Jorma Mikkonen - Lassila Tikanoja Director

LAT1V Stock  EUR 8.04  0.08  1.01%   

Director

Mr. Jorma Mikkonen was appointed Director of Corporationrationrate Relations and Responsibility, Member of the Executive Board of Lassila Tikanoja Oyj, effective as of June 1, 2015. He previously served as Vice President, Environmental Services and Member the Group Executive Board of the Company from 2009 until May 2, 2012. He continued at the Company as Director of Corporationrationrate Relations and Responsibility. Previously, he was Vice President of Industrial Services at the Company between 2000 and 2009. Between 1999 and 2000, he worked as Administrative Director for Sakkivaline Oy, and between 1992 and 1999, he was Legal Counsel. Prior to that, he served as Legal Counsel at Helsinki Finnish Savings Bank between 1991 and 1992. He holds a Master of Laws degree. since 2015.
Age 60
Tenure 10 years
Phone358 1063 6111
Webhttps://www.lt.fi/fi
Mikkonen holds a Master of Laws degree.

Lassila Tikanoja Management Efficiency

The company has return on total asset (ROA) of 0.0372 % which means that it generated a profit of $0.0372 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1462 %, meaning that it generated $0.1462 on every $100 dollars invested by stockholders. Lassila Tikanoja's management efficiency ratios could be used to measure how well Lassila Tikanoja manages its routine affairs as well as how well it operates its assets and liabilities.
Lassila Tikanoja Oyj has accumulated 124.8 M in total debt with debt to equity ratio (D/E) of 106.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Lassila Tikanoja Oyj has a current ratio of 0.9, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Lassila Tikanoja until it has trouble settling it off, either with new capital or with free cash flow. So, Lassila Tikanoja's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lassila Tikanoja Oyj sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lassila to invest in growth at high rates of return. When we think about Lassila Tikanoja's use of debt, we should always consider it together with cash and equity.

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Lassila Tikanoja Oyj operates as a service company in Finland, Sweden, and Russia. Lassila Tikanoja Oyj was founded in 1905 and is headquartered in Helsinki, Finland. Lassila Tikanoja operates under Waste Management classification in Finland and is traded on Helsinki Exchange. It employs 9077 people. Lassila Tikanoja Oyj (LAT1V) is traded on Helsinki Exchange in Finland and employs 8,371 people.

Management Performance

Lassila Tikanoja Oyj Leadership Team

Elected by the shareholders, the Lassila Tikanoja's board of directors comprises two types of representatives: Lassila Tikanoja inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lassila. The board's role is to monitor Lassila Tikanoja's management team and ensure that shareholders' interests are well served. Lassila Tikanoja's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lassila Tikanoja's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sirpa Huopalainen, General Counsel, Member of the Group Executive Board
Jorma Mikkonen, Director of Corporate Relations and Responsibility, Member of the Executive Board
Inka Leisio, VP Brand
Kirsi Matero, Human Resources Director, Member of the Group Executive Board
Valtteri MSC, CFO Board
Eero M, CEO Pres
Petri QBA, Sr Board
Antti M, Sr Board
Hilppa Rautpalo, Sr Board
Antti Niitynpaa, Sr Board

Lassila Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Lassila Tikanoja a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Lassila Stock

Lassila Tikanoja financial ratios help investors to determine whether Lassila Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lassila with respect to the benefits of owning Lassila Tikanoja security.