St1 Nordic Oy is a privately owned Nordic energy Group whose vision is to be the leading producer and seller of CO₂-aware energy.
St1 focuses on fuels marketing activities, oil refining and renewable energy solutions such as waste-based advanced ethanol fuels and industrial wind power. The group has 1400 St1 and Shell branded retail stations in Finland, Sweden and Norway. Headquartered in Helsinki, St1 employs currently some 750 people in Finland, Sweden and Norway.
Our operations are strengthened by strategic long-term partnerships in various areas.
North European Oil Trade Oy is a significant independent fuel supply company in the Baltic region.
TuuliWatti Oy is the leading operator in industrial wind power in Finland.
Aviation Fuelling Services Norway AS is an aviation fuelling services provider in the Norwegian market.
While fossil fuels are still our main source of income, it allows us to build world-class expertise in introducing more and more renewable energy to the market. Our customers benefit from the competitive edge we gain by managing the complete value chain from raw materials and energy sources to service at the pump.
St1 Nordic’s Corporate Responsibility
A responsible company must ambitiously take in the big picture at all times. We must keep abreast of what’s going on in the world and understand what clients will need in the future. We base our growing energy business in Nordic society values. As a Nordic corporate citizen, we believe in transparency, fairness, responsibility, equal opportunities and social security - resulting in equal education and health care.
St1’s vision is to be the leading producer and seller of CO₂-aware energy. While fossil fuels are still our main source of income, it allows us to build world-class expertise in introducing more and more renewable energy to the market
The key enablers of our solid performance are our world-class people, partners, business technology, financing services, and cash flow together with our return on equity. Our financial performance enables new sustainable investments in renewable energy. Passion for replacing fossil fuels also powers our research and development of new, sustainable and innovative CO₂-aware energy solutions. Our customers benefit from the competitive edge we gain by managing the complete value chain from raw materials and energy sources to service at the pump.
Based on such an understanding and on demand, we are solving global energy challenges by taking steps in a direction where we move ourselves from a fossil world into a renewable world. We try to ensure that everything we do in our whole value chain is based on world-conquering mentality and passion.
|2017||Investments||Personnel costs||Excise and property taxes||Income taxes|
|Finland||51,8 M EUR||23,4 M EUR||681,0 M EUR||10,1 M EUR|
|Sweden||34,4 M EUR||32,9 M EUR||796,8 M EUR||26,0 M EUR|
|Norway||17,1 M EUR||15,7 M EUR||638,6 M EUR||15,6 M EUR|
|St1 Nordic Group||2017 proforma unaudited||2017||2016||2015||2014||2013|
|Net sales, MEUR||6540.7||5099.8||4390.4||3602.4||2720.8||1678.0|
|Operating profit/loss, MEUR||263.1||176.6||150.5||86.7||45.3||32.9|
|Operating profit, % of net sales||4.0||3.5||3.4||2.4||1.7||2.0|
|Profit for the period, MEUR||209.1||372.8||112.7||72.4||38.2||25.8|
|Return on equity, %||23.4||30.9||28.0||24.0||23.1|
St1 Group Oy was merged into St1 Nordic Oy on 31 December 2017.
St1 has strong market positions in all countries we operate in.
At the end of 2017, our retail station network consisted of 1370 sites. In Finland there were 219 Shell-branded and 258 St1-branded stations in operation, and in Sweden 201 Shell stations and 288 St1 stations. In Norway there was a total of 404 Shell stations.
|Market Shares 2017||Finland||Sweden||Norway|
|Light Fuel Oil||23.2||22.4|
|Marine Gas Oil||23.9|
St1 Nordic Corporation, a privately owned company, has issued a senior unsecured EUR 100 million bond. St1 Nordic Corporation's first bond was listed on 9th of June 2014 on the First North Bond Market Finland operated by NASDAQ OMX Helsinki Oy.
St1 Nordic has launched a EUR 150 million commercial paper program. Funds will be used for short-term working capital purposes. Danske Bank and Nordea act as dealers of the programme.
3 April 2018 - Financial Statements Release for the year 2017
30 April 2018 - Publication of the Integrated Report 2017
31 August 2018 - Publication of January – June 2018 Interim Report
If you have any questions regarding the business or investor relations activities of St1 Nordic Corporation, please do not hesitate to contact us.
St1 Nordic Oy
P.O. Box 100, Purotie 1
FI-00381 Helsinki, Finland
The Annual General Meeting shall be held each year within six (6) months of the end of the previous financial year, on a date determined by the Board of Directors.
At the Annual General Meeting, the following shall be decided:
The professional competence of the management personnel of St1 is the company's greatest asset. Expertise and commitment will ensure the company's competitiveness and ensure its prosperity in the long term. The company management and personnel are responsible for developing adopting and implementing plans and functions to attain the company's goals. Attaining goals is important, but so are the means for attaining them. The company management and personnel are expected to comply with the highest principles of business ethics.
St1 Nordic Oy
St1 Oy, St1 Norge AS
St1 Sverige AB
St1 Renewable Energy
Director, Public Affairs
St1 Supply AB
St1 Refinery AB
Chairman of the Board of Directors
St1 Nordic Oy
eQ Varainhoito Oy
St1 Nordic Oy