NESTE OYJ |
Market Closed -
Other stock markets
|
After market 03:45:00 pm | |||
| 25.72 EUR | -0.31% |
|
25.64 | -0.31% |
| 05:53pm | New Jersey Resources Unit to Use Neste's Renewable Diesel to Fuel Part of Fleet | MT |
| 04:53pm | New Jersey Resources to Switch 70 Medium-Duty Trucks to Renewable Diesel -- OPIS | DJ |
Business Summary
- production and sale of petroleum products (41.7%): fuels, fuel oils, heavy fuel oils, lubricants, solvents, liquefied petroleum gases and bitumen;
- production of renewable fuels (35.8%): owns 3 refineries located in Finland, Singapore and the Netherlands;
- distribution of oil products to end-users (22.3%): owns, at the end of 2023, a network of 948 service stations located in Finland (722), Estonia, Latvia and Lithuania (226);
- other (0.2%).
Net sales are distributed geographically as follows: Finland (28.4%), Nordic countries (14.3%), Baltic countries (7.5%), Europe (20.8%), Americas (28.1%) and other (0.9%).
Number of employees: 5,951
Sales per Business
| EUR in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Oil Products
41.7
%
| 10,223 | 39.8 % | 9,566 | 41.7 % | -6.43% |
Renewable Products
35.8
%
| 9,640 | 37.5 % | 8,212 | 35.8 % | -14.81% |
Marketing & Services
22.3
%
| 5,818 | 22.6 % | 5,123 | 22.3 % | -11.95% |
Others
0.1
%
| 26 | 0.1 % | 26 | 0.1 % | 0.00% |
Sales per region
| EUR in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Finland
28.4
%
| 8,459 | 32.9 % | 6,515 | 28.4 % | -22.98% |
North and South America
28.1
%
| 5,685 | 22.1 % | 6,437 | 28.1 % | +13.23% |
Other European Countries
20.8
%
| 5,131 | 20.0 % | 4,775 | 20.8 % | -6.94% |
Other Nordic Countries
14.3
%
| 4,348 | 16.9 % | 3,278 | 14.3 % | -24.61% |
Baltic Rim
7.5
%
| 1,850 | 7.2 % | 1,715 | 7.5 % | -7.30% |
Other Countries
0.9
%
| 234 | 0.9 % | 205 | 0.9 % | -12.39% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Matti Lehmus
CEO | Chief Executive Officer | 50 | 96-12-31 |
| Director of Finance/CFO | 59 | 22-05-07 | |
Bart Leenders
CTO | Chief Tech/Sci/R&D Officer | - | 09-12-31 |
Anssi Tammilehto
IRC | Investor Relations Contact | - | - |
Carl Nyberg
PRN | Corporate Officer/Principal | 45 | 04-12-31 |
Panu Kopra
SAM | Sales & Marketing | 52 | 95-12-31 |
| General Counsel | 50 | 17-05-21 | |
| Corporate Officer/Principal | 58 | 21-11-30 | |
| Human Resources Officer | 58 | 89-12-31 | |
Minna Aila
PRN | Corporate Officer/Principal | 58 | 20-03-31 |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
Matti Kähkönen
CHM | Chairman | 68 | 17-01-26 |
| Director/Board Member | 62 | 22-12-31 | |
Eeva Sipilä
BRD | Director/Board Member | 51 | 22-03-29 |
| Director/Board Member | 67 | 22-03-29 | |
| Director/Board Member | 64 | 21-03-29 | |
| Director/Board Member | 53 | 20-05-17 | |
| Director/Board Member | - | 20-05-17 |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 769,211,058 | 483,637,883 ( 62.87 %) | 1,011,311 ( 0.1315 %) | 62.87 % |
Holdings
| Name | Equities | % | Valuation |
|---|---|---|---|
NESTE OYJ 0.13% | 1,011,311 | 0.13% | 27,414,619 $ |
Company contact information
Group companies
| Name | Category and Sector |
|---|---|
B J B LLC
 B J B LLC Financial ConglomeratesFinance Part of Neste Corp., B J B LLC is a private investment group. The private company is located in US. |
Financial Conglomerates
|
Neste Engineering Solutions Oy
 Neste Engineering Solutions Oy Oil & Gas ProductionEnergy Minerals Neste Engineering Solutions Oy provides technology, engineering, and project services for the oil and gas, petrochemicals, chemicals, biorefining, biochemicals, and biopharma industries. The company was founded on June 23, 1999 and is headquartered in Porvoo, Finland. |
Oil & Gas Production
|
Neste Oil AB
 Neste Oil AB Wholesale DistributorsDistribution Services Part of Neste Corp., Neste Oil AB helps customers in the transport, urban development, aviation, polymer, and chemical industries to make their operations more sustainable. The private company is based in Västernorrland County, Sweden. Neste Oil is involved in expanding its collaboration with Itochu to become the official distributor of Neste MY Renewable Diesel™. Additionally, Västflyg Trollhättan-Vänersborg airport will be the first in the world to offer only renewable aviation fuel, with Neste as the supplier. The Swedish company is contributing to Sweden's goal of reducing carbon dioxide emissions from the transport sector by 70%% by 2030 and achieving complete fossil fuel independence by 2045. |
Wholesale Distributors
|
Chevron Base Oils Belgium NV
 Chevron Base Oils Belgium NV Oil Refining/MarketingEnergy Minerals Neste Oil NV refines oil and petroleum products. The company was founded in 1993 and is headquartered in Beringen, Belgium. |
Oil Refining/Marketing
|
Neste Markkinointi Oy
 Neste Markkinointi Oy Oil Refining/MarketingEnergy Minerals Part of Neste Corp., Neste Markkinointi Oy is a Finnish company that produces renewable jet fuel, diesel and renewable raw material for the polymer and chemical industry. The private company is based in Espoo, Finland. Matti Lehmus has been the CEO of the company since 1998. |
Oil Refining/Marketing
|
Neste Singapore Pte Ltd.
 Neste Singapore Pte Ltd. Marine ShippingTransportation Part of Neste Corp., Neste Singapore Pte Ltd. is a Finnish company that provides marine transportation of feedstocks and products. The private company is based in Espoo, Finland. The CEO of the company is Arvo Ruotsalainen. |
Marine Shipping
|
Internationale Handelmaatschappij DEMETER BV
| |
Neste Canada, Inc.
 Neste Canada, Inc. Oil Refining/MarketingEnergy Minerals Part of Neste Corp., Neste Canada, Inc. produces fuel additives. The private company is located in Canada. |
Oil Refining/Marketing
|
Neste (Suisse) SA
 Neste (Suisse) SA Wholesale DistributorsDistribution Services Part of Neste Corp., Neste (Suisse) SA is a Swiss company that wholesales petroleum products. The private company is based in Vernier, Switzerland. |
Wholesale Distributors
|
Sector
Sales per Business
Sales per region
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -20.15% | 21.13B | |
| +13.74% | 223B | |
| +10.46% | 105B | |
| +13.69% | 102B | |
| +32.18% | 70.27B | |
| +16.51% | 65.12B | |
| +25.69% | 53.53B | |
| +26.39% | 36.83B | |
| +28.34% | 27.85B | |
| -14.13% | 20.63B |
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