Net sales were regionally distributed as follows: Northern Europe 41.2%, Central and Southern Europe 20.2%, Russia and Asia 16.4%, North and South America 22.1%.
The operating result amounted to Euro 41.7 million in 2014. The operating result equalled 10.7% of net sales for the period under review. Consolidated return on capital employed (ROCE) stood at 30.1%.
Order intake for the period totalled Euro 451.7 million, while period-end order books were valued at Euro 158.4 million.
President and CEO Juho Nummels said: “2014 was a very strong year for Ponsse. We succeeded excellently in our goal of finding balance in business operations between growth, profitability and cash flows. We achieved growth of approximately 25% in net sales, operating profit of over 10% and a reasonable cash flow from business operations, Euro 37.5 million. At the same time, our balance sheet indicators improved as expected.”
Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines.
