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Hanna Inget appointed to Luotea’s Executive Management Team to lead the company’s growth and customer experience
Globenewswire· 2026-02-09 09:30
Group 1: Appointment of Chief Commercial Officer - Luotea has appointed Hanna Inget as the Chief Commercial Officer, effective from March 1, 2026, responsible for growth, commercial operations, and customer experience [1] - CEO Antti Niitynpää emphasizes the strategic significance of Inget's appointment, highlighting her experience in international growth, profitability, and digital transformation [3] Group 2: Company Strategy - Luotea's strategy aims for annual growth of 4-5%, enhancing customer experience, and developing data-driven, technology-enabled service models to improve service quality and sustainability [2] - Inget's role is critical in executing this strategy, focusing on customer-centric services and ambitious growth targets [3] Group 3: Inget's Background and Experience - Inget has extensive experience in leading international service businesses, previously serving as CEO of 24 Center, where she improved profitability and led international expansion [4] - Prior to 24 Center, Inget held various leadership roles at KONE for over ten years, focusing on global digital solutions and customer project planning [4] Group 4: Company Overview - Luotea is a facility service company providing comprehensive solutions throughout the lifecycle of properties, with a revenue of €346 million in 2024 and approximately 5,000 employees [7]
Capital Markets Day of the future Luotea Plc and Lassila & Tikanoja Plc today, 26 November
Globenewswire· 2025-11-26 06:00
Core Viewpoint - Lassila & Tikanoja Plc is undergoing a demerger, creating a new independent company focused on circular economy, named New Lassila & Tikanoja, while the existing company will be renamed Luotea Plc, focusing on facility services [1][3]. Company Overview - The demerger plan was approved on 7 August 2025, with the new company expected to be listed on Nasdaq Helsinki Ltd [1][3]. - The Capital Markets Day is scheduled for 26 November 2025, focusing on the business prospects and strategies of both New Lassila & Tikanoja and Luotea [2][4]. Business Focus and Strategy - Luotea will concentrate on facility services, providing comprehensive solutions throughout the lifecycle of buildings, emphasizing energy efficiency and smart technologies [6][7]. - The target market size for Luotea is approximately EUR 12.2 billion, with an expected annual growth rate of about 4% [8]. Financial Performance - Preliminary unaudited financial information for Luotea shows net sales of EUR 347.4 million, with an adjusted EBITDA of EUR 20.0 million and an adjusted EBITDA margin of 5.8% for the period from 1 October 2024 to 30 September 2025 [15][16]. - The company aims for an average annual organic revenue growth of 4–5% and an adjusted EBITA margin exceeding 5% in the mid-term [17]. Customer Base and Market Position - Luotea has a diverse customer base of over 6,000 clients, with a low turnover rate, and has optimized its contract portfolio to increase high-profitability contracts [10][11]. - The company is positioned to leverage cross-selling opportunities and expand into new segments, particularly in the public sector [14].