Honkarakenne Group’s net sales for the first half of 2025 increased by 15% to Euro 16.7 million, compared to Euro 14.5 million in the first half of 2024.
Group’s order book was 3% lower than in the comparison year and amounted to Euro 26.0 million. The order book increased by +18% from Euro 22.2 million at the end of December last year. This was driven by higher sales in both the domestic consumer business and the project and export business compared to the first and especially the last half of last year.
Order book refers to orders with a delivery date within the next 24 months. Some orders may have a financing or building permit condition.
Operating profit for the H1 2025 stood at Euro -2.8 million and the profit before taxes was Euro -2.9 million.
The lower profitability compared to comparison period was impacted by the sales mix being weighted towards domestic business, as the share of exports remained below the comparison period. Some domestic deliveries included winter seasons installation campaigns carried out late last year, which had lower profitability than normally. In addition, fixed costs during the review period were higher than in the comparison period, even though there were cost reductions in operations and temporary layoffs.
Honkarakenne Oyj manufactures log homes, holiday homes and public buildings from Finnish solid wood.
