Nordic Business Report-April 27, 2006-Raute Corporation reports 3-month operating profit of EUR1.1m
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Finnish technology company Raute Corporation reported on Thursday (27 April) an operating profit of EUR1.1m on net sales of EUR26.5m for the financial quarter January-March 2006.
Both operating profit and net sales for the three-month period increased respectively from EUR0.4m and EUR18.5m, as compared to the corresponding period in 2005.
Net sales for 2006 are expected to remain at the previous year's level, while operating profit is expected to improve.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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