Marked increase registered in Raute’s operating loss

Operating result pushed well into negative figures by withdrawal from Russia

The plant and machine manufacturer Raute Oyj of Nastola, Finland, received orders worth a total of €40m (April-June 2021: €65m) in the second quarter of 2022. The sharp reduction of 38% against the corresponding period of the preceding year is attributable to losses in new installations business (-55% to €21). The “...

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