Operating profit in the 4Q was Euro 2.8 million positive and accounted for 7% of net sales. The operating profit included a total of Euro 0.6 million in costs related to the development of new business for Raute.
FY 2015 order intake amounted to Euro 145 million compared to Euro 112 million in 2014. Of the new orders, 67% came from Europe, 15% from North America,10% from Russia, 5% from Asia-Pacific and 3% from South America. The strong fluctuations in the distribution of new orders between the various market areas are typical for project-focused business.
The Group’s net sales in 2015 amounted to Euro 127.3 million, compared to Euro 94 million in 2014. Net sales grew by 35% on 2014. The growth in net sales resulted from a higher initial order book than in the comparison year, a large volume of order intake and the timing of the order book.
The Group’s operating profit for 2015 was Euro 8.1 million positive and accounted for 6% of net sales.
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).
