Advance information on Raute Group's 2015 net sales and operating profit
RAUTE CORPORATION STOCK EXCHANGE RELEASE JANUARY 18, 2016 at 9:45 a.m.
ADVANCE INFORMATION ON RAUTE GROUP’S 2015 NET SALES AND OPERATING PROFIT
According to the preliminary information Raute Group’s net sales in 2015 were about EUR 127 million (2014: MEUR 94) and operating profit approximately EUR 8.1 million (2014: MEUR 2.6). Order intake for 2015 stood at about EUR 145 million (2014: MEUR 112) and order book at December 31, 2015 amounted to approximately EUR 60 million (December 31, 2014: MEUR 44). The figures are based on unaudited information.
Raute has earlier, according to the stock exchange release published on March 25, 2015, estimated net sales to grow clearly and operating profit to improve clearly.
Raute will publish Financial Statements bulletin for 2015 and comment outlook for 2016 on Tuesday, February 16, 2016, as announced earlier.
RAUTE CORPORATION
Tapani Kiiski
President and CEO
FURTHER INFORMATION:
Mr. Tapani Kiiski, President and CEO, tel. +358 3 829 3500, mobile phone +358 400 814 148
Ms. Arja Hakala, CFO, tel. +358 3 829 3293, mobile phone +358 400 710 387
DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com
RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood and LVL (Laminated Veneer Lumber). The technology offering covers machinery and equipment for the entire production process. As a supplier of mill-scale projects Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in Nastola, Finland. Its other production plants are in the Vancouver area of Canada, in the Shanghai area of China, and in Kajaani, Finland.
More information on the company can be found at: www.raute.com