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Annual Summary

In 2007, Ponsse Plc issued 30 releases out of which 13 were stock exchange releases. The releases are available on Ponsse's website in English and in Finnish.

THE YEAR 2007 IN BRIEF

In 2007, Ponsse’s businesses developed as planned, and the company grew faster than the industry in general. Turnover grew by 29.9 per cent. The number of new orders was up by 49 per cent from the previous year. At year end, the company’s order books were valued at their highest in the company’s history.

In 2007, Ponsse received 70.6 per cent of its turnover from international business. New subsidiaries were established in China, Hong Kong and Uruguay during the year under review. The first major deals in Brazil and Uruguay and the first machine deliveries to China were agreed during the year. Ponsse’s technology company Epec Oy
launched new products and received new customers, achieving a major position on several markets.

Service business operations grew by 34 per cent during the year under review. Such favourable development is attributable to increased machine stock, new service products, a growing number of service agreements and the expansion of our service network to new areas.

During the year the company invested in product development and in broadening its product offering. At the end of the year, Ponsse introduced a new forwarder solution for soil with poor load-bearing capacity. The usability and productivity of Ponsse’s best-selling harvester, the PONSSE Ergo, was improved through a development programme covering over 30 points.

The investment programme for the vieremä factory continued, with the main emphasis on developing automation and processes and procedures for constant improvement. The supplier network was developed further. The development of the supplier network had a positive impact on production despite general material availability problems.

Two new companies were established in the business park for partner companies during the year.

Ponsse adopted a more intensive policy to develop forest machine education in all market areas, launching ooperation with the Moscow State Forest University, for instance.

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