Keyword: financial results

Homag reports 13% drop in sales in 2020 due to corona pandemic

  The Homag Group closed the 2020 financial year with a considerable drop in sales due to the challenges [...]

Nordic forestry giants feel the impact of Covid-19 on 2020 results

    Forestry giants in Northern Europe, Stora Enso, UPM and SCA, have felt the impact of the [...]

Interfor eyes growth by acquisition

The CEO of Interfor Corp. says profits from strong lumber markets mean the company is well-positioned to add to [...]

HOMAG Group sees signs of recovery in Q3/2020

    In the third quarter of 2020, the HOMAG Group recorded a significant improvement in order intake [...]

Sharp fall for UPM’s profits in Q3/2020

Finnish forestry product giant UPM reported a larger than anticipated drop in profits in its third quarter.    [...]

Setra plans to ramp up production to meet strong demand in global markets

    Swedish sawmilling group Setra plans to fully ramp up production during the autumn in response to [...]

EGGER invested EUR 300 million in the first half of the year

    The EGGER Group, with headquarters in St. Johann in Tirol, Austria, has completed the first half [...]

Canfor improves earnings in Q2

For the 2Q 2020, Canfor Corporation reported operating income of $96.9 million, $185.7 million higher than the operating [...]

UPM profit falls sharply in Q2/2020

Finnish forestry giant UPM reported a smaller-than-expected fall in quarterly profits, saying lockdowns hit paper demand and prices [...]

Arauco’s sales down 18.8% in Q1/2020

    Arauco, one of the largest global forest companies, reported sales revenues of USD 1,127.2 [...]