The turnover and operating profit (EBIT) of the first quarter are expected to be significantly lower than the comparison period.
New guidance for 2024
The company's operating profit in euros is estimated to be slightly weaker in 2024 than in 2023 (
Reasons for the new guidelines and preliminary information on the turnover and profitability of the first quarter of 2024
Demand for forest machines continued low during the first quarter of the year. In addition, industrial actions in
Due to the weak first quarter,
The previously published profit guidance for 2024
In the financial statement for 2023, published on
Publishing of
The company will publish its interim report for January-
Vieremä,
President and CEO
FURTHER INFORMATION
DISTRIBUTION
Principal media
www.ponsse.com
The company was established by forest machine entrepreneur Einari Vidgrén in 1970, and has been a leader in timber harvesting solutions based on the cut-to-length method ever since. Ponsse is headquartered in Vieremä, Finland. The company's shares are quoted on the Nasdaq Nordic List. This year, Ponsse celebrates its 50th anniversary.
https://news.cision.com/ponsse-oyj/r/insider-information--profit-warning--ponsse-cuts-its-guidance-for-2024-and-announces-preliminary-inf,c3964379
(c) 2024 Cision. All rights reserved., source