Outlook for 2023
We expect a log harvest volume of about 190 000 m3. The aim is to further increase production and sales volume. Because we have a high proportion of fixed costs, an increase in profitability can be achieved only through an increase in volume. We are planning investments in vertical integration, but these will not take effect before the end of 2023 at the earliest. New, local financing options are being examined in order to manage the replacement investments for machinery. Our ambition is, and remains, to also gain a foothold in the local Brazilian market with sustainably produced sawn timber products, and we are taking every opportunity to establish ourselves. At the same time, we want to maintain our long-standing relationships with clients and partners and intensify and expand our activities in our traditional European, North American, and Asian markets.