Outlook for 2024

After deciding to focus on harvesting fewer wood species in 2023, our focus is now on processing Okoumé and Azobé. Following the restructuring, production volumes in the sawmills in 2024 will be below the previous year’s level. Additional improvements in production processes will be implemented to further reduce costs. To alleviate the tense logistics situation in domestic transport, we are planning our own measures to secure the transport of sawn timber and logs. The market situation is increasingly improving, and production capacities for the first two quarters were already sold by February 2024.