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Ponsse Plc issues a profit warning
Ponsse Plc issues a profit warning. The company will not reach the set operating profit target. Due to the uncertain situation, Ponsse will not provide new guidance for the current year at this stage.
Vieremä, 17 March 2020
President and CEO
Juho Nummela, President and CEO, tel. +358 400 495 690
Nasdaq Helsinki Ltd
Ponsse Plc specialises in the sale, production, maintenance and technology of cut-to-length method forest machines and is driven by a genuine interest in its customers and their business operations. Ponsse develops and manufactures sustainable and innovative harvesting solutions based on customer needs.
The company was established by forest machine entrepreneur Einari Vidgrén in 1970, and has been a leader in timber harvesting solutions based on the cut-to-length method ever since. Ponsse is headquartered in Vieremä, Finland. The company’s shares are quoted on the Nasdaq Nordic List. This year Ponsse celebrates its 50th Anniversary.