Finnish private sawmills remain profitable despite weak lumber markets

Finland’s private sawmill sector delivered mixed financial results in 2025, with profitability remaining under pressure despite relatively stable turnover levels and stronger balance sheets following the exceptional profits generated during the Covid-era market boom. Among the country’s largest private sawmill companies, Luvian Saha recorded the highest operating profit margin last year, while FM Timber reported its third consecutive annual loss. Westas meanwhile achieved the strongest growth in both turnover and operating profit. The figures underline how uneven market conditions remain across the Nordic sawmill industry, where producers continue to face elevated raw material costs, volatile ...