Ponsse changes performance guidance for 2022

Ponsse changes performance guidance for 2022. The company’s euro-denominated operating result in 2022 is expected to be on a par with the comparable operating result of its continuing operations in 2021 (Euro 50 million, 8.2% of net sales).

The company’s relative profitability is expected to decrease significantly, however, due to divesting its Russian business, difficulties in the availability of parts and components, and heavy inflation.

In the performance guidance issued by Ponsse on 25 April 2022, the euro-denominated operating profit in 2022 was estimated to be significantly lower than in 2021 due to the disruption of imports to Russia, difficulties in the availability of parts and components, and heavy inflation. Ponsse will publish its half-year report on August 9, 2022.

Ponsse Plc is a company specialising in the sales, manufacture, servicing and technology of cut-to-length method forest machines.

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