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February 17, 2024

Raute more than doubles order intake in 2023

Raute's order intake for 2023 soared to Euro 315 million, more than doubling from the previous year's Euro 138 million. The order intake is composed of 65% (47%) from Europe, 15% (37%) from North America, 2% (8%) from Asia–Pacific and 19% (6%) from South America. Net sales in 2023 totaled Euro 145.4 million (158.3), showing a decrease of 8.2% from the comparison period with a higher share of sales from Russia. The decline was also driven by the structure of the order book being more weighted towards mill-sized projects that have longer ...

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