Fiskars Oyj Abp
HLSE:FSKRS
17.16
0.00€ (0.00%)
17.16
0.00€ (0.00%)
End-of-day quote: 05/18/2024

Fiskars Oyj Abp Stock

About Fiskars Oyj Abp

Fiskars Oyj Abp engages in manufacture, distribution, and sale of consumer products worldwide. Other businesses include manufacturing and marketing of aluminum boats, real estate operations and a strategic shareholding in Wartsila Oyj Abp qualifying as an investment in an associate. Fiskars Oyj Abp share price history

Fiskars Brands, Inc.

Fiskars Brands, Inc. manufactures consumer products. The branded consumer products range from cutting tools for home and office, through garden products and outdoor recreational tools, to housewares and consumer electronics. Fiskars Brands operates in approximately 20 countries on four continents. During 2004, Fiskars Brands divested itself into five product categories that include School, Office and Craft; Garden and Outdoor Living; Outdoor Recreation; Housewares; and Consumer Electronics.

School, Office and Craft: Fiskars Brands is the manufacturer and marketer of scissors and other tools for home, hobby- and work-related activities.

Garden & Outdoor Living: Fiskars Garden and Outdoor Living group manufactures garden, landscaping, and watering products in the United States, Finland, Norway, Germany, the United Kingdom, Poland and Russia. In all markets the main brand is Fiskars.

Outdoor Recreation: The Outdoor Recreation group markets its ranges of hunting, fishing, biking and camping equipment predominantly in the United States and Canada. The group operates under the US-based company Gerber Legendary Blades. The products are sold to both professional and consumer users. Fiskars Oyj Abp share price history

Housewares: The Housewares group makes a variety of products for the home kitchen, including premium cutlery, cookware, a range of kitchen utensils, and Fiskars scissors in various versions. The Housewares group focuses primarily on the Fiskars, Montana and Raadvad brands. In March, Fiskars Brands, Inc. bought the manufacture and marketing of GINGHER branded scissors.

Consumer Electronics: The Consumer Electronics group makes products for use in the home and office. They include devices to protect electrical appliances from power surges, portable connecting devices, USB, and A/V satellite products.

Market: Fiskars Brands markets in the United States, Finland, United Kingdom, Germany, Norway, Italy, Poland and Russia, and are sold through national and global retailers worldwide.

Inha Works

Inha Works, Ltd. designs, manufactures and markets Buster aluminum boats and Fiskars hinges. It offers buster aluminum boats, hinges to the door and window industry, special-purpose radiators, and rail fasteners. The main markets are the Nordic countries and others in the Baltic Sea region. The primary markets for the third product group, forged rail fasteners, are Finland and Sweden.

Real Estate Group

The Real Estate Group handles the management and upkeep of 15,000 hectares of real estate. Most of the properties, some 11,000 hectares, are located in and around the Fiskars Village.

Ferraria: The 4,000 hectares of Fiskars real estate located on the Hanko peninsula are held by the Fiskars-owned real estate company Ferraria.

The forests: In southwest Finland Fiskars uses its areas of wilderness and commercial forests for traditional forestry and farming in accordance with long-term plans. The Laatupuu (Quality Wood) sawmill in Fiskars Village supplies wood for specialist uses, such as the furniture-making industry.

The environment: Some 10 percent of the company’s land in the Uusimaa and Varsinais-Suomi districts is included in various nature conservation plans either through deed or its own corporate ownership.

Wartsila

In Wartsila Corporation, Fiskars holds 28.1 per cent of votes and 20.5 per cent of its shares. Wartsila is the Ship Power Supplier for builders, owners and operators of vessels and offshore installations. Wartsila provides power plants, operation and lifetime care services in decentralized power generation.

Ship Power: Wartsila is The Ship Power Supplier. Wartsila supplies engines, propulsion and control systems for all types of marine vessels and offshore applications.

Service: Wartsila supports its customers throughout the lifetime of their installations. Wartsila provides service and reconditioning both for ship machinery and power plants. The company offers various engine brands in key ports, long-term service contacts, predictive and condition-based maintenance, and operations and maintenance contracts.

Power Plants: Wartsila supplies power plants for decentralized power generation. It offers power plant solutions based on oil, gas and dual-fuel engines.

Imatra Steel: Imatra Steel is Wartsila’s special engineering steels company. Imatra Steel produces round, square and flat special steel bars, forged engine and front axle components. Its customers are European automotive and mechanical engineering companies.

Markets

The company offers its products in North America, Europe, Scandinavia, and Finland.

History

Fiskars Oyj Abp was founded in 1649.

Country
Founded:
1649
IPO Date:
01/02/1992
ISIN Number:
I_FI0009000400

Contact Details

Address:
Keilaniementie 10, P.O. Box 91, Espoo, Uusimaa, 02151, Finland
Phone Number
358 204 3910

Key Executives

CEO:
Ahlstrom, Nathalie
CFO
Siitonen, Jussi
COO:
Data Unavailable