Net sales grew by 3.1% to EUR 204.4 million (198.4)
Net sales growth excluding the renewable energy sources business was 7%
Adjusted operating profit was EUR 20.3 million (18.5)
Strong quarter in Environmental Services and Industrial Services
EcoVadis, a leading ratings platform for assessing sustainability, awarded the highest possible Platinum rating to L&T in its assessment
27 October 2022
2
NET SALES
7.6% (Organic growth 4.8%)
11.6 -0.1
19.3
-5.3
634.0
19.5
589.0
50,0
Group 1-9/2021
Environmental Services
Industrial Services Facility Services Finland
Facility Services Sweden
Other
Group 1-9/2022
MEUR
Q3/22
Q3/21
Change%
1-9/22
1-9/21
Change%
2021
Environmental Services
75.0
77.2*
-2.9
250.1*
230.7*
8.4
320.5*
Industrial Services
38.9
29.8
30.4
95.7
76.4
25.3
105.1
Facility Services Finland
60.2
59.9
0.5
191.7
180.1
6.4
243.1
Facility Services Sweden
31.9
32.7
-2.6
100.7
106.0
-5.0
149.8
L&T Group
204.4
198.4
3.1
634.0
589.0
7.6
812.5
*Environmental Services Net sales excluding the renewable energy sources in 1-9/22 were EUR 216.0 million (194.2) , in Q3/21 EUR 70.1 million and in 2021 EUR 265.5 million
The cost impact of COVID-19 and fuel prices was EUR 5.2 million in Q1/2022
*Environmental Services operating profit excluding the renewable energy sources was in 1-9/22 EUR 23.8 million (22.3), in Q3/21 EUR 10.2 million and in year 2021 EUR 28.9 million
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L&T - Lassila & Tikanoja Oyj published this content on 27 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2022 05:23:02 UTC.
Lassila and Tikanoja Oyj is a Finland-based company engaged in environmental management and property and plant support services. It has business operations in Finland, Sweden, Latvia and the Russian Federation. Its operations are divided into four business segments. Environmental Services comprises collection of waste materials, its processing into secondary raw materials or recovered fuel, and waste disposal activities. It also maintains wastewater systems and offers process cleaning services. Cleaning and Office Support Services segment offers cleaning services as well as office support services. Property Maintenance offers property maintenance, maintenance of technical systems and damage repair services. Renewable Energy Sources segment specializes in comprehensive fuel solutions based on wood-based biofuels as well as supply of raw material and forestry services. It is also engaged in building automation business, property management and services for retail refrigeration systems.
LASSILA & TIKANOJA OYJ 
