Robust cost structure

Thanks to improved efficiency, production costs were reduced disproportionately, amounting to 49% of sales compared to 64% in the previous year. Personnel costs across all operational and administrative areas fell by a further 20% to EUR 16.9 million (previous year: EUR 21.1 million). These additional cost reductions not only contribute to sustainable profitability but also reflect a new, more resilient cost structure capable of responding more flexibly to fluctuations in demand in the timber markets.