SP stainless had a record year in 2022. Even though the global situation continued to challenge operations due to fluctuating costs and increased uncertainty.
The net sales of the previous fiscal year rose to a new record of around eight million euro at SP stainless. You can be satisfied with the result, because the reliability of delivery remained good at 98.22% of all delivered products. For the good result, we can thank above all our competent and professional personnel at both the Toivala and Savonlinna factories, CEO Arto Koljonen points out. The level of complaints is also low, which means that the quality of the manufactured products meets expectations. Both delivery reliability and complaints are important metrics for us. We strive to learn and improve our operations to meet the required level. Operations are also actively developed through internal deviations, Koljonen sums up.
SP stainless is also included in the Achievers list of the Finnish financial magazine Kauppalehti for the seventh year in a row. Kauppalehti’s Achievers companies are only a small part of Finnish limited companies, and long-term listed companies are even fewer. The thanks for this achievement also go to our staff and our customers, says Koljonen.
Challenges as in other industry players
Despite the good results, the year has not been all about dancing with roses. As fluctuations in raw material prices have challenged pricing throughout the year. However, Koljonen sees that through the investment decisions made at the end of 2022, it will be possible to build better competitiveness for the growth and development of the company. Also, the enterprise resource planning system implemented in 2021 has brought clarity to the work. Having a better overall picture of both the ongoing production and the need for materials in the coming weeks and months, as well as the load. Information is available to the whole team in a better and more organized way. We are constantly learning to better utilize the available information in development and decision-making, Koljonen clarifies.
SP Stainless has done a lot of development work over the past three years. The results of which will be reviewed in the longer term. “We are still looking for growth both with the help of new production personnel and through investments. The most important thing is still to focus on serving our customers through high-quality products and good supply reliability”, Koljonen points out.
For more information please contact
Arto Koljonen
Managing Director, CEO
arto.koljonen(at)spstainless.fi
