Ponsse’s consolidated net sales for the 1Q 2017 amounted to Euro 129.9 million, which is 12.9% more than in the 1Q 2016. The operating result amounted to Euro 14.3 million, compared to Euro 12.1 million in 1Q 2016. The operating result equalled 11% of net sales for the 1Q 2017.

Machinery

Ponsse’s 1Q net sales up 13% from year ago to Euro 129.9 million

Ponsse’s consolidated net sales for the 1Q 2017 amounted to Euro 129.9 million, which is 12.9% more than in the 1Q 2016, as the company said in the press release received by Lesprom Network.

Net sales were regionally distributed as follows: Northern Europe 47%, Central and Southern Europe 19%, Russia and Asia 15.8%, North and South America 17.8% and other countries 0.4%.

The operating result amounted to Euro 14.3 million, compared to Euro 12.1 million in 1Q 2016. The operating result equalled 11% of net sales for the 1Q 2017.

Order intake for the period totalled Euro 126.7 million, while period-end order books were valued at Euro 118.6 million.

President and CEO Juho Nummela, said: “2017 started off well, and demand for PONSSE forest machines was high from the very beginning of the year. Orders for the 1Q were strong, and the order books at the end of the 1Q 2017 stood at Euro 118.6 million.”

Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines.