OverviewSuggest Edit

Caverion is a company that designs, builds, operates, and maintains technical solutions for buildings, industries, and infrastructure. It offers building systems in properties, including HVAC systems, security, fire safety, and telecommunications systems, as well as the automation that controls them. The company’s operations are divided into two segments: Projects and Services. The Project segment comprises technical installation and large projects, while the Services segment includes technical maintenance and managed services.

TypePublic
Founded2013
HQVantaa, FI
Websitecaverion.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Apr 2022)14,773(+4%)
Share Price (May 2022)€4.6(+3%)
Cybersecurity ratingBMore
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Key People/Management at Caverion

Ari Lehtoranta

Ari Lehtoranta

President and CEO
Markus Ehrnrooth

Markus Ehrnrooth

Vice Chairman
Milena Hæggström

Milena Hæggström

Head of Investor Relations
Thomas Hietto

Thomas Hietto

Deputy CEO, Caverion Services and Sales Development & Marketing
Anne Viitala

Anne Viitala

Executive Vice President, Legal & Compliance and Group General Counsel
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Caverion Office Locations

Caverion has offices in Vantaa, Helsinki, Rauma, Salo and in 18 other locations
Vantaa, FI (HQ)
Torpantie 2
Helsinki, FI
Panuntie 11
Rauma, FI
Kairakatu 1
Salo, FI
14 Örninkatu
Fredericia, DK
Vejlevej 123
Skovlunde, DK
18 Literbuen
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Caverion Financials and Metrics

Caverion Revenue

USD

Market capitalization (10-May-2022)

628.2m

Closing stock price (10-May-2022)

4.6

Cash (31-Dec-2021)

130.9m

EV

768.8m
Caverion's current market capitalization is €628.2 m.
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Cash

51.2m93.6m149.3m130.9m

Accounts Receivable

311.6m329.6m316.5m346.0m

Prepaid Expenses

19.7m24.9m18.5m21.1m

Inventories

16.9m18.8m16.3m16.9m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

101.3m103.6m83.4m113.2m130.2m84.8m166.2m113.7m81.5m

Accounts Receivable

270.0m269.9m274.1m272.3m264.0m269.8m270.7m311.0m288.9m

Prepaid Expenses

3.5m2.6m2.6m2.8m2.0m3.3m2.4m2.5m2.9m

Inventories

16.8m17.2m16.8m18.4m19.1m21.2m16.1m16.6m16.6m
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(48.1m)22.6m8.6m25.1m

Depreciation and Amortization

27.1m67.6m72.2m22.0m

Inventories

1.8m2.4m(500.0k)

Accounts Payable

(37.1m)10.4m35.9m19.9m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

3.0m(4.1m)10.5m1.6m3.7m13.8m6.8m15.6m30.2m
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Caverion Operating Metrics

FY, 2017Q1, 2018Q2, 2018FY, 2018Q1, 2019Q2, 2019Q2, 2020FY, 2019Q1, 2020

Countries

121211

Order Backlog

€1.49 b€1.54 b€1.6 b€1.49 b€1.58 b€1.7 b€1.74 b€1.67 b€1.77 b

Service Vehicles

4.6 k4.6 k

Spaces in Service

30 k30 k30 k
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Caverion Acquisitions / Subsidiaries

Company NameDateDeal Size
Gunderlund A/SMarch 09, 2020
Refrigeration Solutions business of Huurre Group OyNovember 29, 2019
Pelsu Pelastussuunnitelma OyOctober 14, 2019
Jetitek OyNovember 19, 2018
Sähkötaso Esitystekniikka OyMay 03, 2016
Arneg KühlmöbelJanuary 19, 2016
Esco NorwayFebruary 26, 2015
Caverion Danmark A/S
Caverion Deutschland GmbH
Caverion Eesti AS
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Caverion Revenue Breakdown

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Caverion revenue breakdown by business segment: 32.8% from SERVICE & MAINTENANCE, 17.2% from PROJECTS and 50.0% from GROUP SERVICES AND OTHER ITEMS

Human Capital Metrics

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Caverion Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Caverion Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Caverion Online and Social Media Presence

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Caverion News and Updates

Caverion Jatkaa vr Groupin Kiinteistöjohtamisen Yhteistyökumppanina – Palvelu Kattaa Kiinteistöt Helsingistä Kolariin

Caverion ja VR Group ovat tehneet sopimuksen yhteistyön jatkamisesta kiinteistöjohtamisen palveluissa. Caverionin palvelut kattavat ympäri maata sijaitsevat VR Groupin kiinteistöt, joiden kokonaispinta-ala on yli 500 000 neliömetriä

Publishing of Caverion Corporation's Financial Statement Release for 2020 on 11 February 2021

Caverion will hold a news conference on the Financial Statement Release as a live webcast at www.caverion.com/investors on Thursday, 11 February 2021, at 10.00 a.m. Finnish time (EET). Due to the coronavirus pandemic, the news conference cannot be attended in person

Caverion’s Long-Term Partnership With PVO-Vesivoima in the Operation and Maintenance of Hydropower Plants Continues

Caverion has signed an agreement with PVO-Vesivoima Oy for the continuation of operation and maintenance service at the Kokemäenjoki, Iijoki and Kemijoki hydropower plants in Finland. The agreement will ensure the continued cost efficiency of maintenance and high availability of PVO-Vesivoima’s hydr…

Change in Caverion’s Group Management Board: Manfred Simmet Appointed as a Transitional Head of Caverion’s Division Germany

Manfred Simmet (born 1966, Engineer) has been appointed as a transitional Head of Caverion’s Division Germany as of 19 January 2021. He will also continue in his current position as the Head of Caverion’s Division Austria and a member of the Group Management Board of Caverion Corporation. His expert…

PostNord Chooses Caverion as Its Interim Facility Management Partner in Denmark, Sweden and Finland

PostNord, the leading supplier of communications and logistics solutions within the Nordic Region, and Caverion have reached an interim agreement for facility management services in Denmark, Sweden and Finland. The partnership includes technical maintenance and customer center (Caverion Help Desk) s…

City of Helsinki Chooses Caverion as Its Partner to Improve the Energy Efficiency of Public Premises – Pilot Projects Aim to Cut CO2 Emissions by 30%

The City of Helsinki has selected Caverion as its partner for energy efficiency services. Projects improving the energy efficiency of Liikuntamylly (multipurpose sports facility) in Myllypuro and the properties in the civil defence shelter in Kontula, Helsinki will be implemented as pilot projects
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Caverion Frequently Asked Questions

  • When was Caverion founded?

    Caverion was founded in 2013.

  • Who are Caverion key executives?

    Caverion's key executives are Ari Lehtoranta, Markus Ehrnrooth and Milena Hæggström.

  • How many employees does Caverion have?

    Caverion has 14,773 employees.

  • Who are Caverion competitors?

    Competitors of Caverion include Dalkia, Bravida and Newmark.

  • Where is Caverion headquarters?

    Caverion headquarters is located at Torpantie 2, Vantaa.

  • Where are Caverion offices?

    Caverion has offices in Vantaa, Helsinki, Rauma, Salo and in 18 other locations.

  • How many offices does Caverion have?

    Caverion has 25 offices.