Taaleri thinks that financial profitability is the best way to steer capital to responsible ownership.
Taaleri is a Finnish financial services company, whose parent company, Taaleri Plc, is listed on Nasdaq Helsinki main market. The Taaleri Group comprises three business areas: Wealth Management, Financing, and Energy. In addition, the Group makes investments from its own balance sheet. Taaleri thinks that financial profitability is the best way to steer capital to responsible ownership.
Taaleri Group’s turnover in 2019 was EUR 67,2 million. At the end of 2019 it managed EUR 7.1 billion in assets and its insurance portfolios stood at EUR 1.8 billion. Taaleri has approximately 4,700 shareholders.
Taaleri's business has developed very well, despite the challenging market conditions caused by the COVID-19 pandemic. Profitability based on commission income developed well – our Group's continuing income increased by 18 percent to EUR 29.0 million thanks to the active involvement of our personnel, and performance fees accrued from several funds totaled EUR 2.2 million during the review period. The pandemic had an impact particularly on changes in the fair value in the equity and money markets and hence on the result of Taaleri's own investments, but also on our clients' assets under management and, indirectly, on project development. Investment income fell sharply in the first quarter of the year, and although there were clear signs of improvement in the second quarter, the investment result stayed at -5.1 million euros. Taaleri's income in the review period was EUR 26.3 million, operating profit EUR 2.8 million and the operating margin was 11 per cent. Personnel expenses decreased mainly due to lower variable salaries and cost/income ratio excluding investment operations strengthened from previous period.
Since the beginning, our operations have been driven by a fearless trail-blazing spirit and the desire to keep an open mind in finding new investment opportunities for our customers.
Our highly skilled and energetic team of experts is waiting to craft the story of your ownership. To enrich your life, passionately and without preconceptions.
A strong team spirit and pride in our work have always characterised our culture. We are unflinchingly forward-looking and want to challenge traditional operating methods. We are committed to a common goal: we strongly believe that ownership belongs to everyone.
Image bank, releasese and media contact info.