Raute raises 2024 net sales and profit guidance as order backlog improves

Raute updates its guidance for 2024, projecting net sales between Euro 185 and 210 million and a comparable EBITDA between Euro 13 and 17 million. Previously, Raute had expected net sales for 2024 to range from Euro 170 to 195 million, with a comparable EBITDA between Euro 10 and 14 million. The update reflects Raute's strong order backlog and better-than-anticipated performance in project deliveries and services, despite challenging market conditions. This positive development in the second quarter has prompted the company to revise its guidance upwards for both net sales and profit for the ...

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