Outlook

Financial guidance for 2024

Outlook 2024

June 19, 2024

Raute updates its guidance regarding net sales and profit.

New guidance for 2024:
Raute’s 2024 net sales are expected to be between EUR 185 - 210 million and comparable EBITDA to be between EUR 13 – 17 million.

Previous guidance for 2024: (published on February 15, 2024, reiterated on May 3, 2024):
Raute’s 2024 net sales are expected to be between EUR 170 - 195 million and comparable EBITDA to be between EUR 10 – 14 million.

Rationale for the new guidance:
Raute’s strong order backlog has supported the positive business development despite the continued challenging market environment. Raute's project deliveries and services business have progressed better than anticipated, which has led to positive net sales and profit development during the second quarter. Therefore, Raute raises its guidance for both net sales and profit for the full year. 

May 3, 2024

Raute reiterates its guidance statement for 2024:

Raute’s 2024 net sales are expected to be between EUR 170–195 million and comparable EBITDA between EUR 10–14 million.

February 15, 2024

Raute’s 2024 net sales are expected to be between EUR 170 - 195 million and comparable EBITDA to be between EUR 10 – 14 million.