Lahti, Finland, 2016-10-18 10:00 CEST (GLOBE NEWSWIRE) -- RAUTE CORPORATION STOCK EXCHANGE RELEASE OCTOBER 18, 2016 at 11:00 a.m.
PUBLISHING OF RAUTE'S INTERIM REPORT AND INVITATION TO A BRIEFING
Raute Corporation will publish its Interim Report for January 1 - September 30, 2016 (9 months) on Wednesday, October 26, 2016 at about 9 a.m. Finnish time. A briefing for analysts, investors and the media will be organized on Wednesday, October 26, 2016 at 2:00 - 3:00 p.m., at Scandic Simonkentta Hotel, Tapiola cabinet, Simonkatu 9, Helsinki.
You are welcome to hear about our Q3/2016 financial performance and outlook for the rest of the year 2016. In the briefing, the outlook of the LVL market and the opportunities of the machinery and service business serving that market will be discussed. The presentations will be made by Raute Corporation’s President and CEO Tapani Kiiski and CFO Arja Hakala.
Please inform of your participation in the briefing at the latest on Friday, October 21, 2016 to Raute Corporation, Eija Salminen (eija.salminen@raute.com, tel. +358 50 380 1517) or GMO Goodmarketing Oy, Esa Kyto (esa.kyto@goodmarketing.fi, tel. +358 40 528 0050).
The Interim Report for January 1 – September 30, 2016 (9 months) will be available at www.raute.com on Wednesday, October 26, 2016 after the publication at about 9:00 a.m. The presentation material will be available at www.raute.com > Investors > Publications on Wednesday, October 26, 2016 at 2 p.m. when the briefing has started.
RAUTE CORPORATION
Tapani Kiiski
President and CEO
FURTHER INFORMATION:
Ms. Arja Hakala, CFO, Raute Corporation, mobile +358 400 710 387
DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com
RAUTE IN BRIEF:
Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood and LVL (Laminated Veneer Lumber). The technology offering covers machinery and equipment for the customer’s entire production process. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in the Nastola area of Lahti, Finland. Its other production plants are in Kajaani, Finland, the Vancouver area of Canada and in the Shanghai area of China. Raute’s net sales in 2015 were EUR 127.3 million. The Group’s headcount at the end of 2015 was 646.
More information on the company can be found at www.raute.com.