The Rougier Africa International branch achieved strong revenue growth in 2014, up 15.9% from 2013 to reach Euro 135 million. 4Q sales came in 50% higher than average for the previous three quarters with Euro 44.9 million. This performance has been driven primarily by the business catching up again after the delays sustained with revenues in Cameroon and Congo during previous quarters. It also factors in the improvement in the supply chain and a sustained level of shipping from Douala Port. In Gabon, revenues for the quarter are stable compared with the previous quarters, despite the operational difficulties seen at the end of the year.
In 2014, the Rougier Sylvaco Panneaux branch recorded Euro 26.3 million in revenues, down 14.3% from 2013. The merger between Rougier Sylvaco and Rougier Panneaux moved forward during the second half of the year, against a backdrop of a significant contraction on the French construction market. The operational synergies achieved make it possible to look ahead to 2015 under better conditions.
Sawn timber sales (61.1% of 2014 consolidated revenues) are up 23.4% versus 2013. Growth accelerated in the fourth quarter of 2014 (+44.9%), supported in terms of both volumes and prices by the positive trend for global demand, as well as the strong development of sales based on sourcing from outside of the Group.
Log sales (22.9% of 2014 consolidated revenues) are up 1.8% compared with 2013. 4Q, with 7.6% growth, was marked by the high level of shipments from Cameroon and Congo and the good level of local sales in Gabon.
Plywood sales (16.0% of 2014 consolidated revenues) are down 11.7% compared with 2013 due to an unfavorable environment in the European markets.
Rougier Group is a market leader for certified African tropical timber.
