Finland's Ponsse Q3 net sales fall 7.4% as demand weakens

By Reuters News


Overview

  • Finnish forest machine maker's Q3 net sales fell 7.4% yr/yr and amid weak demand

  • Operating profit for Jan-Sept dropped 39% yr/yr, pressured by lower invoicing and higher costs

  • Company kept 2026 profit guidance unchanged, expects operating profit on par with 2025


Outlook

  • Ponsse sees 2026 operating profit on par with 2025 at €41.6 mln

  • Company says market uncertainty persists but invoicing potential remains for rest of yr

  • Ponsse to adjust factory capacity through year-end to match market conditions


Result Drivers

  • WEAK DEMAND - Co said low construction and private consumption continued to affect demand in the forest industry, impacting customers and sales

  • LOWER INVOICING - Profitability was weighed down by lower-than-expected invoicing for new machines and maintenance services, per CEO Juho Nummela

  • COST PRESSURES - Rising cost levels and higher fuel prices weighed on profitability and customer investment decisions, according to management


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

9M Sales

EUR 513.70 mln

9M EPS

EUR 0.59

9M Net Income

EUR 16.40 mln

9M EBIT

EUR 18.40 mln


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

  • Wall Street's median 12-month price target for Ponsse Oyj is €23.00, about 8.5% above its October 19 closing price of €21.20

  • The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 18 three months ago


Reuters Recommended Reads

  • Oct 19 - Norway's Mowi Q3 harvest volumes and EBIT hit record highs

  • Oct 20 - Switzerland's Huber+Suhner 9-month sales rise on broad-based growth

  • Oct 20 - Switzerland's Comet Holding Q3 sales jump on AI, semiconductor demand


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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