Lappset Group yielded good results during 2010

April 2011

Lappset Group Ltd yielded good results during 2010 in spite of the challenging financial situation worldwide.

The Group's turnover, EUR 45.4 million, went down by 4.7 % from the record year of 2009. Despite the difficult financial situation in the public sector, domestic invoicing within the Group increased.

The company status strengthened nationally. Lappset Group's own subsidiaries managed to hold on to their market position in the declining financial situation. Furthermore, at Group level we can be especially pleased with the progress made in sales in France and Poland.

During this financial year the company prepared for future growth by increasing investment in developing commercial concepts and further improving quality by paying special attention to staff expertise, using local subcontractors and maintaining high supply reliability.