Operating profit for the financial year 2023 increased from the previous year’s Euro 2.2 million to Euro 4.2 million.
Mohawk Industries, Inc. announced Q1 2024 net earnings of $105 million and earnings per share of $1.64.
The smallest available thickness of StringPly, the ultra-lightweight plywood produced and launched by Paged is just 1.5 mm.
Cash flow from operating activities in the Q1 2024 amounted to SEK -226 million ($2.4 million).
30-year fixed-rate reaches 7.17%.
Price for sawlog exported from Germany to China rose 2%.
Exports of lumber from New Zealand rose 1.7%.
Exports of wood chips from Australia to China rose 4%.
Segezha Group's revenue declined 9% in 2023, leading to a net loss of about $197 million.
Still trails 2022 levels by 16.2%
This figure is still lower than the Q1 2022 production volume.
Key contributors to the quarter's results included the UPM Paso de los Toros pulp mill, which operated at 83% of capacity, and the successful sale of the Steyrermühl site in Austria.
First quarter impacted by weather and fire.
Exports of lumber from Chile slipped 4%.
Price for wood chips exported from Chile gained 2%.
Andritz has received an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to rebuild two existing OCC (old corrugated containers) lines for its mill in Surabaya, Indonesia.