Finnish wood processing company Keitele Group Oy reported higher revenue and improved profitability for its financial year ending 31 August 2025, while warning that rising log costs and weak global demand are likely to weigh on the industry in the coming year. Net sales rose 14.1% to €387.6 million, while operating profit improved to 6.3%, compared with 4.1% in the previous financial year. Profit for the period increased to €19.8 million, up from €11.2 million in 2024. Sawn timber delivery volumes increased 5% during the financial year, reflecting stronger utilisation of production ...
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