Raute’s low order book remains an issue for now, but in our view chances are European orders will begin to rebound soon.
Raute’s EUR 4.2m comparable EBITDA met our estimate despite the relatively low top line as Wood Processing once again delivered very strong ...
Raute reports Q1 results on May 7. Earnings will decline this year from the high comparison period, yet Raute’s order book should be stabili...
Raute’s margins were again higher than we estimated, however orders were still soft relative to our expectations.
Raute achieved an EBITDA margin of 15.8% in Q4’25, which it may not be able to produce again in the short-term as its revenue looks set to d...
Raute reports Q4 results on Feb 12. Wood Processing has already demonstrated very high margins so that for now focus remains on order intake...
Raute’s Q3 figures were encouraging, and even if FY’26 EBITDA would decline more than we estimate the earnings multiples are still low enoug...
Raute recently issued another positive profit warning, according to which FY’25 revenue will be slightly lower than previously anticipated w...
Raute reports Q3 results on Oct 30. Earnings are likely to peak at least temporarily this year, but multiples also don’t imply big expectati...
Raute’s margins impress, while extended low orders pose big earnings headwinds, yet multiples remain very undemanding.
Raute’s EUR 43.8m Q2 top line came in clearly below our estimate, yet the EUR 6.
Raute reports Q2 results on Aug 12. This year will set another earnings record, while the focus now turns to new orders.
Raute has already achieved high results, and they could be even higher in a more favorable market environment.
Raute’s Q4 margins were a bit lower than we estimated even if top line was higher than we expected.
Raute reports Q4 results on Feb 13. FY’24 already showed strong results, while low valuation limits downside potential.
Raute’s Q3 earnings were already very strong, and although new order softness persists valuation also remains very low.
Raute’s EUR 46.4m Q3 revenue was soft relative to our estimate, yet the EUR 6.
Raute reports Q3 results on Oct 31. The company upgraded guidance as in our view especially Wood Processing margins have developed better th...
Raute’s Q2 figures were mostly impressive even if smaller order flow remains one source of uncertainty.
Raute’s Q2 revenue and earnings were a lot higher than we estimated as performance improved thanks to the large orders received last year.
Raute’s Q1 showed how Wood Processing is to return to black after a string of challenging years.
Raute’s Q1 results were a bit better than we estimated despite certain operational issues caused by political strikes in Finland as well as ...
Raute reports Q1 results on May 3. We estimate earnings to improve over the course of the year, driven by the order book.
Raute’s Q4 profitability didn’t meet our estimates as Wood Processing still lacked volume while development costs were also at an elevated l...
Raute’s Q4 figures were slightly mixed relative to our estimates as Services and Analyzers performed better than we expected while Wood Proc...
Raute’s Q3, like its orders, showed twofold developments as margins were relatively high while market uncertainty has increased even further...
Raute’s Q3 revenue was meaningfully lower than we estimated, yet absolute profitability figures were still in line with our estimates as the...
Raute reports Q3 results on Oct 26. Raute’s EBIT is bound to improve in the coming years, whereas short-term focus may lie more around small...
Raute’s Q2 showed mixed trends, yet the company proceeds with a very high order book and strategic developments.
Raute’s Q2 figures were a bit of a mixed bag relative to our estimates as top line and profitability were lower than we expected while order...
Raute reports Q2 results on Aug 25. We see Q2 a bit soft but growth is set to continue next year with large orders.
Raute is set to complete its equity injections during the next few weeks.
Raute’s Q1 was mostly better than we estimated. Large orders have on the one hand improved outlook, while on the other there seems to be mor...
Raute’s Q1 results came in clearly better than our estimates.
Raute reports Q1 results on Apr 28. Large projects solidify outlook, while the new strategy hints at growth ambitions particularly in Americ...
We make some cuts to our estimates after Raute’s Q4 report, but the bigger picture remains largely unchanged.
Raute’s Q4 revenue was clearly higher than we estimated, whereas EBIT was on the soft side especially considering the strong top line.
Raute reports Q4 results on Feb 14. There’s still haze around revenue and margins going forward, but long-term potential exists while downsi...
Raute’s Q3 figures were encouraging, and although profitability may still be muted for a few quarters we view valuation conservative enough ...
Raute’s Q3 top line and profitability topped our estimates.
Raute reports Q3 results on Oct 21. We expect gradual improvement amid inflation and shift to Western markets.
Raute has now largely cleaned its Russian exposure and Western orders are materializing at a good pace, however H2’22 profitability will sti...
Raute’s Q2 revenue and EBIT were clearly worse than we expected, however order intake was well above our estimate.
Raute reports Q2 results on Jul 22. We make downward revisions to our estimates due to the latest update as well as the deterioration in wid...
Inflation hurt Raute’s Q1 EBIT more than we estimated, but the longer-term picture wasn’t changed all that much.
Raute’s Q1 revenue and order intake were above our estimates, however inflation had a larger negative effect than we had expected as EBIT cl...
Raute reports Q1 results on Apr 29. We continue to expect only break-even EBIT for this year.
Raute withdrew its guidance for the year due to the large Russian order book exposure.
Raute’s Q4 report didn’t provide that many news as recent profitability challenges are familiar.
Raute’s Q4 figures didn’t include that many surprises as the company had already disclosed some preliminary info on FY ’21 results.
Raute reports Q4 results on Fri, Feb 11. Last year was another gap in terms of profitability, but Raute has managed to stack up a record-hig...
Raute’s profitability already improved. There’s uncertainty as to how much more margins will improve in the short-term, but we remain confid...
Raute reached an already reasonable EUR 1.9m EBIT in Q3.
Raute reports Q3 results on Oct 22. We make only minor revisions to our estimates to reflect recent new orders and continue to expect strong...
Demand is improving somewhat faster than we expected The EUR 35.
Raute’s environment has improved faster than we expected, as seen in the recent signing of two large orders.
