In the 3Q 2017, Ponsse’s turnover was Euro 139.6 million, showing growth of 23.9% compared to the comparison period. The quarter was historically strong, with all business areas growing positively. The turnover of the after sales services continued to increase significantly, and that of trade-in machines grew strongly from the year before, as the company said in the press release received by Lesprom Network.
3Q 2017 net sales increased to Euro 139.6 million, compared to Euro 112.7 million in 3Q 2016. The operating result for the 3Q 2017 was Euro 18.6 million, giving an operating margin of 13.3%.
Juho Nummela, President and CEO of Ponsse, said: “In the 3Q 2017, demand for PONSSE forest machines was excellent. The order flow was strong, and the value of the order book at the end of the period under review was Euro 154.2 million. The Russian market is growing very rapidly, and other markets are also functioning well. The markets in North America, the Nordic countries and Central Europe are in good situations.”
Consolidated net sales for January-September 2017 amounted to Euro 398.3 million, which is 13.8% more than in the comparison period.
Ponsse’s turnover was Euro 398.3 million, showing growth of 13.8%. The operating result for January-September 2017 was Euro 46.8 million, giving an operating margin of 11.8%.
Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines.
