Ponsse Machine Sales increased in the first quarter of 2025

Ponsse Machine Sales picked up slightly during the first quarter of the year. Order intake totalled EUR 184.5 million. At the end of the period, the company’s order books stood at EUR 187.7 (226.0) million. The order books turned to a slight increase at the end of the quarter, driven by the European market.

PRESIDENT AND CEO JUHO NUMMELA – Despite the challenging financial and labour market situation, Ponsse machine sales increased positively by about nine per cent to EUR 185.4 (169.7) million. Ponsse’s machine deliveries increased from the previous year and the factory operated as planned.

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

Net sales of maintenance services remained at a high level, driven by the busy start of the year for our customers. The slight recovery of the used machine market reflected the workloads of our customers, and used machine sales showed growth during the review period. While the operations of Epec Oy, Ponsse’s technology company, continued to suffer from the general downturn in machine manufacturing, its net sales stopped falling and settled at the previous year’s level.

Ponsse Plc, Interim report, 23 April 2025, 9:00 a.m.

January-March:
– Net sales amounted to EUR 185.4 (169.7) million
– Operating profit totalled EUR 13.2 (1.2) million, equalling 7.1 (0.7) per cent of net sales
– Net result was EUR 14.4 (-3.4) million
– Earnings per share were EUR 0.51 (-0.12)
– Order books stood at EUR 187.7 (226.0) million at the end of the period under review

– Cash flow from business operations was EUR 15.9 (8.5) million
– Equity ratio was 60.7 (57.6) per cent at the end of the period under review

– The company’s euro-denominated operating profit is estimated to be slightly higher in 2025 than in 2024 (EUR 36.8 million)

Our operating profit was reasonable during the first quarter, and our relative profitability was 7.1 (0.7) per cent. The increased invoicing for new machines and the improved situation involving the Full Service agreement of Ponsse Latin America Ltda, Ponsse’s subsidiary in Brazil, had an impact on the development of the operating profit. Customer cooperation under the agreement has been stabilized.

Cash flow during the period under review was EUR 15.9 (8.5) million. Stock levels have remained stable after the beginning of the year, and the cash flow has been facilitated especially by the good operating result and the increase in trade payables following higher purchase volumes. Used machine stocks remain high, raising our working capital above normal. The company’s solvency has remained at a very good level. Ponsse is net debt-free, and its own capital ratio has developed favourably.

Ponsse is closely monitoring the changed global situation. The tariff policy causes challenges and uncertainties in the markets. At Ponsse, we are staying calm and are monitoring how the global tariff policy will affect the global economy. We focus on serving our customers as well as possible in all situations.

Ponsse is currently celebrating its 55-year history with a festive tour, which started in Finland earlier this year. In six locations we were able to meet customers and partners, forestry professionals and forest owners. The meetings allowed us to look back on the company’s history and the development of forest machines from the 1970’s to the present day, but always with an eye to the future: how we can continue to make the best forest machines in the world, listening to our customers’ wishes and feedback. Our celebration tour continues this year in more than ten countries around the world.

NET SALES

Consolidated net sales for the period under review amounted to EUR 185.4 (169.7) million, which is 9.3 per cent more than in the comparison period. International business operations accounted for 75.2 (71.2) per cent of net sales.

Net Ponsse Machine sales were regionally distributed as follows: Nordic countries and the Baltics 46.7 (50.4) per cent, Central and Southern Europe 22.8 (19.7) per cent, North America 13.1 (9.8) per cent, South America 15.8 (18.0) per cent and Asia, Australia and Africa 1.6 (2.1) per cent.

PROFIT PERFORMANCE

The operating profit amounted to EUR 13.2 (1.2) million. The operating profit equalled 7.1 (0.7) per cent of net sales for the period under review. The impact on profit of the Brazilian Full Service contract for the period under review was EUR -1.0 million. There is a provision of EUR 15.0 million in the Group’s balance sheet for a loss-making contract. Provision was increased by a net amount of EUR 1.0 million during the period under review. The contract is fixed-term and will expire at the end of 2026.

Consolidated return on capital employed (ROCE) stood at 15.7 (-0.8) per cent.

Staff costs for the period under review totalled EUR 29.7 (27.8) million. Other operating expenses stood at EUR 21.8 (22.1) million. The cost impact of the loss-making Full Service contract of the Brazilian subsidiary is included in other operating expenses. The net total of financial income and expenses amounted to EUR 1.8 (-3.8) million. Exchange rate gains and losses due to currency rate fluctuations were recognised under financial items, having a net impact of EUR 2.2 (-2.7) million. During the period under review, EUR -0.1 million of revaluation losses on interest rate swaps were recognised in the result. The parent company’s receivables from subsidiaries stood at EUR 104.9 (119.2) million net. Receivables from subsidiaries mainly consist of trade receivables.

Result for the period under review totalled EUR 14.4 (-3.4) million. Diluted and undiluted earnings per share (EPS) came to EUR 0.51 (-0.12).