2025 was a challenging year at Ponsse but operating profits over the 12 months increased
Ponsse’s Financial Statement-President and CEO Juho Nummela
In 2025, economic conditions remained subdued, particularly in the forest industry, impacted by international trade disruptions and the U.S. tariff policy. While order flows were strong at the beginning of the year, they declined as uncertainty grew. Despite ongoing challenges, the last quarter saw reasonable order intake totaling around EUR 197.7 million, with the company’s order books ending at EUR 141.4 million.
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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.
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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.
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It is not possible to eliminate chain shot, but there are simple steps that can be taken to reduce the risk.
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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.
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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
Difficulties in the mechanical and chemical forest industries impacted forest machine sales, as weaker private consumption and low construction activity in Europe delayed customer investment decisions, especially in the third and fourth quarters. Demand was mainly supported by developments in Sweden, the US, and certain South American markets, with a slight improvement in Finland and better market conditions in Central Europe. However, the Canadian and southern Brazilian markets were heavily affected by US tariff policies.
Ponsse’s net sales for the period were EUR 749.9 million, nearly matching last year’s figure despite a challenging environment. Maintenance services performed well globally, and Epec showed strong growth. The factory in Vieremä also maintained production levels from the previous year.
In Brazil, progress was made on Ponsse’s Full Service agreement, which is set to conclude in 2026, with a gradual ramp-down starting then. The company will continue to support customers until the agreement’s end, ensuring a smooth transition.
Our relative profitability was 5.6% (4.9%), with a target of around 12% in a normal market and full factory capacity. Cash flow was EUR 23.3 million, facing challenges from high used machine stock. Although sales improved at the end of the fourth quarter, it wasn’t enough to reduce inventory. Our solvency and financial position remain strong, supported by good material circulation and high service levels.
Sustainability and responsible development are crucial for our future. We believe our technologies can advance sustainable forestry practices, enabling productive harvesting that supports forest regeneration. We have set two key targets: a 25% reduction in Scope 3 emissions by 2030 and a 15% annual increase in Reman refurbishment of spare parts. The emissions reduction focuses on enhancing product energy efficiency, while expanding Reman operations promotes circular economy practices by providing refurbished parts that lower raw material use and improve access for customers.
In 2025, we achieved significant improvements in collaboration and strategic focus, with a strong emphasis on product development and digital services. Insourcing enhanced our expertise, aligning our efforts with long-term goals and boosting customer value and cost efficiency. Our renewed operating model led to a clearer organizational structure, smoother cooperation, and a strong Ponsse culture in daily work.
We continued investing in our service network, product development, and digital solutions, opening new service centers in Poland, Germany, Argentina, France, and Brazil, and expanding our network with partners in Sweden, Norway, France, and the United States.
During the year, we launched a significant number of new products and features. We were the first in the world to introduce harvesting emissions reporting as part of the PONSSE Manager Pro service package. Emission monitoring supports the reduction of fuel consumption, compliance with environmental requirements and the selection of optimally sized equipment for logging sites. The largest product launches took place in our digital services, but new features were also introduced in forest machines and maintenance services. The year saw the launch of PONSSE Greasing System, PONSSE Manager Pro, PONSSE Fleet Monitoring, PONSSE Active Manual, PONSSE FeedControl and PONSSE Caliper 3+. Under the leadership of our technology company Epec, we also launched the Cabin Vision concept and a technological pilot environment where we will explore future cabin solutions.
In 2025, we celebrated Ponsse’s 55th anniversary with a tour that began in early spring in Finland and continued to South America, the Nordic countries, the United States, Central Europe and Asia. The events attracted large numbers of customers to celebrate Ponsse with us. In February, we delivered the 21,000th Ponsse forest machine manufactured in Vieremä to a customer in the United States. The anniversary year culminated in November when the President of the Republic of Finland, Alexander Stubb, visited our factory in Vieremä.
October – December:
– Net sales amounted to EUR 219.5 (223.5) million
– Operating profit totalled EUR 11.4 (17.6) million, equalling 5.2 (7.9) per cent of net sales
January – December:
– Net sales amounted to EUR 749.9 (750.4) million
– Operating profit totalled EUR 41.6 (36.8) million, equalling 5.6 (4.9) per cent of net sales
– Net result was EUR 30.5 (12.5) million
– Earnings per share were EUR 1.09 (0.45)
– Order books stood at EUR 141.4 (188.6) million at the end of the period under review
– Cash flow from business operations was EUR 23.3 (85.0) million
– Equity ratio was 59.5 (58.7) per cent at the end of the period under review
– The Board of Directors´ dividend proposal is EUR 0.55 (0.50) per share.
– The company’s euro-denominated operating profit in 2026 is estimated to be on a par with the operating profit 2025 (EUR 41.6 million).
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Written by loggers for loggers and dedicated solely to the equipment used in forestry operations.