Koskisen’s sawmill investments expected to pay off, on global construction recovery

Koskisen, the Finnish wood processing company, is facing a cyclical downturn despite its recent investments, particularly in the sawmill business. The company’s performance has been impacted by the global construction market’s sluggish recovery and rising interest rates, but experts suggest that its fortunes should improve as global construction picks up and interest rates decline. In a recent report, analysts reiterated a EUR 7.25 target price and maintained a “Reduce” recommendation for Koskisen. The company’s major investments in the sawmill industry are expected to pay off in the near term, but the benefits are yet to ...