Posted Februar 10, 2017
Rougier is reporting Euro 149.4 million in consolidated revenues for 2016, down 9.3% from 2015. Following on from the trend seen since the start of the year, revenues for the 4Q 2016 contracted 11% compared with the 4Q 2015 to Euro 37.6 million, as the company said in the press release received by Lesprom Network.
The change in revenues compared with 2015 takes into account a Euro 0.4 million positive exchange effect. No changes in scope were recorded over the year.
Full-year revenues for the Rougier Afrique International branch are down 11.8% from 2015. Business in Cameroon and Congo has been affected by the significant slowdown in demand in the main emerging countries. This contraction has been partially offset by the improvement in business in Gabon, benefiting from buoyant local demand and the upturn in the European market for plywood and veneers.
Full-year revenues for the Import-Distribution France branch are up 3.2% from 2015. In a French market that is still quite flat, this growth has been driven by the strengthening of its product ranges and the diversification of its customer base.
The Rougier Group is a market leader for certified African tropical timber. The Group has three core business lines: Rougier Afrique International (natural forest harvesting, industrial processing and international trade), Importing and distribution in France of timber from all origins (including Rougier Sylvaco Panneaux) and Plantations (research, management and investment in industrial forest plantations in Africa).