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Home » About us » Investors

Investors

Welcome to Citec's investor pages

On this page you will find quarterly financial reviews, annual financial statements as well as other useful information for investors.

Terms & Conditions of Sentiec Oyj’s Senior Secured Floating Rate Bonds

Sentiec Oyj – Prospectus 2021

Sentiec Oyj – Conditional Call Option Notice

Sentiec Oyj – Notice of Withdrawal of Call Option

(ISIN: SE0015503495)

Quarterly Financial Reporting

  • Citec Group Interim report Q1 2022

Looking for older reports?

Check out our archive

Annual Financial Statements

  • Financial Statements in European Single Electronic Format (ESEF)
  • Sentiec Financial statements 2021
  • Non-Financial Information Statement 2021
  • Corporate Governance Statement 2021

Looking for older reports?

Check out our archive

Subscribe to Citec Newsletter to receive Financial and Investor News

REGULATORY RELEASES

Sentiec Oyj: Interim report January-March 2022

24.05.2022
Regulatory releases

Withdrawal and cancellation of early redemption

11.05.2022
Regulatory releases

Sentiec Oyj – Conditional call to redeem its outstanding up to SEK 500,000,000 bond loan

25.04.2022
Regulatory releases

Cyient to acquire Citec to gain plant and product engineering expertise and expand its presence in Europe

25.04.2022
Regulatory releases

Sentiec Oyj: Annual reports 2021

22.04.2022
Regulatory releases

Sentiec Oyj: Financial Statements Release January-December 2021

24.02.2022
Regulatory releases
All releases

Citec in brief

Our mission is to provide right quality engineering in a flexible, cost competitive, safe and sustainable way.

At Citec we are committed for quality. The Management has the ultimate responsibility for enforcing the Quality Policy, but we think that the responsibility for correct quality lies with everyone in the organisation, and that it is every employee’s duty to follow up and fulfill the agreed procedures and instructions. We are also committed to improving and maintaining the effectiveness of the Environmental aspects, objectives and targets as stated in our Environmental policy.

In 2021 Citec Group’s full year revenue was 80 million euro with 10% EBITDA. Our medium term target is to reach more than 100 million euro in revenue and 10% EBITDA level.

With 79% Sentica Partners is Citec’s major shareholder. Citec’s founder Rune Westergård owns 17% and Citec management the remaining 4%.

Holding company Sentiec Oyj is the parent company of all Citec Group companies.

Johan Westermarck is CEO of both Citec and Sentiec.

Citec Management Team

Corporate Responsibility

Citec Operational Framework is the basis for Environmental, Social and Governance (ESG) at Citec. Within the Operational Framework, the Citec Operational policy and Citec Code of conduct govern ESG decisions and actions with a wider perspective.

Our processes are aligned over the organisational and country boarders in order to secure quality, efficiency and transparency by all. We also follow the UN Global Compact principles and proactively communicate and train personnel in the ESG matters.

Read more

Wärtsilä Energy transfers certain activities to Citec in Finland

Wärtsilä Energy has decided to increase its flexibility in close collaboration with its long-term engineering partner Citec. Wärtsilä is transferring certain mechanical & civil project engineering, project quality assurance and module & component change orders and product care activities to Citec as of October 1, 2021. Approximately 40 employees, located in Vaasa, Finland, will consequently be transferred as so-called old employees to Citec Oy Ab.

Read more

All news

Contact information

Mari Kytöharju
CFO
Citec Group
Send e-mail
Phone: +358 40 061 8763

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