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Ilim Timber sales in 2012 reached $710 million, lumber production was 2.28M cu m

St. Petersburg, February 05. Ilim Timber holding announced year-end production and financial results. For the twelve months ended December 31, 2012, Ilim Timber produced 2.56 million cubic meters of...

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Mondi Group’s revenue in 2012 reached €5.8 billion; demand in Russia was down...

London/Johannesburg, February 21. Revenue of Mondi Group in 2012 amounted to €5.8 billion, compared to €5.74 billion a year ago, the company said in its full-year report. “Continued strong...

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Russian forest industry revenue increased by 6.5% to €18.46 billion in 2012

Russian forest industry earned 733.6 billion Rubles (€18.46 billion) in 2012, which is 6.5% higher than in 2011, as said in the annual report published by WhatWood analytic department. Sales profit...

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UPM: Plywood market in 2012 was tough on strong competition from Latin...

Helsinki, April 10. Sales of UPM in 2012 reached €10.44 billion, which is 4% higher on-year. However, operating profit of the company declined by 22% to €530 million, as reported in the annual report...

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Global Trends Review, April 22-28, 2013: Challenging conditions for Nordic...

The largest Scandinavian companies posted not very cheerful Q1 results. Setra’s net loss was SEK 27 million, which is on par with Q1 2012 levels. Sales decreased slightly. According to company’s CEO...

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RusForest to shift sales from Middle East to Japan and China

Rusforest Group issued annual report for 2012. Company’s total turnover for 2012 amounted to SEK 564.3 million ($85.5 million) compared to SEK 409.4 million ($62 million) in 2011. These results were...

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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...

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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,...

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

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...

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Global Trends Review, October 28 – November 03, 2013: lumber market...

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...

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Russian Timber Journal 07-2018: WhatWood interview with Ali Kiliç, General...

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...

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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...

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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...

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Segezha Group announces its unaudited consolidated IFRS financial results and...

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...

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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...

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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...

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Segezha Group announces its unaudited consolidated financial and operating...

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...

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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...

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