Kesla Oyj to initiate a restructuring and structural review process for its business and financial situation

Kesla Oyj’s operating environment has remained exceptionally uncertain for more than two years, which has been reflected in the company’s revenue, profitability, orders received and the utilisation rate of production facilities.

80,000 Hours

That’s a remarkable amount of work hours for a single machine, the Norcar 600 owned by Erkki Rinne is taken well care of, it even has the original Diesel engine.
Kieran Anders Forestry

Kieran Anders is a forestry contractor working in the lake district. His work involves hand cutting and extracting timber using a skidder and tractor-trailer forwarder.
Promoting safety in the workplace

It is not possible to eliminate chain shot, but there are simple steps that can be taken to reduce the risk.
Glasfryn Fencing and Sawmill

Arwel takes great pride in the fact that the mill has no waste whatsoever, “the peelings are used for children’s playgrounds, gardens and for farm animals in barns in the winter and the sawdust has multiple uses in gardens and farms as well.
Keeping Timber Hauliers Safe

Timber hauliers need to encourage young blood in, and also look after the hauliers we have, we need make the sector a safe and positive place to work.

FIND US ON

As Kesla commented in its business review published on October 31, 2025, the company expects the market situation to continue to be challenging, and Kesla cannot be sure when demand will recover. As a result, the company has estimated that it will need to implement increasingly extensive efficiency and cost saving measures as well as possible structural changes in its business operations in the future.

Kesla’s Board of Directors has today, December 1, 2025, approved the restructuring plan prepared by the company’s management and decided to initiate a restructuring and structural review process for Kesla’s business and financial situation.

The aim of the large-scale process is to ensure the continuity of Kesla’s business, profitability, financial leeway and long-term competitiveness.

The restructuring and structural review process covers the entire Group and includes the following areas:

Assessment of Kesla’s financial position
Developing the cost structure to be more efficient and improving productivity throughout the organization
Strategic review of Kesla’s production processes and possible restructuring to optimize the production structure
Strategic review of Kesla’s product groups

Kesla’s CEO Pasi Nieminen: “With the planned actions, we ensure that the continuity of Kesla’s business as well as its long-term competitiveness and future are secured, and that we minimise the negative effects caused by the market situation on our personnel and other stakeholders. The planned actions will not have any immediate impact on our personnel in addition to the ongoing adjustment measures. We will continue to operate in accordance with our mission and vision, consistently executing our strategy. The basis for everything is that Kesla will continue to have a competitive product and service range that serves the needs of demanding customers. With the planned actions, we will ensure that we are able to deliver on this promise

and that we have a healthy business based on a sound financial base.”

The restructuring and structural review process will be launched immediately and will proceed under the guidance of the Board of Directors. The progress of the process and the decisions made on the basis of it will be announced separately.