Raute releases preliminary results for FY 2015, expected net sales hit EUR 127 million

Raute’s net sales in 2015 is expected to hit EUR 127 million (2014: EUR 94 million). Operating profit is expected to be approximately EUR 8.1 million (2014: EUR 2.6 million), according to the company’s preliminary information.

The order intake for 2015 was about EUR 145 million and order book as at December 31, 2015, amounted to approximately EUR 60 million. The figures are based on unaudited information.

Raute provides technology solutions for companies that manufacture veneer, plywood, LVL, and other wood-based products.

 

Source: Lesprom Network / Edited by Panels & Furniture Asia