HLSE:RAUTEMachinery
Raute (HLSE:RAUTE) Stock Eyes Margin Strength As Orders Stay Soft
Raute Oyj heads into the post earnings session with a stock that has drifted lower in recent weeks, down about 5% over both the past 7 days and the past month, and sitting at €14.60 at the last close. The market focus has been on soft order intake and weaker volumes in its cyclical wood processing equipment business. The real headline is different. Raute held a strong comparable earnings before interest, tax, depreciation and amortization margin of 12% in Q2 and kept full year earnings...