16.03.2022 12:00Pörssitiedotteet / Stock exchange releases

Orthex Corporation’s Annual Report and Sustainability Report 2021 published

Orthex Corporation, Stock Exchange Release, 16 March 2022 at 12.00 a.m. EET

Orthex Corporation’s Annual Report 2021 has been published. This is the company’s first Annual Report as a listed company, and in addition to the annual review it includes the Board of Directors’ Report, Financial Statements, Corporate Governance Statement, and Remuneration Report for the year 2021. The Annual Report also includes the company’s Sustainability Report.

The company’s Sustainability Report for the year 2021 is now part of the company’s Annual Report for the first time. In our Sustainability Report we explain, for example, the steps we have taken during the year to be able to reach our carbon neutrality target. Among others, we made a comprehensive calculation of the carbon footprint of our operations and value chain for the first time and all our factories switched to 100% fossil-free hydropower. We aim to be carbon neutral in our operations by 2030.

The Annual Report is published also in accordance with the European Single Electronic Format (ESEF) reporting requirements. The format of the report is Extensible Hypertext Markup Language (XHTML). The main statements in the consolidated financial statements have been labelled with XBRL tags. The ESEF-statement of Orthex Corporation is unaudited.

The Annual Report is available on the corporate website at https://investors.orthexgroup.com/. The report is published in pdf-format in Finnish and English and attached to this release. The XHTML file is also attached to this release.

Further enquiries

Saara Mäkelä, CFO, Orthex Corporation
Tel. +358 (0)40 083 8782

Hanna Kukkonen, CMO, Orthex Corporation
Tel. +358 (0)40 053 8886

Orthex in brief

Orthex is a leading Nordic houseware producer that strives to make consumers’ everyday life easier with its products that are presented under the consumer brands SmartStore™ in storage products, GastroMax™ in kitchenware and Orthex™ in home and plant care categories. Orthex aims to be the industry forerunner in sustainability.

Orthex’s net sales in 2021 was 88.7 million euros and operating profit 9.3 million euros. The company has customers in more than 40 countries and local sales offices in Finland, Sweden, Norway, Denmark, Germany, France, and the United Kingdom. Orthex is listed on the Nasdaq Helsinki stock exchange.