Lesy CR reaps benefit of higher roundwood prices

The Czech state forest business unit Lesy Ceské republiky (Lesy CR) of Hradec Králové boosted its operating result for the first quarter by 270% against last year to CZK2.26bn (roughly equivalent to €93m). Sales revenue rose by 61% to CZK4.1bn. At 2.29m m³, however, the volume felled in the first quarter was a fifth...

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