Sustainability Report - 2017 - 24.5.2018-compressed - Page 27



FINANCIAL INFORMATION
IN BRIEF
For 3 Step IT, economic responsibility means
ensuring long-term sustainable value creation
and growth. For the past 20 years, we enjoyed
steady growth. In 2017, we delivered record
revenues that suggests our customers value our
sustainable approach to IT life cycle management services.
and developed innovative digital solutions. We
also managed to significantly improve profitability, as the EBITDA grew 19%, to 28 MEUR. At the
same time, we grew our remarketing operations
to handle over 425 000 devices, a 29% increase
compared to 2016.
Our business strategy aims to continue our sustainable growth. We will focus on developing innovative service models responding to customer
needs and the demand for better ways to acquire
IT technologies.
Compared to the previous year, our revenue
grew 14% to 609 MEUR (2016: 535 MEUR). In order to underpin our growth plans we invested to
make all our services available internationally,
ECONOMIC VALUE GENERATED
AND DISTRIBUTED
In 2017, economic value generated was 612 MEUR and economic value distributed was 606 MEUR.*
Economic value generated, EUR, million
Operating costs
611,9
-561,0
Employee wages & benets
Payments to providers of funds
Payments to government
Economic value distributed
Economic value retained
-27,5
-11,9
-5,7
606,0
5,9
*Reference to GRI 201-1 Direct economic value generated and distributed (GRI 201: Economic performance 2016)
27

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