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Raute: Delayed completions burden turnover and result

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Published in issue 45/2014
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Both the turnover and the operating result at the Finnish machinery manufacturer Raute Corp., headquartered in Nastola, were considerably weaker than expected in the third quarter of 2014, at €24.7m (July-Sept. 2013: 15.6m) and minus €309,000 (+308,000). Raute CEO and president Tapani Kiiski attributes those ...

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