Pasi Arajärvi, who has been working as a Purchasing and Logistics Director and a member of the Management Team at Ponsse Plc since December 2004, is leaving the company on 13 May 2013. Juho Nummela, President and CEO, will be taking care of Arajärvi's responsibilities for the time being.

Ponsse Oyj reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, net sales were EUR 61.6 million, which is 19.7% less than in the comparison period. The operating result amounted to EUR 0.1 million. The operating result equalled 0.2% of net sales for the period under review. Consolidated return on capital employed (ROCE) stood at 3.4%. Cash flow from business operations amounted to EUR 12.2 million against cash used in business operations of EUR 1.9 million for the same period a year ago. Results before taxes was EUR 0.713 million against EUR 4.0 million for the same period a year ago. Net result was EUR 0.512 million or EUR 0.00 per basic and diluted share against EUR 2.8 million or EUR 0.09 per basic and diluted share for the same period a year ago. Capital expenditure was EUR 3.0 million against EUR 2.4 million for the same period a year ago. For the year 2013, the company’s operating profit is expected to remain lower than in 2012.

Ponsse Oyj announced that at the AGM held on April 16, 2013 decided to authorise a dividend per share of EUR 0.25 per share for 2012 (dividends totaling EUR 6,946,775). No dividend will be paid to shares owned by the company itself (212,900 shares). The dividend payment record date is April 19, 2013, and the dividends will be paid on April 26, 2013. The company announced that at the AGM also elected Janne Vidgrén be as a new member. At a Board meeting held after the AGM, Juha Vidgrén was elected Chairman of the Board.