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– The Paris-headquartered tropical timber firm Rougier S.A. has reported a slight decline in the growth in its revenues seen since the fourth quarter of last year. Turnover improved 5.9% to €39.6m in the period from April to June 2011. By way of comparison, the firm booked growth rates of 20% and 14% in the two previous quarters. Revenues had thus increased by 9.3% to €74.1m (Jan.-June 2010: 67.8m) during the first six months of 2011 as a whole. The recently published financial report attributed this increase to higher deliveries and prices on Asian and European sales markets as well as a change in its product mix towards a larger share of refined products. Refined products accounted for 76 (74) % of group turnover.
Rougier reported improvements in all business areas apart from its plywood and veneers operations where it faced an 11.9% decline. This unit saw its share of group turnover decrease to 22.6 (28) %. The largest area in revenue terms, Lumber, achieved a 26.5% upturn in first-half turnover, raising its proportion of overall turnover to 53.2 (46) %. Revenues from roundwood sales were 1.9% higher than the same stretch last year, but their share of group turnover fell again to 24.2 (26) %. This rate stood at 36% in the first half of 2009.
The Afrique et International division, which pools Rougier‘s African production sites in Cameroon, Gabon and Congo as well as the merchant Rougier International, improved six-month revenues by 10.8% to €55.6m (50.2m). The company‘s second division, Importation Distribution France, delivered an 8% increase in turnover to €23.1m (21.4m). This unit includes its two sales arms Rougier Sylvaco and Rougier Panneaux‘s operations, which handle the import and distribution of roundwood, lumber and wood-based panels in France.
The group raised its first-half revenues in Asian markets in particular. The company generated 22 (19.9) % of its revenues in that region. European customers still made up the largest proportion of turnover with 63.5 (64.2) % despite a slightly deteriorating performance. Rougier said that its Sub-Saharan Africa region generated 4.9 (5.5) % of revenues, with American business adding 2.2 (1.6) % and the Mediterranean Basin and Middle East contributing the remaining 7.4 (8.8) % of group turnover.
31.08.2011
Roundwood/Sawnwood
- Prices for eastern Siberian larch lumber remain largely stable in August despite holiday season
- 10 % reduction registered in Russian lumber exports
- Felling in Russia in July 2011 lower than in June
- Northwest Russian spruce lumber continues to lose market shares within Central Europe
- Latvian roundwood exports increased by as much as 26.1%
- Felling practically no longer hampered by forest fires
- Finland: Growth recorded in softwood lumber output until June
- United Business Media takes over Ecobuild
- Finland: Log deliveries still below last year‘s level
- Softwood lumber shipments down in North America in the second quarter
- Further growth in softwood lumber output until March
- Brisk demand for logs keeping price situation largely stable in Austria
- Hardwood lumber markets in UNECE revived slightly in 2010
- Lumber exports recovered in second quarter 2011
- Structural panels production declined again in Q2
Wood products
Wood-based panels
- Latvian plywood exports still higher than this time in 2010
- Demand for radiata pine plywood bounces back slightly after summer holidays end
- FFIF: Finnish plywood output grew again
- North American OSB manufacturers enjoy significant increase in exports
- North American composite panels producers‘ capacity utilisation rates stay low
- Slowdown in deliveries continued in second quarter
- GreCon wood-based panels seminar in Hanover
- Demand for MDF/HDF has undergone slight post-holiday revival since mid-August
- IHD Dresden holding ninth wood-based panels colloquium
- Summer reductions push OSB prices below last year‘s level again
- Slump in German particleboard exports persists
Furniture
- Demand for bathroom furniture remained brisk in July/August
- Fittings manufacturers anticipate possible renewed downturn in export markets
- VdDK members‘ order value up 5% in first half-year 2011
- Kitchen furniture industry sales 6% up on last year until June
Building products
Construction
- Housing construction again shows satisfactory trend
- Japan: Residential building increases by 5.8 % in June
Trade
Companies
- Lammhults: Office furniture segment improves turnover
- Slovenian furniture producer Javor Pohištvo bankrupt
- Javor Group: Another subsidiary files for bankruptcy
- Alno granted initial loan of €3m by Müller‘s Comco
- Forte enjoys strong growth in Q1 revenues and profits
- Eggerath: Business operations continue with work force of 60
- Kinnarps Deutschland bundles production in Worms
- Looser: Results forecast for 2011 corrected downwards
- Klostermann Küchen still up and running for time being
- Lowe’s: Turnover and result stabilising again
- Home Depot recovers again in the second quarter
- BlueLinx: Downward trend continues in Q2
- Temple-Inland: Timber business continues to operate at a loss
- IP: Take-over offer now extended until September
- Metsäliitto: Paper activities impose a strain on result
- Start-up in Braviken imposes strain on Holmen result
- Kurekss new sawing line starts up in fourth quarter
- Södra: Fire causes stop in production at Mönsterås
- Lafarge divests itself of gypsum operations in Asia
- Delignit: Results back in the black in first half of 2011
- Rougier books slowdown in revenue growth
- Pfleiderer Grajewo improves result again
- Gascogne records increased turnover in the first half year
- Uzin Utz shows further growth in turnover and result
- Roseburg to close two plants in South Carolina
- Resopal improves turnover by 17% in first six months
- Raute back in the black in the second quarter