SATO Corporation's Financial Statements and the Report of the Board of Directors for 2018 published
27 February 2019
SATO Corporation, Stock exchange release 27th Feb 2019 at 9:15 am
SATO Corporation has today published Financial Statements and the Report of the Board of Directors for 2018 as well as the Corporate Governance Statement 2018.
The publications are attached to this release and are found at the company website, www.sato.fi
Saku Sipola, President & CEO, tel. +358 201 34 4001
Markku Honkasalo, CFO, tel. +358 201 34 4226
Report of the Board of Directors and Financial Statements 2018
Financial Statements 2018 presentation
Corporate Governance Statement 2018
NASDAQ OMX, essential media, www.sato.fi
SATO is one of Finland's leading rental housing providers. SATO aims to offer a comprehensive choice of rental housing and an excellent customer experience. At year-end 2018 SATO owned around 26,000 apartments in Finland's largest growth centres and in St Petersburg.
We promote sustainable development and initiative through our operations and work in open interaction with our stakeholders to generate added value. We operate profitably and with a long-term view. We increase the value of our housing stock through investments, divestments and repairs.
SATO Group's net sales in 2018 were EUR 290 million, operating profit EUR 273 million and profit before taxes EUR 231 million. The value of SATO's investment assets is roughly EUR 3.9 billion.