Ponsse's FY 2019 consolidated net sales amounted to Euro 667.4 million, which is 9% more than in 2018. Net sales were regionally distributed as follows: Northern Europe 38%, Central and Southern Europe 19.7%, Russia and Asia 17.6%, North and South America 24% and other countries 0.7%.
FY 2019 operating result amounted to Euro 67.3 million. The operating result equalled 10.1% of net sales for the period under review. Consolidated return on capital employed (ROCE) stood at 23.5%.
Staff costs for the period totalled Euro 92.7 million. Other operating expenses stood at Euro 57.6 million. The net total of financial income and expenses amounted to Euro -1 million.
Order intake for 2019 totalled Euro 642.2 million, while period-end order books were valued at Euro 256.8 million.
President and CEO Juho Nummela said: “Ponsse’s year 2019 started with demand and orders being very high, while the forest machine market calmed down significantly towards the end of the year. Despite the challenging market situation, we were able to increase our net sales and reach a profitability rate of more than 10% and cash flow of Euro 43 million. We manufactured a record-breaking number of forest machines in our new factory. Within one year, we delivered the 14,000th and 15,000th PONSSE machines made in Vieremä to our customers.”
Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines.
