Raute cuts 2026 sales forecast as Q2 revenue slides 25%

Finnish wood processing machinery manufacturer Raute revised down its 2026 sales guidance following a 25% year-over-year decline in second-quarter revenue.

The company reported Q2 revenue of €58.1 million, down from €77.7 million in the same period last year, citing weaker demand across key markets. Raute maintained its full-year outlook, though executives noted ongoing macroeconomic headwinds affecting order intake.

The revised 2026 target reflects a more conservative view of market conditions, with management citing prolonged softness in Europe and North America. The company did not disclose the new sales figure but indicated the adjustment aligns with current industry trends.

Raute’s shares, listed on Nasdaq Helsinki, have underperformed peers in recent months amid broader sector challenges. The company’s order backlog remains a focus, with executives emphasizing efforts to secure contracts in higher-growth regions.

The guidance cut follows a string of weaker-than-expected earnings reports from industrial machinery firms, signaling broader demand concerns in the sector.