Ponsse OYJ
PON1V
ISIN FI0009005078 / Valor 352495
Ponsse OYJ
UMushroom community rating:
About company
Ponsse OYJ is a Finnish company that manufactures and sells forestry machinery and equipment.
Summarized from source with an LLMView SourceSector: Consumer CyclicalsLatest Results (14.08.2024):
Net Sales
Ponsse OYJ's net sales for the first half of 2024 amounted to EUR 357.7 million, a decrease of 12.7% compared to the same period in 2023, which was EUR 409.8 million. The decline in net sales was influenced by lower delivery volumes of forest machines and a challenging market situation for used machines.
Operating Profit
For the first half of 2024, Ponsse OYJ reported an operating profit of EUR 0.6 million, significantly lower than the EUR 26.8 million recorded in the same period of the previous year. The operating profit was impacted by an expense of EUR 18.6 million related to the Brazilian Full Service contract.
Net Result
Ponsse OYJ's net result for the first half of 2024 was a loss of EUR 11.7 million, compared to a profit of EUR 21.8 million in the same period of 2023. This decline in net result reflects the challenging market conditions and the expenses associated with the Brazilian Full Service contract.
Order Books
At the end of the first half of 2024, Ponsse OYJ's order books stood at EUR 210.4 million, down from EUR 294.2 million at the end of the same period in 2023. Despite the challenging market conditions, the company's order book has remained relatively stable throughout the first half of the year.
Cash Flow
Ponsse OYJ reported a positive cash flow from business operations amounting to EUR 25.4 million for the first half of 2024, a significant improvement from EUR 0.1 million in the same period of the previous year. The improvement in cash flow is attributed to better working capital management, although some capital remains tied up in inventories.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
718 M
Market cap (USD)
7,826
Daily traded volume (Shares)
20.3 / 20
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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