Publication of Raute Corporation's half-year report and invitation to a briefing

RAUTE CORPORATION INVESTOR NEWS 15 JULY 2022

PUBLICATION OF RAUTE CORPORATION'S HALF-YEAR REPORT AND INVITATION TO A BRIEFING

 

Raute Corporation will publish its Half-year Report for January 1-June 30, 2022 (6 months) on Friday, July 22, 2022 at about 9 a.m. Finnish time. A briefing for analysts, investors and the media will be organized on the same day July 22, 2022 at 2:00 - 3:00 p.m.

 

Venue: Scandic Simonkentta Hotel, Simonkatu 9, Helsinki.

 

Please inform of your participation in the briefing at the latest on Tuesday, July 19, 2022 to Raute Corporation, Eija Salminen ([email protected], tel. +358 50 380 1517) or GMO Goodmarketing Oy, Esa Kyto ([email protected], tel. +358 40 528 0050). You may follow the briefing also online through Teams. The presentations will be held in Finnish.

 

You are welcome to hear about our H1 result, other current issues and outlook for 2022. The presentations will be held by Raute Corporation’s interim President and CEO Petri Strengell and interim CFO Minna Yrjönmäki.

 

The briefing will be recorded, and the recording will be available at Raute’s website later the same day.

 

The Half-year Report for January 1-June 30, 2022 (6 months) will be available at www.raute.com on Friday, July 22, 2022 at about 9:00 a.m. The presentation material will be available at www.raute.com > Investors > Presentations and publications on Friday, July 22, 2022 at 2 p.m.

 

FURTHER INFORMATION:

Ms. Minna Yrjönmäki, Interim CFO, tel. +358 40 5702067

 

DISTRIBUTION:

Main media, www.raute.com

 

RAUTE IN BRIEF:

Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and sawn timber. Its technology offering covers the entire production process for veneer, plywood and LVL and special measurement equipment for sawn timber. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, the Shanghai/Changzhou area of China and in Pullman, Washington, USA. Raute’s net sales in 2021 were EUR 142.2 million. The Group’s headcount at the end of 2021 was 802. More information about the company can be found at www.raute.com.