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June 4, 2025

Latvijas Finieris sells record amount of plywood

In 2024, the “Latvijas Finieris” concern sold a record volume of 309 thousand cubic meters of plywood production (in 2023 – 296.6). This is the highest result in the company’s history, which confirms the stable demand for birch plywood produced in the world, the company says. The group’s turnover in 2024 reached 409.0 million. EUR (in 2023 – 404.8). Net profit was 57 million EUR (in 2023 – 55.6). In turn, the group’s EBITDA reached 82.2 million EUR (in 2023 – 78). 92% of birch plywood products were sold in 56 export countries outside ...

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