Danzer reports sales of Euro 180 million in 2019; a 11% drop from sales of Euro 202 million in the year 2018. Two main drivers caused the sales decrease: the closure of Danzer’s flooring deck layer production in France and sharply declining lumber sales out of North America, due to the US-Chinese trade war. The company responded with a rightsizing of its operations and its overhead cost structure. Going forward, Danzer continues to focus on businesses for which it maintains competitive advantages.
44% of Danzer’s 2019 Euro180 million sales originated from sliced products, 33% from sawn products; the remaining 23% of Danzer’s sales in 2019 were logs, specialties and services. In 2019, Danzer shipped products to 76 countries. The top 10 countries accounted for 76% of sales and were, in this order: USA, UK, Germany, Canada, China, Austria, Poland, Mexico, India and Slovakia. Sales to most regions remained stable or grew over 2018. Sales to China shrunk by two thirds, mostly due to lower hardwood lumber sales. In Europe, Danzer’s sales decreased as well: Classic veneer production there had been limited to profitable species that could be procured sustainably. With the closure of Danzer France, flooring deck layer production did not compensate the planned reduction of classic veneer production.
In 2019, Danzer sold more than 150 different hardwood species: 61% of the sales were North American species, 31% European, 7% African and 1% from other regions in the World. The top 10 species accounted for 83% of sales. Top three selling species were European Oak, American Walnut and American White Oak, followed by Hard Maple, European Ash, American Black Cherry, American Red Oak, Sapelli and American White Ash. Danzer continues to process all wood procured as close to the source as possible.
Danzer is a leading quality hardwood company with production facilities in North America and Europe.
