# Koskisen Oyj > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/en/companies/koskisen). ## Overview Koskisen is a Finnish company with over a century of expertise in wood processing, known for its quality and reliability. It operates in the mechanical wood product industry, producing sawn timber and further processed wood products. The company has an integrated business model that enhances material and overall efficiency, supporting profitable growth. Koskisen's operations are closely tied to sustainable forestry practices, ensuring compliance with PEFC and FSC certification requirements. ## Products & services • Sawn timber from spruce and pine • Further processed wood products • Veneer, plywood, and chipboard • Interior solutions for light commercial vehicles under the Kore brand • By-products for pulp and paper industry • Bioenergy for power plants - **Sawn Timber** (40%) — Includes standard and dimensioned timber from spruce and pine. - **Processed Wood Products** (20%) — Comprises planed and painted wood products. - **Panel Products** (25%) — Includes veneer, plywood, and chipboard. - **Vehicle Interiors** (10%) — Interior solutions for light commercial vehicles under the Kore brand. - **By-products and Bioenergy** (5%) — By-products for pulp and paper industry and bioenergy for power plants. - Sawn timber from spruce and pine - Further processed wood products - Veneer, plywood, and chipboard - Interior solutions for light commercial vehicles under the Kore brand - By-products for pulp and paper industry - Bioenergy for power plants ## Customers Koskisen serves a diverse range of customers, including those in the construction and furniture industries. Its sawn timber is primarily used in construction, while veneer and plywood find applications in commercial vehicles and various interior solutions. The company's chipboard products are popular in furniture manufacturing. Koskisen also supplies by-products to the pulp and paper industry and bioenergy to power plants, demonstrating its integrated approach to resource utilization. - **Construction** (primary) — Buys sawn timber for building projects due to its quality and reliability. - **Furniture Manufacturing** (secondary) — Uses chipboard and processed wood products for furniture assembly. - **Automotive** (secondary) — Purchases veneer and plywood for vehicle interior solutions. - **Pulp and Paper** (emerging) — Acquires by-products for their production processes. - **Energy** (emerging) — Utilizes bioenergy for sustainable power generation. - Construction companies use sawn timber for building projects. - Furniture manufacturers purchase chipboard for product assembly. - Automotive industry utilizes veneer and plywood for vehicle interiors. - Pulp and paper industry buys by-products for production processes. - Power plants acquire bioenergy to support sustainable energy production. ## Geography Koskisen operates primarily in Finland, with production facilities located in Järvelä and Hirvensalmi, and additional sites in Toporów and Skwierzyna, Poland. The company's geographic presence is crucial for sourcing raw materials and serving its European customer base. Koskisen's operations are strategically positioned to leverage sustainable forestry practices and maintain close relationships with local forest owners. This geographic strategy supports its integrated business model and enhances supply chain efficiency. - Headquartered in Finland with production facilities in Järvelä and Hirvensalmi. - Operates additional manufacturing sites in Toporów and Skwierzyna, Poland. - Strategic location supports sustainable forestry and raw material sourcing. - European presence facilitates serving a diverse customer base. - Geographic strategy enhances supply chain efficiency and sustainability. ## Strategy Koskisen aims to achieve a revenue target of 500 million euros by 2027 through both organic and inorganic growth. The company focuses on maintaining a strong balance sheet and achieving an average adjusted EBITDA margin of 15% over the cycle. Strategic priorities include expanding its panel product offerings and enhancing operational efficiency through integrated production processes. Koskisen is also committed to sustainability, leveraging green transition opportunities to drive growth in key markets. - **Revenue Growth** (long-term) — To achieve a 500 million euro target by 2027. - **Operational Efficiency** (medium-term) — To enhance production processes and reduce costs. - **Sustainability** (long-term) — To capitalize on green transition opportunities. - Targeting 500 million euros in revenue by 2027 through growth strategies. - Maintaining a strong balance sheet and achieving a 15% EBITDA margin. - Expanding panel product offerings to capture market opportunities. - Enhancing operational efficiency through integrated production processes. - Leveraging sustainability and green transition for market growth. ## Risks Koskisen faces several risks, including market cyclicality in the sawn timber and panel industries, which can impact demand and profitability. Fluctuations in wood prices and potential disruptions in wood supply pose additional challenges. The company is also exposed to geopolitical risks and regulatory changes, particularly those related to environmental policies. Climate change and extreme weather events could affect raw material availability and costs, while technological advancements may require strategic investments to remain competitive. - **Market Cyclicality** [high] — Affects demand and profitability in timber and panel industries. - **Wood Price Fluctuations** [medium] — Impact operational costs and supply chain stability. - **Geopolitical Risks** [medium] — Influence regulatory environment and market access. - **Climate Change** [high] — Affects raw material availability and operational costs. - **Technological Advancements** [medium] — Require investments to maintain competitiveness. - Market cyclicality affects demand and profitability in timber and panel industries. - Wood price fluctuations and supply disruptions pose operational challenges. - Geopolitical risks and regulatory changes impact business operations. - Climate change and extreme weather events affect raw material availability. - Technological advancements require strategic investments for competitiveness. ## Accounting Koskisen's financial reporting is influenced by several critical accounting matters, including the valuation of forest assets and the timing of revenue recognition. The company uses historical loss data and forecasts to assess expected credit losses on receivables. Foreign currency transactions are converted based on the functional currency of each entity, with the consolidated financial statements presented in euros. The valuation of biological assets, such as forests, involves significant management estimates and assumptions, impacting the balance sheet. - **Forest Asset Valuation** - **Revenue Recognition Timing** - **Expected Credit Losses** - Valuation of forest assets involves significant management estimates. - Revenue recognition timing affects financial performance reporting. - Expected credit losses on receivables assessed using historical data. - Foreign currency transactions converted based on functional currency. - Consolidated financial statements presented in euros. --- *Last updated: 2026-08-11T04:04:53.846885+00:00*