Ponsse's consolidated net sales for 1 January-30 September 2013 amounted to Euro 211.3 million, which is 2.9% less than in the comparison period. International business operations accounted for 68.7% of net sales. The operating result amounted to Euro 12.7 million. The operating result equalled 6% of net sales for the period under review.

Machinery

Ponsse's operating result amounted to Euro 12.7 million

Oct 24, 2013. /Lesprom Network/. Ponsse's consolidated net sales for 1 January-30 September 2013 amounted to Euro 211.3 million, which is 2.9% less than in the comparison period. International business operations accounted for 68.7% of net sales. Net sales were regionally distributed as follows: Northern Europe 45.8%, Central and Southern Europe 14.7%, Russia and Asia 17%, North and South America 22.5%, as the company said in the press release received by Lesprom Network.

The operating result amounted to Euro 12.7 million. The operating result equalled 6% of net sales for the period under review. Consolidated return on capital employed (ROCE) stood at 8.8%.

Staff costs for the period totalled Euro 35.1 million. Other operating expenses stood at Euro 22.3 million. The net total of financial income and expenses amounted to Euro -5.1 million. Exchange rate gains and losses with a net effect of Euro -3.8 million were recognised under financial items for the period. Profit for the period under review totalled Euro 4.5 million.

Order intake for the period totalled Euro 266.8 million, while period-end order books were valued at Euro 97.2 million.

President and CEO Juho Nummela said: “During the 3Q of the year, our order intake and order books grew strongly. The forest machine market was challenging during the first half of the year, but a clear turn for the better took place during the 3Q.

At period end, the company’s order books amounted to Euro 97.2 million, which is 55.5% more than in the comparison period. The new Scorpion harvester accounted for a significant share of the order books, and the product will enter serial production in early 2014.

Of the market areas, North America, Russia and Finland were at a good level in terms of both invoicing and order intake. The Central European forest machine market is recovering at a slow rate, and the Swedish market is about to remain at approximately one half of its normal level. Deliveries in Latin America proceeded according to plan.”

Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines