Here are Aapeli’s thoughts on Ponsse’s upcoming change negotiations.
The company announced it would initiate change negotiations concerning almost all of its Finnish personnel regarding potential layoff needs for next year due to the weakened market situation. The change negotiations did not come as a significant surprise, considering the rapidly darkening news flow from the domestic forest sector during the autumn and the overall picture from Ponsse’s Q3 report. The news has no immediate impact on our forecasts or our view of the company.