Outlook

Short-term outlook

The development of the global economy is subject to considerable uncertainty in the short term. Higher financing costs, cost inflation and general uncertainty are affecting the demand for Koskisen’s products. Forecasting the development of demand is also hampered by the end of deliveries of sawmill and plywood products from Russia and lower production volumes in Central Europe and Canada.

However, in the long term, the demand for wood-based products is expected to grow, as the use of wood- based products in construction and logistics solutions is preferred on ecological grounds.