Raute's Annual report 2019 published

RAUTE CORPORATION STOCK EXCHANGE RELEASE 27 FEBRUARY 2020 at 4:15 p.m.


RAUTE’S ANNUAL REPORT 2019 PUBLISHED

Raute’s Annual report for 2019 has been published in Finnish and English on the company’s website at www.raute.com.

The printed Annual report can be ordered by email from ir@raute.com.

RAUTE CORPORATION
Tarja Järvinen
Group Vice President, CFO


FURTHER INFORMATION:
Ms. Tarja Järvinen, CFO, Raute Corporation, tel. +358 40 658 3562

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, LVL (Laminated Veneer Lumber) and sawn timber. Its technology offering covers the entire production process for veneer, plywood and LVL and special measurement equipment for sawn timber. 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 technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in the Nastola area of Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, the Shanghai area of China and in Pullman, Washington, USA. Raute’s net sales in 2019 were EUR 151.3 million. The Group’s headcount at the end of 2019 was 778. More information about the company can be found at www.raute.com.