Raute - Company Announcement

Advance information on Raute Group's 2015 net sales and operating profit

Lahti, Finland, 2016-01-18 08:45 CET (GLOBE NEWSWIRE) -- RAUTE CORPORATION
STOCK EXCHANGE RELEASE JANUARY 18, 2016 at 9:45 a.m. 


ADVANCE INFORMATION ON RAUTE GROUP’S 2015 NET SALES AND OPERATING PROFIT

According to the preliminary information Raute Group’s net sales in 2015 were
about EUR 127 million (2014: MEUR 94) and operating profit approximately EUR
8.1 million (2014: MEUR 2.6). Order intake for 2015 stood at about EUR 145
million (2014: MEUR 112) and order book at December 31, 2015 amounted to
approximately EUR 60 million (December 31, 2014: MEUR 44). The figures are
based on unaudited information. 

Raute has earlier, according to the stock exchange release published on March
25, 2015, estimated net sales to grow clearly and operating profit to improve
clearly. 

Raute will publish Financial Statements bulletin for 2015 and comment outlook
for 2016 on Tuesday, February 16, 2016, as announced earlier. 


RAUTE CORPORATION
Tapani Kiiski
President and CEO


FURTHER INFORMATION:
Mr. Tapani Kiiski, President and CEO, tel. +358 3 829 3500, mobile phone +358
400 814 148 
Ms. Arja Hakala, CFO, tel. +358 3 829 3293, mobile phone +358 400 710 387

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 and LVL (Laminated Veneer Lumber). The technology
offering covers machinery and equipment for the entire production process. 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
services ranging from spare parts deliveries to regular maintenance and
equipment modernizations. Raute’s head office is located in Nastola, Finland.
Its other production plants are in the Vancouver area of Canada, in the
Shanghai area of China, and in Kajaani, Finland. 

More information on the company can be found at: www.raute.com