Half-Year Report 2017

Precious Woods – a sustainable forestry company

Half-Year Report in detail

1 360

Revenue

in EUR million

Change in revenue 7.5 %

Increase in sales by 7.5%

The net sales of the Precious Woods Group in the first half-year 2017 were EUR 22.5 million and thus 7.5% higher than the same period of the previous year (EUR 20.9 million). The exchange rate effect was 0.4%. The saw mills in Gabon increased sales by 8.2%, with sales in the veneer plant rising by 12.5%. In Brazil, sales were 11.3% lower than in the previous year period. Sales from the trade of logs and sawn timber from Europe rose by 89.0%, achieving EUR 2 million.

Further information: Financial information by segment

EBITDA

in EUR million

Change in EBITDA 7.3 %

EBITDA margin of 18.2%

Earnings before interest, taxes, depreciation and amortization (EBITDA) was EUR 4.1 million (previous year: EUR 3.8 million), corresponding to a margin of 18.2 %. Earnings before interest and taxes (EBIT) reached EUR 1.8 million (previous year: EUR 1.3 million), with a margin of 8.1 %.

Further information: Consolidated statement of profit or loss

Employees

in FTE

Change in employees 4.1 %

Women

2016

11 %

2017

10 %

Men

2016

89 %

2017

90 %

20 Years of sustainable forestry in the Amazon

Precious Woods Amazon was the first forestry operation in Brazil to achieve FSC certification. A recertification audit is carried out every five years and a regular audit every year. In July 2017 we passed our fourth recertification with flying colours, and in September we will celebrate our 20th anniversary in Itacoatiara with FSC, WWF, Imaflora and international forestry experts.

Thank you and congratulations to our employees for this outstanding work!

cApril 2018	Publication Annual Report 2017
c17. Mai 2018	Annual General Meeting

Half-Year Report 2017

Precious Woods – a sustainable forestry company

Key figures and information

22.5 EUR million

4.1 EUR million

1 360

Revenue

in EUR million

Change in revenue 7.5 %

Increase in sales by 7.5%

EBITDA

in EUR million

Change in EBITDA 7.3 %

EBITDA margin of 18.2%

Employees

in FTE

Change in employees 4.1 %

Women

Men

20 Years of sustainable forestry in the Amazon

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