Raute estimates that its net sales will increase and operating profit will improve in 2018 compared to the previous year. The new guidance assumes that no material surprises on the labor market will take place during the rest of the year, as the company says in the press release received by Lesprom Network.
As the demand is continuing to be strong, Raute has scheduled projects in the order book earlier than originally planned. Also, the uncertainty relating to the scheduling of the order book has decreased. Because of these reasons the net sales for 2018 are estimated to increase. Thanks to higher net sales it is estimated that also operating profit for 2018 will improve compared to 2017.
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and sawn timber.
