Piippo Oyj

Helsinki Stock Exchange PIIPPO.HE

Piippo Oyj Return on Capital Employed (ROCE) for the year ending September 30, 2023: -25.05%

Piippo Oyj Return on Capital Employed (ROCE) is -25.05% for the year ending September 30, 2023, a -443.78% change year over year. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Piippo Oyj Return on Capital Employed (ROCE) for the year ending September 30, 2022 was 7.29%, a 125.70% change year over year.
Piippo Oyj Return on Capital Employed (ROCE) for the year ending September 30, 2021 was 3.23%, a 0.92% change year over year.
Piippo Oyj Return on Capital Employed (ROCE) for the year ending December 31, 2020 was 3.20%, a 6.55% change year over year.
Piippo Oyj Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 3.00%, a 439.30% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

Helsinki Stock Exchange: PIIPPO.HE

Piippo Oyj

CEO	Mr. Mikael Slotte
IPO Date	March 10, 2015
Location	Finland
Headquarters	SysmAejAerventie 3
Employees	83
Sector	Materials
Industries Paper & Forest Products

Description

Piippo Oyj manufactures and sells baling net wraps and baling twines for farmers in Finland. The company offers hybrid edge master and other net wraps and slash bundler twines, round, conventional, and big square bailing. It also provides baling films; B2B products that include cable fillers and armouring yarns; and consumer products, such as synthetic ropes and twines, rolleri, natural ropes and twines, railing and decorative ropes, products for household use, towing ropes, binding straps, and starting ropes. The company was founded in 1942 and is based in Outokumpu, Finland.

Key trends

Past 5 years