Half-Year Report 2018

Precious Woods – a sustainable forest management company

Half-Year Report in detail

1 438

Revenue

in EUR million

Change in revenue 1.7 %

Increase in sales by 1.7 %

The Precious Woods Group generated net sales of EUR 22.8 million in the first half of 2018. This was 1.7 % above the previous year’s net sales of EUR 22.5 million. The exchange rate effect was –0.8 %. On a consolidated basis, Precious Woods Gabon achieved sales of EUR 15.7 million, 3.3 % higher than in the same period of the previous year (EUR 15.2 million). Sales in Brazil fell by 11.2 % to EUR 4.9 million (previous year: 5.5 million). Sales from the trade of logs and sawn timber from Europe rose by 21.4 % to EUR 2.4 million (previous year: EUR 2.0 million).

Further information: Financial information by segment

EBITDA

in EUR million

Change in EBITDA –5.0 %

EBITDA margin of 17.0 %

Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 3.9 million (previous year: EUR 4.1 million), corresponding to a margin of 17.0 %. Earnings before interest and taxes (EBIT) reached EUR 1.5 million (previous year: EUR 1.8 million), with a margin of 6.8 %.

Further information: Consolidated statement of profit or loss

Employees

in FTE

Change in employees 5.7 %

Women

2017

10 %

2018

10 %

Men

2017

90 %

2018

90 %

Precious Woods and the Sustainable Development Goals

In 2015 the United Nations issued the “2030 Agenda for Sustainable Development” with the 17 Sustainable Development Goals (SDG) as its central element covering a wide range of social, economic and ecological development issues. Within the SDG, protecting biodiversity and guaranteeing the livelihoods of the local population are addressed as priorities and aspirations for 2030. Precious Woods through its certified and sustainable activities in the Congo Basin and Amazonas rainforest is a strong contributor to these Sustainable Development Goals.

Moreover, the UN Framework Convention on Climate Change (UNFCCC) does underline in its 2015 Paris Agreement the fact that practicing sustainable forest management is important for limiting climate change and its impacts.

For more details visit: www.sdgcompass.org/sdgs/

Some more details on the connection between Certified and Sustainable Forest Management and the Sustainable Development Goals:

Read here

Next events

cApril 2019	Publication Annual Report 2018
c16 Mai 2019	Annual General Meeting

Half-Year Report 2018

Precious Woods – a sustainable forest management company

Key figures and information

22.8 EUR million

3.9 EUR million

1 438

Revenue

in EUR million

Change in revenue 1.7 %

Increase in sales by 1.7 %

EBITDA

in EUR million

Change in EBITDA –5.0 %

EBITDA margin of 17.0 %

Employees

in FTE

Change in employees 5.7 %

Women

Men

Precious Woods and the Sustainable Development Goals

Next events

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