HolzLand: Centrally processed revenues increase by 2.7%

24.10.2019 − 

The timber trading cooperative HolzLand has reported adjusted centrally processed revenues of €622m at the end of the third quarter – a 2.7% year-on-year improvement. An increase of about 6.1% in the first quarter was thus followed by a somewhat weaker growth rate after the first five months. According to HolzLand’s managing director Nicole Averesch, a disproportionately strong 3.4% rise in revenues was booked in Germany, whereas centrally processed revenues in other European countries edged just 0.3% higher. Outside Germany, Belgium was the only country to enjoy a disproportionately large growth in revenues. Ms Averesch was still pleased with the firm’s performance and believes that revenues will grow again in other European countries in the months ahead.

In terms of the different products, solid timber/planed products (+7.8%), building materials (+6.1%) and building elements (+4.4%) chiefly fuelled the improvement in revenues. The growth in the solid timber/planed product category was almost seven percentage points lower than in the first quarter. The firm did not provide any information about the changes in revenues in other categories.

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