Koskinen continues to grow, quarterly turnover at record level

Koskisen increased its turnover in the first half of the year. The wood processing company's turnover in January-March rose by a fifth to 105 million euros, the highest level ever, the company reports . The 100 million euro mark was now exceeded for the first time. However, profitability weakened. Operating profit amounted to EUR 2.5 million, which is 60 percent less than a year ago. EBITDA fell to EUR 6.5 million. The background is the war with Iran, which has led to rising energy prices and interest rates. This has slowed the recovery in construction ...

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