Earnings Projections – Wood Markets News

Projections

Ponsse changes performance guidance for 2022. The company’s euro-denominated operating result in 2022 is expected to be on a par with the comparable operating result of its continuing operations in 2021 (Euro 50 million, 8.2% of net sales).

Sawmills in the North-West of Russia began to stop production due to the inability to redirect supplies from Europe to the East. Since July 10, they have been unable to export to Europe due to sanctions imposed in response to Russia's invasion of Ukraine.

Investment companies are seeing a strong movement towards ESG type investments in forestry and natural resource assets. A lot of that demand is coming out of Europe as people are trying to meet their climate and carbon neutrality goals. Joe Sanderson, managing director and CEO of natural resources at Domain Timber Advi...

The Mayr-Melnhof Group (MM) expects for the 2Q 2022 an operating profit in the range of Euro 150 to Euro 200 million (2Q 2021: Euro 31 million) after Euro 111 million in the 1Q 2022. For the 1H 2022 this translates to a probable operating profit in the range of Euro 260 to Euro 310 million.

Enviva Inc. to expect reported financial results with respect to the 2Q 2022 to be similar to reported results for the 1Q 2022, as the company exited its seasonally soft period and is capitalizing on the substantially increased plant availability driven by the reduction of COVID-related absenteeism and improving perfor...

UPM raises its earnings outlook for H1 2022 and for the full year 2022. The company now expects its comparable EBIT to increase both in H1 2022 from H1 2021, and in the full year 2022 from 2021. UPM’s comparable EBIT totalled Euro 586 million in H1 2021, and Euro 1,471 million in the full-year 2021.

How the world wood markets will change and what the Russian forest based industry will lose. The new report provides a detailed picture of how the global markets for wood products have changed in January-April 2022, and what consequences the war has had for Russian companies. It presents also the forecasts of the owner...

Dramatic reduction in exports of forest products from Russia, Belarus, and Ukraine is one immediate impact of Ukraine-Russia conflict. The disruption in trade has significantly impacted global markets since the three countries accounted for nearly 25% of worldwide lumber trade last year.