Raute’s Financial Statements for 2023 has been published

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RAUTE CORPORATION STOCK EXCHANGE RELEASE 22 FEBRUARY 2024 AT 5.10 P.M.

RAUTE’S FINANCIAL STATEMENTS FOR 2023 HAS BEEN PUBLISHED

Raute Corporation’s audited consolidated financial statements, parent company financial statements, Corporate Governance statement, Non-Financial Information statement and Remuneration report for the year 2023 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 > Financial information > Result Center.

Additionally, Raute will publish an Annual Report 2023 during week 10. The Annual Report will also be available in the same place on the company’s website.

FURTHER INFORMATION:
Mr. Ville Halttunen, CFO, tel. +358 50 3460868

DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com

RAUTE IN BRIEF - Making Wood Matter
Raute is the partner to future-proof the wood industry. Our technologies cover different production processes with supporting digital and analytics solutions for engineered wood products. Additionally, we offer full-scale service concept ranging from spare parts to regular maintenance and modernizations. Our innovative hardware and software solutions are designed to support our customers’ efficient consumption of natural resources. In mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Raute’s head office and main production is located in Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, Changzhou, China, and in Pullman, WA, USA. Raute’s net sales in 2023 were EUR 145.4 million. The Group’s headcount at the end of 2023 was 754. More information about the company can be found at www.raute.com.