The price of wood puts pressure on Koskinen’s sawmill business

Finnish wood processing group Koskinen's result weakened in April-June. The result halved from a year ago to 4.9 million euros, but the turnover rose to 77.8 million euros.The reason behind the rise in turnover is deliveries of deliveries that were postponed due to strikes. Earnings per share also halved and remained at EUR 0.21. "The level of profitability achieved can be considered satisfactory, taking into account the challenging operating environment and the high cost level", the group's CEO Jukka Pahta states in the press release. Profitability weakened in both the sawmill ...

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