Operating profit in the 2Q was Euro 2.2 million positive and accounted for 7% of net sales. The result was Euro 1.7 million positive, and earnings per share were Euro +0.43.
Net sales for January 1 – June 30, 2015, Euro 56,4 million, were up 59% on the comparison period. 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.
Of the total net sales for the reporting period, Europe accounted for 63%, North America for 12%, Russia for 10%, South America for 10%, and Asia-Pacific for 5%.
Operating profit for the 1H 2015 was Euro 3.4 million positive and accounted for 6% of net sales. Profitability reflected the level of net sales.
The result before taxes for the reporting period was Euro 3.5 million positive. The result for the reporting period was Euro 2.8 million positive. Earnings per share (undiluted) were Euro 0.70.
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).
