The operating result amounted to Euro 22 million in 1H 2015. The operating result equalled 10.7% of net sales for the period under review. Consolidated return on capital employed (ROCE) stood at 27.9%.
Order intake for the period totalled Euro 224.7 million, while period-end order books were valued at Euro 170.5 million.
President and CEO Juho Nummela said: “The past quarter was a very strong one for Ponsse. During the 2Q, the company's net sales amounted to Euro 115.4 million and operating profit to Euro 14.8 million. The operating profit equalled 12.8% of net sales for the quarter.
North and South America's share of net sales increased significantly. The market situation in North America is good, and the effect of service agreements is clearly visible in Latin America. Russia's proportional amount of net sales decreased. The stabilisation of the ruble's exchange rate made the situation easier and machine sales picked up to the normal level. North and Central
Europe were at the normal level, and the general market situation is positive.”
Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines.
