PW Trading

Positive development in the Trading segment

The Trading segment generated revenues of EUR 3.8 million in the financial year 2025 (previous year: EUR 4.2 million). EBITDA increased to EUR 0.1 million (previous year: EUR -1.0 million).

Trading activities in logs and sawn timber from Europe and Africa were successfully continued in the financial year 2025. However, trading volumes remained below planned levels. As in the previous year, heavy rainfall during the harvesting season in the first half of 2025 limited the availability of logs. In the second half of the year, the impact of U.S. tariff policies on our Asian customers also became apparent. Following a negative result in 2024 due to the disposal of inventory in the Netherlands, the segment returned to positive performance in 2025. Activities will continue at a comparable level in the financial year 2026.