Jan 25, 2010. /Lesprom Network/. Vaahto Group’s turnover for September 1, 2009, to November 30, 2009, was Euro 9.2 million Euro (compared with Euro 17.0 million for the corresponding period in the previous fiscal year), with an operating loss of Euro 1.7 million (comparative: operating loss of Euro 0.8 million), the company said in a press release received by Lesprom Network The turnover saw a decrease of 46% from that of the reference period, undermining the result. Vaahto Group’s order backlog decreased by 12% during the period under review; it was Euro 17.1 million at the beginning of the period and Euro 15.1 million at the end. The Pulp & Paper Machinery division’s turnover for September 1, 2009, to November 30, 2009, was Euro 6.2 million (Euro 8.5 million), with an operating loss of Euro 1.6 million (operating loss of Euro 1.4 million). The turnover decreased by 27% from the reference period’s, making the result lower than in the reference period. The market situation for this division is difficult, and the period saw the order book decrease. In the Projects business area, the number of projects in the offer phase increased during the period under review, but the number of new orders remained low. In the Service business area, some signs of improvement were detected during the period, and the order book saw an upturn. The Board of Directors of the parent company decided to establish a production unit for the Pulp & Paper Machinery division in China. The objective is to start production in China during 2010. The Process Machinery division’s turnover for September 1, 2009, to November 30, 2009, was Euro 3.1 million (Euro 8.4 million), with an operating loss of 0.1 million euros (operating profit of Euro 0.7 million). The turnover decreased by 64% from that of the reference period, making the result lower than the comparative figure. The Process Machinery division’s market situation is still weak. However, slight improvement was detected in the market during the period under review, and the division’s order book increased slightly for both vessels and agitators. Vaahto Group will issue a six-month interim report on April 9, 2010.