Outlook for 2025

We still do not expect a strong recovery in the timber and construction sectors in the 2025 fiscal year. However, the stable volume of incoming orders in recent months will allow us to increase production and sales without disproportionately increasing inventories and unnecessarily tying up capital. Operationally, our goal remains to consolidate our newly regained profitability in what continues to be a challenging environment. At the same time, we are preparing to take full advantage of any future upturn by maintaining the competitiveness of our products and using existing resources and expertise more efficiently – without placing additional strain on the newly established cost structure.