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Double-figure growth in Medite Smartply’s sales revenue

24.05.2019 − 

In spite of a 3 % reduction in the sold volume, sales revenue generated by the “Medite Smartply” division of the Irish national forest office Coillte Teoranta rose by 12 % in its business year 2018 to 211.3m €. According to Coillte, this is attributable to the considerably higher average selling prices than a year earlier. MDF prices increased 11 %, and those for OSB even rose 27 % above the previous year’s level. The higher proportion of higher-quality assortments contributed to the growth in OSB prices.

The “Forest” division also profited from higher selling prices in 2018. Although the volume of log sales was 7 % down against a year earlier at 1.52m m³, leaving the company’s internal deliveries worth 33.4m € aside, the sales revenue generated from sales to external buyers still rose by 8 % to 115.2m €. Coillte supplied roundwood worth a total of 132.9m € to Irish customers including Medite Smartply (+4 %).

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