Continued Stable Profit Development for Raute

September 30, 2015 Raute's CEO Tapani Kiiski told that the global economy and market situation in its operating environment had, as a whole, taken a slightly more uncertain direction over the past few months.

This trend, together with the timing of customers’ investment plans, led to a low order intake in the third quarter of 2015.

Tapani Kiiski did not, however, consider a low order intake in one quarter to be a cause for concern. Thanks to a strong order intake in the first half of the year, Raute's net sales increased and their order book remained strong.

Demand for Raute's technology services, in particular spare parts, remained good, which is an indication of the good capacity utilization rates of its customers’ production plants.

Raute can thus have confidence in the near future.

Source: http://www.eurolignum.com/




Post a Comment

Popular Posts

The Arctic Circle Design Forum

Digital Storytelling

Mexico open for business