Frequently Asked Questions

Aspo operates in three B2B areas through its businesses: ESL Shipping (sea infrastructure), Telko (plastics, industrial chemicals and lubricants), and Leipurin (raw materials and services for bakeries and the food industry).

Aspo’s strategy emphasizes value creation, maximizing shareholder value, responsible investments, and the development of its businesses. We are currently evaluating our strategic alternatives.

The main alternatives are:

• a partial demerger of Aspo (Aspo Compounder & Aspo Infra), or

• a divestment of ESL Shipping.

For Aspo, it is essential to find the best solution for ESL Shipping and Telko in terms of value creation and the development of the businesses. Both companies have ambitious growth plans.

Our aim is to complete either the divestment of ESL Shipping or the partial demerger of Aspo by the end of 2026, taking into account market conditions. With this change, we aim to maximize shareholder value.

Read more about our strategy here.

Very little. For this reason, Aspo is undergoing strategic changes that also offer interesting opportunities for investors.

Read more in the Aspo as investment section.

Aspo publishes its financial results four times a year. You can find Aspo’s upcoming publication dates in our investor calendar.

Aspo is listed on Nasdaq Helsinki.

Basic share information:

ISIN Code: FI0009008072

Trading Code: ASPO

Reuters: ASPO.HE

Bloomberg: ASPO FH

List: Mid Cap

GICS Classification: Industrials

You can learn more about our share in the Aspo share section.

Aspo’s dividend growth is based on positive profitability development with the aim to pay-out annually up to 50% of net profit as dividend. The goal is to gradually increase the amount of dividends, while considering financing needs of growth initiatives with strategic priority.

Read more about our dividend policy and dividend payment history here.

Aspo currently has more than 11,000 shareholders. We have traditional family ownership, including owners from for example Nyberg and Vehmas families. Also pension insurance companies are among our significant shareholders.

You can find the list of the largest shareholders on our website in the Shareholders section.

The share price and its development can be followed on our website in the Share price section.

All results materials can be found on the Reports and presentations page.

You can also find a summary of our most recently published results in our results center.

You can find a comprehensive view of Aspo as an investment, including financial targets and reports, in the Aspo as an investment section.

5 reasons to consider Aspo as an investment

Transformation

Our vision is to form two separate companies. With the change, we want to maximize shareholder value.

Clear business strategies

Our businesses are building a strong basis for independent companies.

Growth ambition

Our businesses have ambitious growth plans.

Dividend policy

Aspo’s dividend growth is based on positive profitability development with the aim to pay out annually up to 50% of net profit as dividend.

Sustainability

With leading expertise, our businesses support the green transition of the customers.

Aspo’s Board of Directors consists of:

Heikki Westerlund (Chair), Patricia Allam, Annika Ekman, Mikael Laine, Tapio Kolunsarka, Kaarina Ståhlberg and Tatu Vehmas.

Learn more about the members of our Board of Directors here.

Rolf Jansson has served as Aspo’s CEO since 2021.

Aspo’s Group Executive Committee consists of:

Rolf Jansson (CEO), Taru Uotila (SVP, Legal & Sustainability), Karri Kivi (SVP, Corporate Development), Matti-Mikael Koskinen (MD, ESL Shipping), and Miska Kuusela (MD, Leipurin).

Learn more about the members of our Group Executive Committee here.

Sustainability is at the core of Aspo’s business and strategy. It guides our investments, customer collaboration, and value chain management. We focus on mitigating and adapting to climate change by reducing emissions, improving energy efficiency, and increasing the use of renewable solutions.

Our goal is to be a forerunner in the green transition – through concrete actions that help transform our industries and build a more sustainable future.

Learn more about sustainability here.

You can find comprehensive information about our financing structure on our website in the Financing structure section.

Aspo was founded in 1929. Learn more about our history here.

We currently have approximately 800 professionals in 18 countries.