial occupancy rate | 98.6 | 98.7 | 98.7 | 98.5 | 98.1 | 98.1 | 97.4 | 97.4 | 97.5 |
Equity ratio Q3/2015
% | Q3/2015 | Q3/2014 | 2014 |
Fair value | 41.2 | 39.9 | 40.0 |
Value development Q3/2015
EUR million | Q3/2015 | Q2/2015 | Q1/2015 | 2014 |
Fair value | 3,907.9 | 3,865.4 | 3,782.1 | 3,708.8 |
Key ratios per share Q3/2015
EUR/share | Q3/2015 | Q3/2014 | 2014 |
VVO Non-subsidised profit (Distributable profit) | 8.9 | 7.0 | 8.2 |
VVO State-subsidised | 9.2 | 3.0 | 6.7 |
Gross investments and sales of investment properties Q3/2015
EUR million | 2010 | 2011 | 2012 | 2013 | 2014 | Q3/2014 | Q3/2015 |
Gross investments | 119.7 | 121.5 | 74.8 | 223.2 | 200.5 | 132.4 | 159.2 |
Sales investment properties | -116.5 | -15.4 | -12.0 | -16.0 | -28.8 | -16.1 | -7.2 |
Rental housing stock 30 September 2015
| Sarake 1 |
Lumo 27,233 | 27,233 |
VVO 13,666 | 13,666 |