In the work of Töyli et al. (2008), logistical and financial performance was operationalized through the use of multiple measures. Financial performance was measured through profitability and growth, as in the study by Delmar (1997) and Weinzimmer et al. (1998). Thus, these investigators used as indicators of growth the average rate of turnover growth and the average rate of asset growth, for the same period. Profitability was measured by indicators such as average return on total assets, average return on capital and Earnings Before Interest and Taxes (EBIT). As conclusions of their work, the authors report that there was no large-scale observable pattern to indicate that firms with high logistics performance are more profitable and grow faster than the average of other companies. Overall, the results support the possibility of logistics not yet having emerged as a driver of large-scale competitiveness in Finnish SMEs.