Purchase includes Plößberg site, boosting pellet production.
Revenue remains stable at 22.8 billion kronor, while forest valuation rises 3% to 57.8 billion kronor.
According to company, market conditions remain challenging, with increased timber prices outpacing the rise in sales prices.
Austrian company HS Timber Group acquires Vika Wood after competition authority approval.
Imports of wood chips to Japan expanded 6%.
The new price is valid from March 1, 2025.
EU competitiveness plan must translate into action, says Austrian wood industry.
Home sale revenues increased 13% to $4.7 billion in Q4 2024.
Vietnam supplied 52% of Japan’s wood pellet imports.
Delivery, installation, and commissioning are scheduled for spring 2025.
Elevated mortgage rates and rising prices contribute to extended market times across the U.S.
The estimated sales for the overall market in December 2024 were reported at $875 million. For the year-to-date period, the overall market estimated sales were $12.65 billion.
The credit facilities provide the Company with US$825 million in financing capacity and is comprised of a revolving credit facility of US$600 million and a term loan of US$225 million.
Kelly Spicers’ expansion in the Denver market includes an upcoming move into a brand-new facility by the end of Q1, which will house all of its regional sales, distribution and warehouse operations.
In the first half-year 2024/2025, the EGGER Group generated sales of Euro 2,093.5 million (–0.2% as compared to the first half-year 2023/2024).
Full-year net sales were $18.6 billion in 2024 and $18.9 billion in 2023.