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 ...
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