Caverion in brief

Caverion designs, builds
and maintains user-friendly
and energy-efficient building
systems and provides industrial
services in Northern and
Central Europe.

 

Our services are used in offices, retail properties, housing, public premises, industrial plants and infrastructure, among other places.

Our strengths include technological competence and customer-oriented service, covering all building systems throughout the life cycle of the property.

Our revenue for 2013 was approximately EUR 2.5 billion. Caverion has approximately 17 700 employees in 13 countries. Our head office is located in Helsinki, Finland. The Caverion share (CAV1V) is listed on the Helsinki Stock Exchange (NASDAQ OMX Helsinki Ltd).

New company, long history

Caverion was established through the demerger of Building Services and Industrial Services businesses from YIT Group in June 2013. Caverion is a new company, but all of our business areas already have a long history with a lot of valuable experience. Acquisitions in the Nordic countries and Central Europe have promoted the development of our revenue throughout the 2000s.

Strong market position with good growth potential

The main objectives of our strategy include increasing profitability in Northern Europe, strong growth in Central Europe organically and through acquisitions and development of wide, new and advanced projects and services.

We aim to be the leading and most efficient building systems company in Europe. In Finland, we are the largest in our field of business and among the top five in all key operating countries. We have strong growth potential particularly in Central Europe.

Energy-efficient and user-friendly solutions for buildings and industry

We offer building systems in all our operating countries. Our services cover both the design and installation of technical systems, as well as their service and maintenance and facility management.

Caverion provides industrial services mainly in Finland and Sweden. Our industrial services include the design, prefabrication and project deliveries of technical systems and processes to industry, and related service and maintenance.

We continuously develop our products and services to help our customers reduce the environmental impact of their operations. Energy efficiency is an important part of all our services.

Caverion has special expertise as a provider of technical systems for demanding properties, such as clean rooms, hospitals and laboratories. Our own product development and solutions reinforce our role as a technical forerunner.

Reporting segments and organisation

From the very beginning, Caverion has been developing its service and maintenance business and project business across the country borders.

In 2013, we reported our financial performance in two segments: Building Services Northern Europe and Building Services Central Europe.

New reporting structure in 2014

Caverion Corporation has changed its external reporting structure as of January 1, 2014. The segments based on geographical areas (Building Services Northern Europe and Building Services Central Europe) are replaced by one single operative segment, that will also include the Group services and other items.

The first interim report based on the new reporting structure will be published on April 24, 2014 (interim report for January–March 2014). The change in reporting structure will have no effect on the Group’s strategic targets.