PW Amazon
Stable production and ongoing challenges in logistics
The PW Amazon segment recorded net sales of EUR 5.6 million in the first half of 2025 (previous year: EUR 5.1 million) and an operating profit (EBITDA) of EUR 1.6 million (previous year: EUR 0.7 million). Production volume in the first half of the year reached 12 691 m3 of sawn timber, up 15.1 % on the previous year (11 027 m3).
Net sales for the PW Amazon segment were 10 % higher than in the previous year, resulting in an EBITDA margin of 27.9 % (previous year: -13.0 %).
Demand for tropical timber from the Amazon region remains stable, at a low level, and is developing in line with expectations. Compared with the previous year, stocks at MIL Madeiras Preciosas Ltda. (MIL) were reduced to the planned level. However, capacity bottlenecks with the relevant authorities led to delays in processing at the Port of Manaus, which had a negative impact on half-year revenue. Despite these adverse effects, the result improved compared with the previous year, with the reduced cost base also making a significant contribution.
Sales in the local market totaled EUR 1.6 million, representing a decrease of EUR 0.4 million compared to the previous year. The sale of surplus biomass from MIL Energia Renovável Ltda. contributed significantly to this result in the local market.
In the first half of the year, MIL acquired its first major order for a multi-year reforestation project, which has already had a positive impact on the result.
Harvesting activities resumed as planned in June.