Half-Year Report 2023

Precious Woods – a sustainable forest management company

Half-Year Report in detail

1 453

Revenue

in EUR million

Change in revenue +5.0 %

Increase in sales by 5.0 %

Precious Woods generated in the first half of 2023 net sales of EUR 32.9 million. This was 5.0 % above the previous year’s net sales of EUR 31.3 million. On a consolidated basis, Precious Woods Gabon achieved sales of EUR 19.3 million, 4.7 % higher than in the same period of the previous year (EUR 18.5 million). Sales in Brazil were 4.3 % lower and reached EUR 8.4 million (previous year: 8.8 million). Sales from the trade of European logs and sawn timber increased by 13.3 % to EUR 4.5 million (previous year: EUR 4.0 million). The energy production of Carbon & Energy resulted in sales of EUR 1.5 million (previous year: EUR 1.7 million).

Further information: Financial information by segment

EBITDA

in EUR million

Change in EBITDA -60.3 %

EBITDA margin of 6.1 %

Earnings before interest, tax, depreciation and amortization (EBITDA) amounted to EUR 2.0 million (previous year: EUR 5.1 million), corresponding to a margin of 6.1 %. Earnings before interest and tax (EBIT) reached EUR -0.2 million (previous year: EUR 2.8 million), with a margin of -0.6 %.

Further information: Consolidated statement of profit or loss

Employees

in FTE

Change in employees -9.5 %

Woman

2022

8 %

2023

8 %

Men

2022

92 %

2023

92 %

Next events

cApril 2024	Publication Annual Report 2023
cMay 2024	Annual General Meeting

Half-Year Report 2023

Precious Woods – a sustainable forest management company

Key figures and information

32.9 EUR million

2.0 EUR million

1 453

Revenue

in EUR million

Change in revenue +5.0 %

Increase in sales by 5.0 %

EBITDA

in EUR million

Change in EBITDA -60.3 %

EBITDA margin of 6.1 %

Employees

in FTE

Change in employees -9.5 %

Woman

Men

Next events

Share the Half-Year Report 2023