RAUTE CORPORATION INSIDE INFORMATION
PROFIT WARNING: RAUTE CORPORATION’S NET SALES WILL DECREASE CLEARLY FROM THE YEAR 2019
According to the preliminary, unaudited information Raute's net sales outlook for 2020 has weakened. Raute Group’s net sales for 2020 will decrease clearly from 2019. According to the preliminary information, Raute’s net sales for 2020 will be approximately
Raute will publish its financial statements release, as planned, on
RAUTE CORPORATION
President and CEO
FURTHER INFORMATION:
Mr.
Ms.
DISTRIBUTION:
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, LVL (Laminated Veneer Lumber) and sawn timber. Its technology offering covers the entire production process for veneer, plywood and LVL and special measurement equipment for sawn timber. 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 technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in the Nastola area of Lahti,
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