Raute reports strong Q1/2024

Raute Corporation reported robust progress in its project deliveries for the first quarter of 2024, despite a challenging market environment, according to the company's latest interim report. The Finnish technology company, which specializes in machinery and services for the wood processing industry, saw its order intake decrease to Euro 36 million from Euro 67 million in the same period last year, reflecting cautious customer investment behavior. However, its order book surged to Euro 259 million, up from Euro 121 million, bolstered by strong demand for wood processing solutions. For the period from January to March 2024, Raute achieved ...

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