Market: Helsinki
Symbol: RAUTE
ISIN: FI0009004741
Industry: Industrial Goods & Services

RAUTE IS A TECHNOLOGY COMPANY SERVING THE WOOD PRODUCTS INDUSTRY WORLDWIDE

Raute's customers are companies operating in the wood products industry that manufacture veneer, plywood, LVL (Laminated Veneer Lumber) and sawn timber.. The increasing popularity of renewable raw materials and products, for example in construction, means growth for the wood products industry. The size of the wood products industry sectors served by Raute is close to EUR 50 billion.

The total value of the production technology investments in the global veneer, plywood and LVL industry is estimated at close to EUR 1 billion a year in a normal economic situation. In addition, the size of the after sales market is nearly unlimited for Raute.

Raute is the global market leader its largest customer sector, the plywood industry, with a 15 to 20 percent market share in the investments. Raute's position in the LVL industry is also strong, as approximately more than a half of the LVL manufactured in the world is produced with machines supplied by Raute.

Raute's 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. Typical aspects of project-focused business are sensitivity to cyclical economic fluctuations and poor predictability of timing.

Our customers are served by approximately 800 Raute professionals in ten countries. Raute's head office and main production unit are located in the Nastola area of Lahti, Finland. The company's other production plants arelocated in Kajaani in Finland, in the Vancouver area of Canada, the Shanghai area of China (operations to be moved to Changzhou, Jiangsu province, in early 2022) and in Pullman, WA, USA. The company's sales network has a global reach. Maintenance and spare part services are increasingly offered locally.

The company's series A shares have been listed on the Nasdaq Helsinki Ltd since 1994.

Share Data
RAUTE
20/05/2022
Currency EUR
Previous Close 12.25
Change (%) 0.41
Market Cap (EUR) 0.04 bn
Volume 3,940
Market Helsinki
Number of shares 3,272,033
List Small Cap
Key financial figures (EUR 1,000) 2019 2020 2021
Income Statement      
Net sales 151,297 114,994 142,212
Total operating expenses (141,156) (121,093) (142,661)
Operating profit 8,454 (2,770) (2,244)
Profit for the period 7,687 (1,819) (1,775)
Balance Sheet      
Total assets 90,651 85,428 110,676
Total equity 49,502 39,587 34,064
Total liabilities 41,149 45,840 76,612
Cash Flows      
Net cash flow from operating activities 18,602 1,127 24,003
Net cash flow from investing activities (3,162) (3,921) (6,297)
Net cash flow from financing activities (6,480) (7,238) (5,163)
Cash and cash equivalents at the end of the financial year 22,360 11,601 24,357
Financial Indicators      
Return on investment, (ROI) (%) 18.1 (2.7) (2.7)
Return on equity, (ROE) (%) 16.0 (4.1) (4.8)
Gearing (%) (28.1) (9.8) (35.9)
Equity ratio (%) 62.9 58.8 44.3
Earnings per share, (EPS), undiluted (EUR) 1.80 (0.43) (0.42)
Earnings per share, (EPS), diluted (EUR) 1.79 (0.43) (0.42)