Raute's Annual Report 2016 published Lahti, Finlan

Lahti, Finland, 2017-03-03 09:00 CET (GLOBE NEWSWIRE) -- RAUTE CORPORATION ANNUAL FINANCIAL REPORT MARCH 3, 2017 at 10:00 a.m. RAUTE’S ANNUAL REPORT 2016 PUBLISHED Raute’s Annual Report for 2016 has been published in Finnish and English on the company’s website at www.raute.com. The printed Annual Report can be ordered by email from ir@raute.com. RAUTE CORPORATION Arja Hakala Chief Financial Officer FURTHER INFORMATION: Ms. Arja Hakala, CFO, Raute Corporation, tel. +358 400 710 387 Potential call requests to Ms. Arja Hakala through: Eija Salminen, Group Executive Assistant, tel. +358 50 3801517 DISTRIBUTION: Nasdaq Helsinki Ltd, main media, www.raute.com RAUTE IN BRIEF: Raute is a technology and service company that operates worldwide. Raute’s customers are companies operating in the wood products industry that manufacture veneer, plywood and LVL (Laminated Veneer Lumber). The technology offering covers machinery and equipment for the customer’s entire production process. As a supplier of mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Additionally, Raute’s full-service concept includes technology services ranging from spare parts deliveries to regular maintenance and equipment modernizations. Raute’s head office is located in the Nastola area of Lahti, Finland. Its other production plants are in Kajaani, Finland, the Vancouver area of Canada and in the Shanghai area of China. Raute’s net sales in 2016 were EUR 113.1 million. The Group’s headcount at the end of 2016 was 643. More information on the company can be found at www.raute.com.