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July 2, 2024

Sawmill company Pölkky Oy sees sharp drop in profits

Pölkky Oy's accounting period that ended at the turn of the year was exceptionally 16 months long, so the profit figures are not directly comparable to the previous accounting period . Thus, the first year of the new owner Pfeifer Holz resulted in a drop in profit unusually sharp even among sawmill companies. In any case, the longer accounting period accumulated a turnover of 182.1 million euros, while the previous, year-long accounting period had a turnover of 213.5 million. Roughly estimated, the annual turnover fell to the level before the corona crisis. Operating profit ...

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