3 Step IT Group, a specialist in IT equipment life-cycle
management, posted an increase in turnover of more than 35 per cent
to €174m in 2007.
Operating revenue, or earnings before interest and tax, rose by
6.5 per cent to €4.8m.
Go deeper with GlobalData
Business operations were strengthened in all market areas in
Finland, Scandinavia, the Baltic region and the UK, 3 Step
said.
The share of exports from annual turnover was 16.1 per cent, an
increase of 40.5 per cent compared with the previous year. Growth
was boosted through cooperation with its partners including IBM
Global Financing and Pohjola Bank.
In February 2007, the founder shareholders and personnel
acquired the company back from a capital investor and increased
their ownership to 100 per cent. Through a private placement,
Pension Fennia became a minority shareholder in June with a share
of 17.5 per cent.
The new ownership structure secures the long-term development of
3 Step IT, it said.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“Our objective is to be a global company operating through the
efforts of 500 people and with an annual turnover of €1bn in 2015,”
said managing director, Artti Aurasmaa
