Raute’s 2024 net sales are expected to be between Euro 190–210 million and comparable EBITDA to be between Euro 17–21 million.
Raute’s strong order backlog has supported the positive business development despite the continued challenging market environment. Raute's project deliveries and services business have progressed better than anticipated, which has led to positive profit development during the Q3. Therefore, Raute raises its guidance for profit and updates its guidance on net sales for the full year.
Raute’s previous guidance for 2024 were expected to be between Euro 185–210 million and comparable EBITDA to be between Euro 13–17 million.
Raute is a technology and service company that operates worldwide. Its technologies cover different production processes with supporting digital and analytics solutions for engineered wood products.
