& Arabia Design Center in Helsinki, which presents the story of the brands and organizes activities. Fiskars recorded net sales of 1,204.6 million euros and an adjusted operating profit of 93.8 million euros. Cash flow from operating activities was 83.8 million euros. As Finland's oldest company, Fiskars was honored to ring the closing bell of the Nasdaq stock exchange in New York's Times Square on the last trading day of the year on Friday, December 30, 2016. The ringing celebrated Finland's 100th anniversary. In early 2017, Fiskars Group abandoned its regional organizational structure and formed two strategic business units: Living and Functional. In addition to the English & Crystal Living business, the Scandinavian Living business was included in SBU Living. SBU Functional was formed of the Fiskars, Gerber and Gilmour brands and the Outdoor business. An exhibition was held at the Helsinki Design Museum to mark the 50th anniversary of Fiskars' orange-handled scissors. In April, 2020 Fiskars Group President and CEO Jaana Tuominen stepped down from her position with CFO Sari Pohjonen appointed interim CEO. In 2019, Fiskars sold Leborgne. Fiskars announced that it would release a collection of gardening clothing. The Fiskars by Maria Korkeila collection will be launched at the Pitti Uomo Fashion Fair in Italy in January 2020. Business units, brands and products The company operates as an integrated consumer goods company. In 2019, Fiskars has two strategic business units: SBU Living and SBU Functional. In 2018, Fiskars' key brands were Fiskars, Gerber, Iittala, Royal Copenhagen, Waterford and Wedgwood. Fiskars’ products are available in more than 100 countries. Fiskars headquarters are located at Fiskars Campus in the Arabianranta district of Helsinki. Living SBU Living offers a wide range of products for tabletop, giftware and interior décor. The business is divided into two parts: Scandinavian Living brands include: Arabia (homeware products; Finland) Iittala (homeware products; Finland) Royal Copenhagen (porcelain; Denmark) Rörstrand (porcelain; Sweden) Irish and English& Crystal Living brands include: Waterford (crystal products; Ireland) Wedgwood (porcelain; Great Britain) Royal Albert (porcelain; England) Royal Doulton (homeware products; England) Other, locally known brands owned by Fiskars in 2019 were: Hackman (cookware, cutlery; Nordic countries) Kitchen Devils (kitchen knives; England) Rogaška (crystal; Slovenia) Functional SBU Functional creates tools for use in and around the home, for example in the garden and outdoors. The unit's brands include: Fiskars (household goods, garden tools, craft tools) Gerber Legendary Blades (knives and multi-function tools) Gilmour