The Group’s order book for continuing operations on March 31, 2014 totaled Euro 6.5 million. Turnover and order book stayed behind reference period due to challenging market situation and postponed investment decisions by customers. There are already signs of upturn in the markets. At the beginning of May Japrotek Oy Ab has received new orders. The most significant delivery consists of tanks and digester to Valmet AB in Sweden.
Turnover from Vaahto Paper Technology -division’s continuing operations for January 1, – March 31, 2014 was Euro 1 million (Euro 1.5 million) with an operating loss of Euro 0.1 million (operating loss of Euro 0.2 million). The main reason for the negative result of the Vaahto Paper Technology -division was the low level of activity.
Vaahto Group is a globally operating high technology company serving process industry in the fields of pulp and paper machinery and process machinery.
