Koskisen Q3 2024: Strong growth in sawn timber and panel segments despite sluggish market

Koskisen’s third-quarter (Q3) preview for 2024 indicates a promising reversal of earnings, as the company recovers from one of its weakest quarters in recent history. Although the market remains challenging, with no significant changes expected in demand, pricing, or raw material costs, the company’s performance has likely improved due to a combination of factors. The recent ramp-up of production from the new sawmill line in Järvelä, coupled with a shorter summer shutdown compared to the previous year, has driven a strong increase in volume and revenue for Koskisen. Revenue growth in Koskisen’s Sawn ...