Tag: EBITDA
Russian Timber Journal 08-2020: Ranking of Top 100 Russian timber industry companies in 2019: slowing down as global economy growth decelerates; interview with Management at Metadynea – Russia’s largest synthetic resins producer; the Russian wood-based panel sector is trying to recover from the recession of the coronavirus crisis
25 September 2020 ` 18:27
Russian Timber Journal 08-2020: the total revenue of the Top-100 forestry companies in 2019 amounted to RUB 1.19 trillion, which in current prices is only 0.44% more than in 2018, and this is the minimum growth rate over... COVID-19 impacts revenue and earnings of the Lenzing Group in 1H 2020
13 August 2020 ` 10:20
In 1H 2020, the Lenzing Group faced a historically difficult market environment with increased pressure on prices and volumes resulting from the COVID-19 crisis. As a result, revenue declined by 25.6% from EUR 1.09 billion to EUR 810.2... Norbord reports 2Q 2020 earnings
10 August 2020 ` 12:12
Norbord Inc. reported Adjusted EBITDA of $84 million for 2Q 2020 compared to $75 million in 1Q 2020 and $36 million in 2Q 2019. The quarter-over-quarter increase was primarily due to lower manufacturing costs, partially offset by lower... Norske Skog: demand drop due to corona pandemic
27 July 2020 ` 19:08
Norske Skog’s EBITDA in 2Q 2020 was NOK 138 million ($14.9 million), a decrease from NOK 379 ($41 million) in 1Q 2020, mainly due to national restrictions on movement of goods and people following the outbreak of the... Norske Skog revenue declines by almost 14%
19 June 2020 ` 14:13
Norwegian timber holding company published a report on the results of work in 1 quarter. 2020, Norske Skog revenue declined 13.7%. The company’s revenue for the reporting period amounted to about $ 284.4 million. EBITDA for the first... UPM: Sales decreased by 15% to EUR 2,287 million in Q1 2020
25 May 2020 ` 17:45
Sales decreased by 15% to EUR 2,287 million (2,693 million in Q1 2019) due to lower pulp and paper prices and lower deliveries of graphic papers. Comparable EBIT decreased by 26% to EUR 279 million (374 million). UPM... Trend in revenue decline of major timber industry players
19 May 2020 ` 13:26
Many forest-industry companies reported that they reduced revenues or reduced EBITDA margin in 2019. Mondi Group reduced revenue by 3% to € 7.268 billion. International Paper reduced revenue by 3.99% to $ 23.376 billion. Russian forest-industry companies also... RFP Group, the largest company in the Russian Far East, may change of ownership
13 May 2020 ` 18:25
The main shareholders of the RFP Group Roman Abramovich, Alexander Abramov and Alexander Frolov want to cut their shares in the company, Kommersant reports. This refers to finding a new investor who is ready to acquire an equity... Russian Timber Journal 02-2020: Russia: wood pellet exports grew by 28% and totaled almost 2 million tons in 2019; the Russian Government to consider the creation of a separate forest ministry in Russia; abnormal temperature undermined harvesting enterprises of the Leningrad region; the Ministry of Industry and Trade is agreeing on the ban on government purchases of foreign furniture with other departments
16 March 2020 ` 15:40
Russian Timber Journal 02-2020: In 2019, wood pellet exports from Russia showed the highest growth pace among all export-oriented forest products; Mikhail Mishustin instructed the Government to consider the creation of a separate forest ministry in Russia; the... The wood-based materials manufacturer Egger Group recorded sales of EUR 2.84 billion and adjusted EBITDA of EUR 425.0 million
27 July 2019 ` 23:35
Egger Group Management is satisfied with the sales of EUR 2,841.5 million achieved in the 2018/2019 financial year (+5.6% compared to the previous year) and the adjusted operating result (EBITDA) of EUR 425.0 million (-4.7% compared to the... Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log price index in Russia
9 July 2019 ` 12:14
Russian Timber Journal 06-2019: WhatWood interview with President of United Panel Group; downward pricing trend for logs continues; packaging industry: on the way to circular economy; In 2018, China is increasing trade in wood; WhatWood’s statistics of log... Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and imports for 4 years; Sawmill profit margins fell substantially in North America
11 June 2019 ` 11:30
Russian Timber Journal 05-2019: WhatWood interview with CEO of Altailes; Causes of dropping prices for Russian plywood; Wood product exports hit by US tariffs; Rosleskhoz supported distant monitoring of forests; WhatWood’s study of Russian forest products exports and...