Gabon

Precious Woods Gabon – further progress

PW Gabon’s net sales amounted to EUR 30.7 million, 7.3 % above the previous year’s figure of EUR 28.6 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) reached EUR 9.9 million. This represents an improvement of 29.8 % over the previous year (EUR 7.6 million). The EBITDA margin was 32.4 %, an increase of 5.7 percentage points. Earnings before interest and taxes (EBIT) amounted to EUR 5.7 million, more than double that of the previous year (EUR 2.7 million). Overall, this corresponds to a margin of 18.6 % (previous year: 9.5 %).