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Exel Composites

2019-07-12 03:55:02
Exel Composites Oyj
Julkinen osakeyhtiö
Traded asNasdaq Helsinki: EXL1V
Founded1960 (1960)
FounderYrjö Aho
Area served
Key people
Riku Kytömäki (CEO)[1]
  • Composite profiles and tubes
  • Sports equipment (defunct)
Revenue€62.3million (2013)[2]
Operating income
€4.843million (2013)[2]
Number of employees
408 (2013)[2]

Exel Composites Oyj (formerly known as Exel Oyj) is a Finnish technology company. At present, the company designs, manufactures and markets composite profiles and tubes for industrial applications,[3] but in the past, the company has produced a number of different products, such as earmuffs, ski and trekking poles, and other sports equipment.[3][4] Exel was founded in 1960 by Yrjö Aho.[5] The name Exel came from a combination of the words explosive electronics.[5] At that time, the company produced electric blasting caps.[5]


  1. ^ "Members of the Group Management Team". Exel Composites. Retrieved May 28, 2012.
  2. ^ a b c "Annual Report 2013" (PDF).
  3. ^ a b "About Exel Composites". Exel Composites. Retrieved May 28, 2012.
  4. ^ Mikkonen, Antti (February 20, 2002). "Exel-samppaa Utahissa". Talouselämä (in Finnish). Talentum. Retrieved May 28, 2012.
  5. ^ a b c Tiainen, Olli-Pekka (January 5, 2001). "Räjähteistä ratakiskoihin". Taloussanomat (in Finnish). Sanoma News. Retrieved May 28, 2012.