Raute's Annual report for 2022 has been published

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RAUTE CORPORATION STOCK EXCHANGE RELEASE 9 MARCH 2023 at 11:20 p.m.

RAUTE’S ANNUAL REPORT FOR 2022 HAS BEEN PUBLISHED

Raute Corporation’s Annual report, audited consolidated financial statements, parent company financial statements, Corporate Governance statement, Non-Financial Information statement and Remuneration report for the year 2022 have been published today. The reports are available both in Finnish and English.

 

In accordance with European Single Electronic Format (ESEF) reporting requirements, Raute publishes the Financial Statements in XHTML format in Finnish. In line with the ESEF requirements, the primary financial statements and notes to the consolidated financial statements have been labelled with XBRL tags. The audit firm PricewaterhouseCoopers Oy has provided an independent auditor's reasonable assurance report on Raute’s ESEF consolidated financial statements in Finnish in accordance with ISAE 3000.

 

The reports are attached to this release as pdf files and are also available on the company’s website at www.raute.com > Investors > Result Center.

 

Additionally, Raute will publish a separate Sustainability Review 2022 by the end of March, which will be available also in the same place at the company’s website.

 

RAUTE CORPORATION
Mika Saariaho
President and CEO

FURTHER INFORMATION:

Ms. Minna Yrjönmäki, Interim CFO, tel. +358 40 570 2067

 

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 Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, the Changzhou area of China and in Pullman, Washington, USA. Raute’s net sales in 2022 were EUR 158.3 million. The Group’s headcount at the end of 2022 was 778. More information about the company can be found at www.raute.com.