{"id":98806,"date":"2026-05-18T07:29:58","date_gmt":"2026-05-18T07:29:58","guid":{"rendered":"https:\/\/www.timberindustrynews.com\/?p=98806"},"modified":"2026-05-19T07:09:00","modified_gmt":"2026-05-19T07:09:00","slug":"finnish-private-sawmills-remain-profitable-despite-weak-lumber-markets","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/finnish-private-sawmills-remain-profitable-despite-weak-lumber-markets\/","title":{"rendered":"Finnish private sawmills remain profitable despite weak lumber markets"},"content":{"rendered":"

Finland\u2019s private sawmill sector delivered mixed financial results in 2025, with profitability remaining under pressure despite relatively stable turnover levels and stronger balance sheets following the exceptional profits generated during the Covid-era market boom.<\/p>\n

Among the country\u2019s largest private sawmill companies, Luvian Saha recorded the highest operating profit margin last year, while FM Timber reported its third consecutive annual loss. Westas meanwhile achieved the strongest growth in both turnover and operating profit.<\/p>\n

The figures underline how uneven market conditions remain across the Nordic sawmill industry, where producers continue to face elevated raw material costs, volatile lumber markets and weaker construction demand across Europe.<\/p>\n

FM Timber saw turnover decline to \u20ac42.9 million from \u20ac44 million in 2024 and posted an operating loss of \u20ac0.9 million. The company operates sawmills in Pihtipudas and Pyh\u00e4nt\u00e4 as well as kiln operations in Kiihtelysvaara. The dispersed structure of the company\u2019s production facilities has continued to weigh on profitability following the closure of Russian-linked operations in previous years.<\/p>\n

Junnikkala reported one of the sharpest deteriorations in profitability. Turnover increased strongly to \u20ac199.2 million from \u20ac161.5 million, but the operating loss widened to \u20ac8.8 million as the company ramped up production at its new Oulu sawmill ahead of its acquisition by Stora Enso in May 2025.<\/p>\n

The results are also seen as a rare indication of profitability levels within integrated forest industry companies, where sawmill operations are often believed to operate with lower returns in order to support fibre procurement and broader industrial integration.<\/p>\n

Westas improved both turnover and earnings, benefiting from stronger operational performance and relatively stable production volumes. Turnover rose to \u20ac186 million while operating profit increased to \u20ac8.3 million.<\/p>\n

Luvian Saha, now Austrian-owned, delivered the strongest profitability ratio among the companies reviewed, with an operating margin of 7.6%.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Company<\/th>\nTurnover 2025
\n(\u20ac million)<\/th>\n		Turnover 2024
\n(\u20ac million)<\/th>\n		Operating Result 2025
\n(\u20ac million)<\/th>\n		Operating Margin 2025
\n(%)<\/th>\n		Operating Result 2024
\n(\u20ac million)<\/th>\n		Operating Margin 2024
\n(%)<\/th>\n		Equity Ratio 2025
\n(%)<\/th>\n		Equity Ratio 2024
\n(%)<\/th>\n<\/tr>\n<\/thead>\n
Anaika Wood<\/strong><\/td>\n97.0<\/td>\n92.7<\/td>\n3.5<\/td>\n3.6<\/td>\n2.2<\/td>\n2.4<\/td>\n67.6<\/td>\n79.1<\/td>\n<\/tr>\n
FM Timber<\/strong><\/td>\n42.9<\/td>\n44.0<\/td>\n-0.9<\/strong><\/td>\n-2.0<\/strong><\/td>\n-0.4<\/td>\n-0.9<\/td>\n46.9<\/td>\n46.3<\/td>\n<\/tr>\n
Isojoki Sawmill<\/strong><\/td>\n58.2<\/td>\n55.0<\/td>\n2.3<\/td>\n4.0<\/td>\n2.7<\/td>\n4.9<\/td>\n73.1<\/td>\n77.2<\/td>\n<\/tr>\n
Junnikkala<\/strong><\/td>\n199.2<\/td>\n161.5<\/td>\n-8.8<\/strong><\/td>\n-4.4<\/strong><\/td>\n-2.1<\/td>\n-1.3<\/td>\n63.8<\/td>\n34.8<\/td>\n<\/tr>\n
Luvian Saha<\/strong><\/td>\n105.8<\/td>\n99.2<\/td>\n8.0<\/strong><\/td>\n7.6<\/strong><\/td>\n7.4<\/td>\n7.5<\/td>\n67.7<\/td>\n67.3<\/td>\n<\/tr>\n
Westas<\/strong><\/td>\n186.0<\/td>\n165.5<\/td>\n8.3<\/td>\n4.5<\/td>\n6.8<\/td>\n4.1<\/td>\n64.0<\/td>\n64.6<\/td>\n<\/tr>\n<\/tbody>\n<\/table>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":98807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[5204],"tags":[],"class_list":["post-98806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news"],"acf":[],"yoast_head":"\nFinnish private sawmills remain profitable despite weak lumber markets - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/finnish-private-sawmills-remain-profitable-despite-weak-lumber-markets\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finnish private sawmills remain profitable despite weak lumber markets - 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