Timber industry research & analytics Financial results 
Segezha Group announces financial and operating results for Q1 2023
May 25, 2023 ` 16:01
The Group’s revenue for Q1 2023 grew by 10% QoQ to RUB 18.7 billon primarily due to weakening of the rouble to the main foreign currencies rates: -17% for USD, -21% for CNY. The share of export revenue...
Russian Timber Journal 03-2023: interview with Pavel Kunin, Commercial Director at Doza-Gran; Russia exports almost no unprocessed timber; list of assignments given by the President of the Russian Federation as a follow-up to a meeting on the development of the Russian timber industry; China plans to increase plywood production capacity in 2023; Association of Furniture and Woodworking Enterprises of Russia suggests increasing the import duty on European furniture to 50%; owner of Leroy Merlin will hand over its Russian business to the management team; Governmental commission approved the sale of a share in Ilim by International Paper; large timber enterprises of the Tomsk Region are suspending production; Russian plywood output rose in February; Segezha Group sold its European assets that produce paper packaging; in 2022, the Russian export of wood and articles of wood dropped by almost one-fourth
April 10, 2023 ` 10:32
Russian Timber Journal 03-2023: Pavel Kunin, Commercial Director at Doza-Gran: “From the financial and time perspective, a wood pellet line is the most lucrative kind of investment associated with recycling sawmilling waste”; in 2022, the volume of roundwood export...
Segezha Group announces financial and operating results for 2022
April 3, 2023 ` 20:43
Segezha Group announces its consolidated audited IFRS financial results and operating results for the 12 months of 2022. Revenue was up 15% YoY to RUB 106.8 billion, driven mostly by the consolidation of the assets of NLHK and...
Russian Timber Journal 02-2023: interview with Yuri Strezhen, CEO at Praktika Group; state support measures for the Russian timber industry affected by the sanctions pressure; China reduced log imports from all the main suppliers in 2022; Vladimir Putin proposed to grant enterprises a deferment on forest area lease payments for unharvested timber; the Government of the Russian Federation increased the maximum amount of compensation for the expenses of timber enterprises for the transportation of their products; in 2022, Russia reduced the volume of logging by 13.5% to 194.6 million m³, according to Roslesinforg; Russian Railways resumed accepting sawn timber for export shipments through Kazakhstan; International Paper reaches agreement to sell ownership interest in Ilim joint venture; Segezha Group may reorient the Segezha West project to new products; the volume of furniture export from Russia dropped by 39% YoY in 2022, down to 29.5 billion rubles; Luzales and Slotex acquire Russian assets of IKEA
March 7, 2023 ` 15:24
Russian Timber Journal 02-2023: Yuri Strezhen, CEO at Praktika Group: “This is a good time to improve the efficiency of both production and administrative processes of enterprises”; support measures mentioned by the business, relevant agencies, regions, the Government...
Russian Timber Journal 10-2022: Top 100 Russian timber industry companies in 2021; sawn timber transit through Kazakhstan is banned for Russian exporters; Government of the Russian Federation is planning to set the priorities of sawn timber transportation eastwards by railway; Russia increased its plywood production for the first time in a long while; timber harvest in the Vologda Region dropped by a third in Q2 – Q3 2022; Pestovsky LPK suspends production
December 14, 2022 ` 19:19
Russian Timber Journal 10-2022: WhatWood Analytics Agency prepared the next rating of TOP 100 Russian timber industry companies in 2021; Russian timber enterprises are asking the authorities to lift the restrictions on transiting dried sawn timber through Kazakhstan...
Segezha Group announces its unaudited consolidated IFRS financial results and operating results for Q1 2022.
June 27, 2022 ` 18:33
Revenue was up 96% YoY to RUB 35.6 billion, driven by higher sales, higher average selling prices, a positive effect from ruble depreciation and also the effect of consolidation of the assets of Novoeniseisk Wood-Chemical Complex (NLHK) and...
Russian Timber Journal 05-2022: interview with Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users operating LesEGAIS; plywood production continues to decline in Russia; Valmet’s withdrawal from Russia is progressing; Rehau to withdraw business in Russia
June 27, 2022 ` 17:01
Russian Timber Journal 05-2022: Alexander Shangin, CEO, Vologodskiye Lesopromyshlenniki Group: “Substantial assistance to systemically important federal-level enterprises is currently non-existent”; roaring demand in 2021 caused a consumption/supply imbalance in the Russian MDF/HDF market; Rosleskhoz urges for reduced liability of forest users...
Segezha Group announces operating and financial results for FY 2021
April 1, 2022 ` 14:07
Segezha Group announces its consolidated audited IFRS financial results and operating results for the 12 months of 2021 (FY 2021). Revenue totalled RUB 92.4 billion, a 34% YoY increase, amid a recovery in global demand and higher average...
