production economicsassignment 1
DESCRIPTION
Production economicsassignment 1. Serres Oy. Group 6 Christian Östman Kenneth Oldenburg Mikael Hellman. The Company. Finnish company that manufactures healthcare and HVAC products Founded in 1973 by Erkki Jyllilä Has its headquarter and factory in Kauhajoki , Finland - PowerPoint PPT PresentationTRANSCRIPT
Production economics assignment 1
Serres Oy
Group 6Christian ÖstmanKenneth OldenburgMikael Hellman
The Company
Finnish company that manufactures healthcare and HVAC products
Founded in 1973 by Erkki Jyllilä
Has its headquarter and factory in Kauhajoki, Finland
110 employees (2008)
The company
limited liability company
Owned by the Jyllilä family
842 shares issued- share capital 8420 €
Is not listed on any stock exchange
Products
Two brands- Serres(hospital division) and Vieser(HVAC)
Serres- Suction bag systems and suction tubes
- Market leader in Scandinavia- Number 2 in Europe
- No 1 manufacturer in Europe
- 90 % export
Vieser- HVAC (heating, ventilation, air condition) solutions, water traps, grating and floor drains
- Scandinavia, 20 % export
Products
Hospital products
HVAC products
Numbers
sales revenue of 14.6 mill. € in year 2007 and 19 mill. in 2009
Steady growth since year1973
ROCE 40,2 %
Equity ratio 88,76 %
Net profit 3.005 mill. €
Sales revenue 19 mill. €
Numbers
Own reflections
Environmental facts couldn't be found by company
We think this company could offer a good employment
It would be an Ok investment but as it’s not listed on any stock exchange and the Jyllilä family owns the shares it might be pretty impossible to buy any
Production economics assignment 1
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questions?