Tag: financial results

Segezha Group announces financial and operating results for Q3/2023

Segezha Group announces its unaudited consolidated financial results and operating results for Q3 2023. Revenue was up 13% QoQ to RUB 23.9 billion, driven by the increased sales volumes of the Group’s finished products. The weakening of the...

Segezha Group announces its unaudited consolidated financial and operating results for Q2 2023

Revenue was up 13% QoQ to RUB 21.1 billion, driven by the increased sales volumes of the Group’s finished products. The weakening of the rouble against major foreign currencies also had a positive impact. OIBDA increased 2.7 times...

Segezha Group announces financial and operating results for Q1 2023

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...

Segezha Group announces financial and operating results for 2022

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...

Segezha Group announces its unaudited consolidated IFRS financial results and operating results for Q1 2022.

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...

Segezha Group announces financial and operating results in 1H 2021

Segezha Group (MOEX: SGZH), a leading vertically integrated holding company in the timber industry performing a full cycle of operations from logging to advanced wood processing, announces its operating and interim consolidated IFRS financial results in 1H 2021....

Segezha Group announces IFRS results for Q1 2020

The Company’s revenue dropped by 1.1% to RUB 14.3bn. OIBDA in Q1 2020 is down 33.6% YoY to RUB 2.6bn. The key factor that had a negative impact on the Group’s financial results is the decrease in paper...

Russian Timber Journal 07-2018: WhatWood interview with Ali Kiliç, General Director of Kastamonu in Russia; the minimum growth rate of sawnwood exports from Russia in the last seven years; and sawn softwood exports from Russia to China, Japan, Europe by producers

The devaluation of the ruble has led to a deplorable state of the already unsteady economy in our country. However, the reliance on import substitution stimulates domestic enterprises not to stop in development. And while large companies continue...

Global Trends Review, October 28 – November 03, 2013: lumber market oversaturation in Japan to end in Q2 2014; companies publish Q3 results

Scandinavian woodworking companies report improving market conditions, higher selling prices and lower raw material costs. Their North American colleagues also publish very positive results, despite lumber prices falling back from Q2, TTJ reported. Setra’s UK sawn timber sales...

WhatWood: Russia’s forest industry Top 100 profit margin declined to 1.38% in 2012

In 2012, joint net sales of the 100 largest Russian forest industry companies that participated in the WhatWood rating declined by 0.87% to RUR 279.68 billion. Joint net profit of 94 companies of the rating who disclosed this...

Capital investments into Russian forest industry fell 17.4% in 1Q 2013

Volume of capital investments into Russian forest industry in the first quarter of the year shrank by 17.4% to RUR 20.5 billion. In the pulp & paper sector, Irkutsk region was the leader. Here, large project of Ilim...

RusForest managed to increase revenue and average lumber prices in Q1 2013

RusForest, a Swedish forestry company with operations in Russia, released its first quarter 2013 interim report. Revenue increased by 43% to SEK 156.9 million (€18.26 million), net profit after the bond restructuring amounted to SEK 188.1 million (€21.89...