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PONSSE'S HALF - YEAR REPORT FOR 1 JANUARY - 30 JUNE 2021 PONSSE 1/13 10.8.2021 ― Net sales for the period under review amounted to EUR 350.8 ( 276.4 ) million . - Operating result for the period under review totalled EUR 36.3 ( 21.8 ) million , equalling 10.3 ( 7.9 ) per cent of net sales . - - Profit before taxes for the period under review was EUR 35.9 ( 7.0 ) million . - Cash flow from business operations for the period under review was EUR 25.1 ( -14.3 ) million . - Earnings per share were EUR 0.89 ( 0.11 ) for the period under review . ― Equity ratio was 59.5 ( 47.9 ) per cent at the end of period under review . - Order books stood at EUR 355.5 ( 179.3 ) million at the end of period under review . ― Net sales for the second quarter amounted to EUR 187.4 ( 131.9 ) million . - Operating result for the second quarter totalled EUR 19.5 ( 8.4 ) million , equalling 10.4 ( 6.4 ) per cent of net sales . PRESIDENT AND CEO JUHO NUMMELA : The forest machine market continued its very positive development during the second quarter of the year . The good situation in the forest industry and among our customers was reflected favourably in all our business areas . Ponsse's order flow totalled EUR 236.3 million for the second quarter , increasing our order books to EUR 355.5 million . Our factory operated efficiently during the period under review , and we manufactured all the PONSSE forest machines included in our production programme as planned . Demand for forest machines remained excellent in nearly all of our market areas . During the second quarter , we grew strongly and all our business areas developed positively . The steady work situation of our customers has been evidenced by the strong growth of our maintenance services . In addition , demand for trade - in machines has been high , and the rotation of our trade - in machine stock has developed in a positive direction . Our trade - in machine stock is showing slight growth driven by the strong invoicing for new machines . Nevertheless , our working capital has remained at a good level and our cash flow has been very strong considering the period . The availability of parts and components continues to be a challenge due to high demand for machine and equipment manufacturing . Our organisation has cooperated excellently with our supplier and manufacturing network , and we have been able to secure the availability of parts for PONSSE forest Ponsse Oyj . Fl - 74200 Vieremä , Finland , Phone +358 20 768 800 Business ID : 0934209-0 , Registered Office , Vieremä , Finland A logger's best friend www.ponsse.com