Raute Oyj updated earnings guidance for the full year 2024. for the year, the company's net sales are expected to be between EUR 185 million - EUR 210 million against EUR 170 million- EUR 195 million expected previously. Rationale for the new guidance: Raute?s strong order backlog has supported the positive business development despite the continued challenging market environment.

Raute's project deliveries and services business have progressed better than anticipated, which has led to positive net sales and profit development during the second quarter. Therefore, Raute raises its guidance for both net sales and profit for the full year.