Outlook for 2024
We expect a log harvest volume of about 156 000 m3. While the production volume will be higher than in 2023, it will still be lower than in previous years. Due to the slowly improving market situation, sales will also increase, albeit still slightly below the level of 2021 and 2022. This is due in particular to the restructuring, which, in addition to reducing costs, aims to focus production on products that are better aligned with our opportunities. Due to these restructuring measures, only replacement investments will be made in 2024. New, local financing options are being launched 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.