Press release 13.3.2015: MSc announces double digit growth and good profitability in 2014
13.03.2015
After the functional integration and re-organization of both MSc companies (MSc Traction Oy and MSc electronics Oy, later as MSc) the companies has started to increase profitable turnover. The year 2014 ended up with 18% increase in turnover and EBIT was in good 8,5% level.
Total turnover of 3,4 MEUR and 0,29 MEUR EBIT are achievements of which MSc and all its employees should be proud of. Direct export sales to 16 different countries was totalling appr. 50% of the turnover.