RAUTE'S ANNUAL REPORT, FINANCIAL STATEMENTS AND CORPORATE GOVERNANCE STATEMENT FOR 2010 PUBLISHED
RAUTE CORPORATION STOCK EXCHANGE RELEASE 14 MARCH 2011 at 5:00 p.m.
RAUTE’S ANNUAL REPORT, FINANCIAL STATEMENTS AND CORPORATE GOVERNANCE STATEMENT FOR 2010 PUBLISHED
Raute’s Annual report, consolidated financial statements and Corporate Governance Statement for 2010 have been published in Finnish and English on the company’s website at www.raute.com.
The printed Annual report and Financial statements can be ordered by email from ir@raute.com.
RAUTE CORPORATION
Arja Hakala
Chief Financial Officer
FURTHER INFORMATION:
Ms. Arja Hakala, CFO, Raute Corporation, tel. +358 3 829 3293, mobile +358 400 710 387
DISTRIBUTION:
NASDAQ OMX 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 repairs and 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. Raute’s net sales in 2010 were EUR 62.9 million. The Group’s headcount at the end of 2010 was 495.
More information on the company can be found at: http://www.raute.com/.