Ponsse's consolidated net sales for January-September 2014 amounted to Euro 270 million, which is 27.8% more than in the comparison period. International business operations accounted for 73.5% of net sales. The operating result amounted to Euro 27.5 million. The operating result equalled 10.2% of net sales for the period under review.

Machinery

Ponsse posts 27.8% sales increase in January-September 2014

Oct 31, 2014. /Lesprom Network/. Ponsse's consolidated net sales for January-September 2014 amounted to Euro 270 million, which is 27.8% more than in the comparison period. International business operations accounted for 73.5% of net sales, as the company said in the press release received by Lesprom Network.

The operating result amounted to Euro 27.5 million. The operating result equalled 10.2% of net sales for the period under review. Consolidated return on capital employed (ROCE) stood at 28.4%.

Order intake for the period totalled Euro 327.6 million, while period-end order books were valued at Euro 155.5 million.

The Group's euro-denominated operating profit is expected to be significantly higher than in 2013.

Ponsse's updated and competitive product range and new service solutions have boosted the company's net sales significantly. The PONSSE 2015 product range will enter serial production gradually during 2015.

President and CEO Juho Nummela said: “The demand for Ponsse's forest machines continued to be very strong during the 3Q. The monthly order volumes of new machines rose to new record figures and our order books increased strongly to Euro 155.5 million. The order books grew by 60% compared with the comparable period. International business operations accounted for 73.5% of net sales.

“The situation in the Russian forest machine market has continued to be positive in spite of the uncertainties. The sanctions have not had a direct effect on the sales or financing of forest machines for the time being. Spare part deliveries to Russia are also working normally. The forest machine market situation in North America continues to be good, and the situation is improving in Europe. In Latin America, the focus is on developing service operations and fulfilling the contractual obligations with major customers.”

Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines and is driven by genuine interest in its customers and their business.