Mipro Oy’s excellent business performance and strong development in business volumes have resulted in Achiever and Growth company statuses awarded by Kauppalehti Oy, Finland’s leading business media, for the year 2018.
Mipro’s managing director Juha Nurmi says that the success of the company is based on persistent work and knowledge which are now culminating in a stable and profitable growth:
“It is Mipro’s personnel who we can thank for the success. At Mipro we have done right things at the right time and invested in the development of operations. We have believed that focusing on cooperative development work with customers will bear fruit. These are things our company wants to focus on in the future as well.”
Balance Consulting, the analysis unit of Kauppalehti Oy, has granted Achiever status to Mipro Oy based on the following characteristics of a stable business:
- solid growth;
- good financial results and profitability;
- a strong financial structure and liquidity to ensure continued operatio;
- risk bearing capacity.
A comparison of these key indicators has put Mipro Oy in the top tier of its own industry and the entire country. The results indicate as well that the success will continue.
Mipro Oy has been able to grow substantially during the previous three years and has, therefore, earned its status as a Growth Company 2018. In three years, the average annual revenue growth of the company receiving Kauppalehti’s Growth Company certificate has been more than 10 percentage points faster than the average in its main industry category. The revenue must be on the increase in the most recent measurement year as well.