Toward a comprehensive range of services

Grano’s net sales fell short of the target levels but reached MEUR 107.9. Despite the digitalization of the field, print-related products still yield the majority of the net sales. The translation business grew by 25% during the year, as the public administration’s translation needs increased due to the increased communications necessitated by the coronavirus crisis. Alongside its printing business, Grano has become a prominent producer of digital content in Finland.

In November 2021, Grano’s Senior Vice President Kimmo Kolari assumed the position of acting CEO as Pekka Mettälä stepped down from his management duties. The aim is to continue mobilizing the strategy prepared in 2019 and steering current product lineups toward more comprehensive services. Sales are being developed and customer understanding is being improved to ensure that Grano can provide its customers with the full range of content production assistance as effortlessly as possible.

Responsibility is at the core of Grano’s operations. In the past financial period, the company’s carbon footprint decreased by 10%; Grano is aiming for full carbon neutrality by 2030.

Grano predicts growth for 2022

In January 2021, the second wave of the coronavirus pandemic swept through Finland and deteriorated demand across the subsidiaries Grano Oy, Grano Digital Oy and Grano Diesel Oy. Due to the strain imposed by the challenging extraordinary circumstances, occupational well-being was chosen as a major strategic theme for 2022. Particularly sizeable investments are now being made in the coping and motivation of employees.

The coronavirus crisis has also resulted in uncertainty and unpredictability in the operating environment. That said, the field is beginning to show positive signs. For example, events and trade fairs are in the process of recovery. As such, Grano is expecting growth in 2022, provided that the company does not need to pump the brakes due to the coronavirus situation.

Panostaja continued its active role

This year, Grano has been particularly grateful for Panostaja’s active role in sparring the management. Panostaja’s support has made it easier to develop Grano’s internal operations and drive the organization forward. Panostaja has also provided much-needed vision and assistance for the development of financial systems and for management team efforts. Over the course of the past financial year, Grano worked with Panostaja to focus on risk management, data security and data protection. The assistance gained from sparring with Panostaja’s portfolio companies has also been rewarding.