West Fraser’s sawmill division achieved a turnover of Can$ 713 million ( 513 million) in the 3Q 2014. This is 23% more than in the same period last year. The sales increase of the Canadian integrated forestry company can be explained with a 6% rise in softwood lumber shipments (to now 2.4 million m³), lumber prices being 8-30% higher than in 3Q 2013 as well as with favourable exchange rate effects and the acquisition of three sawmills. This also led to a leap in profits. The operating profit from July to September jumped 77% from last year’s results to Can$ 101 million ( 70.9 million). The EBITDA margin rose from 14% to 18%.
Across all divisions, the West Fraser Group achieved an operating profit of Can$ 111 million ( 77.9 million, +52% compared to Q3 2013) on sales of Can$ 1.03 billion ( 723 million, +17%).
Until the end of September, Japan purchased much bigger volumes of foreign softwood lumber than in the same period last year. However, the total import volume recorded in 2023 was the lowest since...
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The fourth quarter of 2024 started with price increases for several wood products. The Holzkurier’s sales indicator grew by a marked 2.7 percentage points to 134.9% in October.
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In the first eight months, Finland saw its softwood lumber exports (incl. planed timber) decreased year on year – despite marked increases in sales on the two main foreign markets.
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The owners of the Finnish company Junnikkala signed an agreement to sell the entire share capital to Stora Enso. Junnikkala, one of Finland’s leading lumber producing and processing companies,...
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