Despite uncertainties in the world’s economy, the demand for Ponsse forest machines continued to be brisk during the last quarter, the company said that its order intake was very good. At the end of the period under review they totalled EUR 361.1 million and the company said that with the improving availability of components, manufacturing volumes at the Vieremä factory have been growing. Source: Timberbiz
According to Ponsse, its Vieremä factory and the manufacturing network surrounding it are working well. There are still some risks related to the availability of components, but the situation is constantly improving. Factory maintenance work during the summer was successful, and the operations of the factory started normally at the beginning of August.
The challenges in starting the production of new products during the first quarter of the year have been resolved but the extensive damage caused by bark beetle in Europe is having an impact on the timber market.
Felling related to preventing and mitigating forest damage is temporarily increasing the amount of harvested timber in Europe, which also has a short-term effect on international timber flows.
