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2024-06-11 12:56:28 CEST 2024-06-11 12:56:33 CEST REGULATED INFORMATION Ponsse Oyj - Other information disclosed according to the rules of the ExchangePonsse to change segment reportingPonsse Plc Other information disclosed according to the rules of the Exchange June 11, 2024, AT 13.55 PM Ponsse has updated its global operating model, with the new model having entered into force on 1 June 2024. A shift to a global organisational structure and reporting guidelines is a key part of the new operating model. The new operating model enables a customer-driven organisation focused on sales and maintenance services, divided into five market areas. From 1 June 2024, the company's market areas are: 1) Nordic countries and the Baltics; 2) Europe; 3) North America; 4) South America; and 5) Asia, Australia and Africa. As a result of the update, Ponsse Group will also change its segment division. From now on, Ponsse's operating segments will be based on the market areas, and they have been defined in accordance with reporting, which is monitored by the company's highest operational decision-making body. The change in the reporting structure will have an impact on Ponsse's financial reporting from the second quarter of 2024. The tables below present Ponsse Group's segment information for 2023 in accordance with the previous and new operating segments. The figures are unaudited. PREVIOUSLY REPORTED OPERATING SEGMENTS FOR 2023 1-12/2023 Northern Central North Other Total Europe Europe and countries and South Southern America Europe Segment net 549,224 183,087 255,780 25,145 1,013,236 sales Segment -184,587 -2,820 -3,680 -349 -191,436 earnings NET SALES 364,636 180,268 252,100 24,796 821,800 FROM EXTERNAL CUSTOMERS Segment 9,170 23,943 10,649 4,546 48,308 operating profit Unallocated -1,154 items OPERATING 9,170 23,943 10,649 4,546 47,153 PROFIT DEPRECIATION 26,512 943 3,701 181 31,337 AND AMORTISATION OPERATING SEGMENTS FOLLOWING THE NEW SEGMENT DIVISION FOR 2023 1-12/2023 Nordic Central North South Asia, Total countries Europe America America Australia and the and and Africa Baltics Southern Europe Segment net 549,224 183,087 126,770 129,010 25,145 1,013,236 sales Segment -184,587 -2,820 -2,298 -1,382 -349 -191,436 earnings NET SALES 364,636 180,268 124,472 127,628 24,796 821,800 FROM EXTERNAL CUSTOMERS Segment 9,170 23,943 18,618 -7,969 4,546 48,308 operating profit Unallocated -1,154 items OPERATING 9,170 23,943 18,618 -7,969 4,546 47,153 PROFIT DEPRECIATION 26,512 943 889 2,812 181 31,337 AND AMORTISATION Vieremä, 11 June 2024 PONSSE PLC Juho Nummela President and CEO FURTHER INFORMATION Juho Nummela, President and CEO, +358 400 495 690 Petri Härkönen, CFO, tel. +358 50 409 8362 DISTRIBUTION NASDAQ OMX Helsinki Ltd Principal media www.ponsse.com Ponsse Plc specialises in the sale, production, maintenance and technology of cut-to-length method forest machines, and is driven by a genuine interest in its customers and their business operations. Ponsse develops and manufactures sustainable and innovative harvesting solutions based on customer needs. The company was established by forest machine entrepreneur Einari Vidgrén in 1970 and has been a leader in timber harvesting solutions based on the cut-to -length method ever since. Ponsse is headquartered in Vieremä, Finland. The company's shares are quoted on the NASDAQ OMX Nordic List. |
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