Tamro in Brief
Highest quality in partnerships
With its roots in Tampere, Finland, Tamro Group’s history dates back to 1895. Today we are the leading pharmaceutical wholesaler in Northern Europe, with operations in eight countries spanning from the Nordic countries to the Baltic countries and Poland.
Tamro focuses on delivering pharmaceutical products to pharmacies. In those countries where liberalisation of pharmacy ownership advances, we aim at extending our operations to the ownership of pharmacies. This is done in order to secure our market position in our core business, pharmaceutical wholesaling. At present time Tamro owns pharmacies in Norway, Estonia, Latvia and Lithuania.
We all have one thing in common – the vital need for medicines. Medicines preserve life and Tamro has a crucial role in the healthcare chain. Tamro’s strategy is based on the desire to create close partnerships with all our customers – pharmacies, health centres, hospitals and the end consumer. To further deepen this co-operation, Tamro provides its know-how in the warehousing and distribution of medicines in a reliable and cost efficient manner.
Tamro’s net sales amounted to over 5.4 billion euros in the financial year 2006/07. With approximately 4,700 employees, Tamro is a fully owned subsidiary of PHOENIX Group. PHOENIX Group is the third largest pharmaceutical wholesaler in Europe headquartered in Mannheim, Germany.
Vision
As the leading pharmaceutical distributor in northern Europe, we continually want to develop our strong position in pharmaceutical distribution by being the most efficient, highest quality partner for our suppliers and customers.
Mission
We provide value adding and sustainable solutions to healthcare and the pharmaceutical industry. We are committed to the success of our customers and we share a common target with them: the health and well-being of consumers.
Values
- Commitment to customer success
- Openness, trust and appreciation
- Daily improvement
- Strong ethics
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| FINANCIAL HIGHLIGHTS |
|
2006/07 |
2005/06 |
| |
| |
|
|
|
| Net sales |
EURm |
5 464,5 |
4 856,8 |
| Sales outside Finland |
EURm |
4 395,6 |
3 758,7 |
| of consolidated net sales |
% |
80,4 |
77,4 |
| Other income |
|
6,3 |
7,6 |
| Operating expenses |
EURm |
5 319,7 |
4 713,0 |
| Depreciation |
EURm |
-33,7 |
-34,9 |
| Operating profit |
EURm |
117,4 |
116,5 |
| Operating margin |
% |
2,1 |
2,4 |
| Profit before
extraordinary items |
EURm |
111,4 |
111,1 |
| Extraordinary items |
EURm |
48,5 |
0,0 |
| Profit before taxes |
EURm |
159,9 |
111,1 |
| Income taxes |
EURm |
-33,2 |
-28,1 |
| Net profit for the
period |
EURm |
126,4 |
82,8 |
| Free cash flow |
EURm |
152,0 |
95,1 |
| |
|
|
|
| Return on capital employed |
% |
40,7 |
28,3 |
| Return on equity |
% |
36,8 |
24,9 |
| Earnings per share |
EUR |
1,10 |
0,72 |
| Dividend per share |
EUR |
0,60 |
0,20 |
| |
|
|
|
| Net gearing |
% |
-0,7 |
26,4 |
| Investments |
EURm |
35,1 |
71,8 |
| Number of employees, average |
|
4 693 |
4 223 |
|
| |
| Tamro Group in 2006/07 |
| |
| Net sales |
EURm |
5,464.5 |
| Operating profit |
EURm |
117.4 |
| Operating margin |
% |
2.1 |
| Free cash flow |
EURm |
152.0 |
| Number of employees, average |
|
4,693 |
|