The net sales of the Precious Woods Group in the first half-year 2017 were Euro 22.5 million and thus 7.5 % higher than the same period of the previous year (Euro 20.9 million). The exchange rate effect was 0.4 %, as the company said in the press release received by Lesprom Network.
The gross profit was Euro 14.1 million and thus 11.2 % higher than the previous year period (Euro 12.7 million). The gross profit margin was 63%, compared with 60.9 % in the previous year.
Earnings before interest, taxes, depreciation and amortization (EBITDA) was Euro 4.1 million (previous year: Euro 3.8 million), corresponding to a margin of 18.2 %.
Earnings before interest and taxes (EBIT) reached Euro 1.8 million (previous year: Euro 1.3 million), with a margin of 8.1 %.
Precious Woods is one of the leading companies in sustainable management of tropical forests globally. The group was founded in 1990 with it's headquarter based in Switzerland.
