Group results
Increased profitability, but decline in sales due to delivery problems
Precious Woods achieved consolidated net sales of EUR 44.4 million in fiscal year 2019. This was 4.2 % below the previous year’s sales (EUR 46.3 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 18.4 million and EUR 5.9 million on a normalized level (previous year: EUR 5.1 million). Earnings before interest and taxes (EBIT) amounted to EUR 14.0 million and EUR 1.4 million on a normalized level (previous year: EUR 1.7 million). The net result was EUR 8.0 million and EUR -1.1 million on a normalized level (previous year: EUR -1.7 million).
| in EUR million | 2019 | 2018 | Index | Change | ||||
|---|---|---|---|---|---|---|---|---|
| Net Sales Precious Woods Group | 44.4 | 46.3 | 95.8% | -2.0 | ||||
| Sawmills in Gabon | 21.2 | 22.1 | 95.9% | -0.9 | ||||
| Veneer plant in Gabon | 10.5 | 12.7 | 82.7% | -2.2 | ||||
| Net Sales Precious Woods Gabon | 27.1 | 29.3 | 92.4% | -2.2 | ||||
| Net Sales Precious Woods Amazon | 13.4 | 13.0 | 103.2% | +0.4 | ||||
| Net Sales Precious Woods Trading | 3.9 | 4.7 | 84.4% | -0.7 |