Finland's Raute Q2 net sales fall 25% amid subdued investment activity

Raute Oyj

12/08/2026 06:11

Overview
Finland wood technology supplier's Q2 net sales fell 25% yr/yr amid subdued investment activity
Comparable EPS declined 47% yr/yr as lower volumes weighed on earnings
Company specified 2026 guidance, forecasting lower net sales and EBITDA than prior yr

Outlook
Raute narrows 2026 net sales guidance to €125–145 mln from €125–160 mln
Company expects 2026 comparable EBITDA between €11–18 mln, previously €10–19 mln

Result Drivers
SUBDUED CUSTOMER INVESTMENT - Co said economic uncertainty and subdued customer investment activity led to lower order intake and net sales
OPERATIONAL EXECUTION - Co said efficient project delivery and tight cost control supported profitability
BUSINESS UNIT VARIATION - Co said Wood Processing maintained good profitability despite lower volumes, Services saw subdued activity, and Analyzers improved on higher business volumes

Company press release: ID:nWkr4F3yB7

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
EUR 33 mln
 
Q2 EPS
 
EUR 0.33
 
Q2 Adjusted EBITDA
 
EUR 4 mln
 
Q2 Operating Profit
 
EUR 2.50 mln
 
Q2 Orders
 
EUR 18 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for Raute Oyj is €16.00, about 8.8% above its August 11 closing price of €14.70
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
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Aug 11 - Finland's Siili Solutions Q2 revenue falls, cuts guidance

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)