Ponsse net sales up 26.4 per cent in 1H 2014

Photo: Ponsse
Photo: Ponsse

Finnish forest machine manufacturer Ponsse’s consolidated net sales for the 1H 2014 amounted to Euro 183.6 million, which is 26.4% more than in the comparison period. International business operations accounted for 73.5% of net sales, according to Lesprom Network.

Net sales were regionally distributed as follows: Northern Europe 39.8%, Central and Southern Europe 21.4%, Russia and Asia 15.2%, North and South America 23.6%.

The operating result amounted to Euro 18 million in first six month of 2014, which has an increase of 112%.

President and CEO Juho Nummela said, as quoted by Lesprom Network: “The demand for forest machines was at an extremely good level during the past quarter. The operating result amounted to Euro 10.6 million during the 2Q, equalling 10.9% of net sales.”