Annual Report 2024

Precious Woods – a sustainable forest management company

Annual Report in detail

315 000 m³

Net revenues

in EUR million

Change in net revenues -15.3%

Price and product mix weigh on sales

Precious Woods achieved consolidated net revenues of EUR 47.7 million in the 2024 fiscal year, 15.3 % below the previous year (EUR 56.4 million).

Further information:Consolidated statement of profit or loss

EBITDA

in EUR million

Change in EBITDA +140.6%

EBITDA margin of 4.4%

Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 2.1 million, an increase of EUR 7.2 million from the previous year (EUR -5.1 million).

Further information: Financial information by segment

Employees

in FTE

Change in employees -18.4%

Women

2023

8.2 %

2024

7.6 %

Men

2023

91.8 %

2024

92.4 %

Equity ratio

in EUR million

Change in equity ratio +102.5%

Net debt ratio

2023

1.2 x

2024

0.1 x

Equity ratio

2023

31.0 %

2024

62.8 %

Further information: Consolidated statement of financial position

Operating cash flow

Stable cash flow

Cash flow from operating activities amounted to EUR -0.6 million. Investments in tangible fixed assets amounted to EUR 3.3 million, consisting mainly of replacement investments. Cash flow from financing activities totaled EUR 3.3 million.

Further information: Consolidated statement of cash flows

Harvested timber

in m³

Change in harvested timber

2024

65 700 m³

2024

+26.4 %

Change in production

2024

-13 600 m³

2024

-20.8 %

To our shareholders

In 2024, Precious Woods achieved consolidated net revenues of EUR 47.7 million, a decrease of 15.3% from previous year (EUR 56.4 million).

Sustainability and Transparency Report

Precious Woods plays a leading role in proving that certified and sustainable forestry must be an essential part of protecting our world's forests and that only real and honest sustainability can create shared value for all.

c21 May 2025	Annual General Meeting
cAugust 2025	Publication Half-Year Report 2025

Annual Report 2024

Precious Woods – a sustainable forest management company

Key figures and information

47.7 EUR million

2.1 EUR million

1 027

62.8 %

-0.6 EUR million

315 000 m³

Net revenues

in EUR million

Change in net revenues -15.3%

Price and product mix weigh on sales

EBITDA

in EUR million

Change in EBITDA +140.6%

EBITDA margin of 4.4%

Employees

in FTE

Change in employees -18.4%

Women

Men

Equity ratio

in EUR million

Change in equity ratio +102.5%

Net debt ratio

Equity ratio

Operating cash flow

Stable cash flow

Harvested timber

in m³

Change in harvested timber

Change in production

To our shareholders

Sustainability and Transparency Report

Next events

Share the Annual Report 2024