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Weyerhaeuser Company reported 3Q 2022 net earnings of $310 million, or 42 cents per diluted share, on net sales of $2.3 billion. This compares with net earnings of $482 million, or 64 cents per diluted share, on net sales of $2.3 billion for the same period last year.

Wood processing company UAB Juodeliai, production unit in Marijampolė, and for the first time in the Baltic States, has been equipped with a tomograph that will allow raw wood to be used even more efficiently. This investment of over Euro 3 million.

In the first half of 2022, Precious Woods' sales growth was 15.2% over the same period of the previous year, and EBIT fell by Euro 0.7 million. This result reflects the difficult economic environment and substantial corresponding cost increases.