Raute's financial statements, Corporate Governance statement, Non-financial information statement and Remuration report for 2020 published

RAUTE CORPORATION STOCK EXCHANGE RELEASE 12 FEBRUARY 2021 at 10.15 p.m.


RAUTE’S FINANCIAL STATEMENTS, CORPORATE GOVERNANCE STATEMENT, NON-FINANCIAL INFORMATION STATEMENT AND REMUNERATION REPORT FOR 2020 PUBLISHED

Raute Corporation’s audited consolidated financial statements for the year 2020 are published on the company’s website. They are available in pdf format at www.raute.com > Investors > Result Center. Printed financial statements can be ordered by email from ir@raute.com.

Raute's Corporate Governance Statement, Non-financial Information Statement and Remuneration Report for 2020 have been published. The reports can be found on the company’s website at www.raute.com > Investors > Result Center.


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 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 2020 were EUR 115.0 million. The Group’s headcount at the end of 2020 was 751. More information about the company can be found at www.raute.com.